So far I’ve delegated my BNB tokens to three different validators via Trustwallet:
Enrico Fermi: Enrico was “decommissioned” a few hours after I delegated so I had to redelegate to a new validator. No rewards received.
Avengers: Staked with this one for about 10 days. No rewards received.
Ankr_BSC_validator_1: They say third time is the charm. So I redelegated to this one. It’s been three days or so now. No rewards received.
What’s the deal? Are these validators bad actors who are keeping the rewards to themselves? Am I missing something? I did the staking correctly (at least according to the Stake Details).
Tough to find anything other than rudimentary stats on these folks. But so far this just looks like a bunch of yahoo’s stealing other people’s money.
Hi all, first time staked BNB on Trust Wallet & sad to say it looks like a bad experience, hence I share your same sentiment above as well.
I too have delegated my BNB to Ankr_BSC_validator_1 for past 8 days & I can’t seem to find any rewards anywhere when it should have started after Day 2.
When I check on binance website validator list to see if the validator is active, turns out he still is BUT I noticed the commission stated there is 0%.
Does this mean he’s not earning any commission & hence why us delegators are also getting ZERO rewards as a result?
Also how are the rewards suppose to be distributed to us in the first place? Eg. to our BNB wallet directly on a daily basis?
My experience with BnB staking has told me never to use this trash wallet for any staking activity. I’m still awaiting funds back from delegation and it’s been over 7 days. If and when I get them back I’m just going elsewhere.
The experience has been somewhat of a nightmare and it seems on con if I’m being honest. In the 2+ weeks I’ve attempted to stake BNB bid received no rewards and have still not received my coins back!!!
It’s hard to know what’s going on here. But one thing is certain, something is going on. As to the possibility that you have to unstake for 7 days to see/receive your rewards, if that is true then it would be a ridiculous feature to have in place, and then, of course, fail to mention it anywhere.
I’m going to try one more redelegation when my 7 days with my 3rd successive loser validator is up. If validator #4 is anything like his the first three, I will just unstake my BNB and send it over to Nexo. At least there I get 5% APY on my BNB, which is compounded daily and paid out daily.
I’m not sure yet, but I may have to eat crow on this one, meaning that I might be receiving rewards after all. I will know for sure in another day or two.
If I am, in fact, receiving rewards, I apologize in advance to those involved in this staking platform!
OK, I figured out what my problem was. I’m a dummy. When I set up my BNB stake, I left a small amount un-staked but didn’t note the exact amount. And I have not been paying attention to the non-staked balance. But yesterday I thought it might have changed slightly. I wasn’t sure so I noted the balance and waited 24h. Sure enough, today it increased again, by a small and seemingly trivial amount.
Then I did the math. I calculated how many BNB I should be earning per day based on my validator’s current APY. Indeed, the small increase in my daily non-staked BNB balance was about what it should be for a 25-35% APY.
If you’re a dummy like me (and/or poor like me), unless you staked a fairly significant number of BNB, you might not notice anything happening, for two reasons: (1) the initial BNB screen in the wallet only shows the balance out to 3 decimal places; and (2) rewards are added inconspicuously, with no record of their issuance in the wallet other than the incremental balance increase in the “available” BNB.
I’m not saying that necessarily explains what you other folks are experiencing. But monitor your non-staked balance closely for a day or two and see what happens.
Finally, to the Trust Wallet developers and maintainers, to the BNB validators, and to anyone else behind the scenes that I may have offended with my prior posts: I offer my sincerest apologies for jumping to conclusions and assuming the worst before all the facts were in. Another lesson learned.
