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Someone zapped me 100 SATs on this post I got 70 SATs in my @sn wallet. 30% seems to be high fee on ZAPs!!!

Fix...

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You're gonna get a lot of mileage out of this meme.

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Lol you tell him!

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Due to excessive zapsturbation. (people zapping themselves to rank higher in the hot/top lists and in the rewards pool and get more sats).

Personally, I think it is a bit high but it is something they wanted to test. I like 20%.

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I prefer a graduated scheme, where long-running, active accounts can have lower sybil fees and newer, less active accounts have higher fees (after some grace period for newbies).

Honestly, though, I'm pretty content paying a 30% tax to have access to this service right now. There's nothing else like it on the internet as far as I can tell

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You also have to consider that some of the taxes come back in the form of rewards. Look at it like a tax return. Haha.

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Not for everyone. Some people will receive it

When am l getting my sats back?

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53 sats \ 1 reply \ @ek 26 Nov 2024

Let us know if you ever received your sats back

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Will do. Hopefully it is sooner than never.

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Will Send you.

This post my help you to better understand how fees and zaps work.

Understanding Stacker News Fees

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too bad, deal with it

you are clearly not a territory owner

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downzapped because you are a scammer until you paid @Satosora back

see #783734 and #758919

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I think it's fine! They've given us such a great platform! The 30% zap tax is still better than government tax lol

Also, I think 30% tax goes to rewards?

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70% goes to territory founder 30% goes to rewards pool.

100 sats zapped. Receiver of zap gets 70 sats, territory founder gets 21, rewards pool gets 9.

Most of the sats in the rewards pool come from SN daily donation or occasionally boosts.

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Thanks! Finally got to know how it works

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deleted by author

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No it's the sybil fee. Downzaps don't take sats from you they just reduce the trust rank of the post/comment.

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deleted by author

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From the faq:

To make this feature sybil resistant, SN takes 30% of zaps and re-distributes them to territory founders and the SN community as part of the daily rewards.
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deleted by author

Not sure. Just know it from conversations had with ek and k00b

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