When do I receive payments?
Here you will read more on when you will receive your fractional payments
Written by Thomas Orloff
September 22, 2024
Becoming a member of CrowdNode you will join the pool of several Masternodes. Whenever a Masternode gets a reward, the reward will proportionally be paid to the members less the fee to CrowdNode.
We have put up a formula for this:
Fractional payment (after fee) = Reward x (1- CrowdNode Fee) x Member Active Balance / Total Active Balance
Where,
Fractional payment (after fee): Actual payment to the customer in digital currency
Reward: Payment from the network to a CrowdNode operated Masternode
CrowdNode Fee: Our fee for the services provided, please see specific fee section
Active Balance: Deposits of 1 Dash or more become part of a member's active balance after a qualification period of 1 reward from all of the Masternodes hosted by CrowdNode. Reinvested payments are active immediately.
Member active balance: Active balance for a given member
Total active balance: Active balance for all CrowdNode members
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