Good afternoon all.
I’m a relative newby to ICP. I have ICP staked and locked for 8 years.
Can someone please explain maturity to me.
If you automatically stake new rewards; are these added to your current balance staked and compounded to give increased rewards?
I.e. If I stake 100 ICP and receive 14.2% in rewards per annum, do I get 14.2% the following year on 114.2 ICP? Or, do you only receive rewards on the amount you stake from the start or increased stake when you add more?
Sorry if it sounds confusing…
Thanks.