8.88% dynamic fee
Payouts occur each cycle after staking rewards are unfrozen. First payout happens typically 12 cycles after delegation.
The minimum payout is 0.1 XTZ. Staking rewards below the minimum payout will accrue until reaching the minimum payout threshold.
If a burn fee of 0.257 XTZ is required to make a payment to a zero-balance delegate account, payment will be reduced by the burn fee. If the accrued staking rewards of a zero-balance delegate are less than the burn fee plus the minimum payment of 0.1 XTZ, no payment will be made until accrued staking rewards reach that minimum threshold.
Delegations of less than 100 XTZ are ignored when calculating staking rewards distribution and will receive no payouts.
Overdelegation reduces staking rewards for every eligible address (see delegation minimum above). All eligible addresses will share dynamic staking rewards. If overdelegation reduces staking rewards to an unsatisfactory level, switching delegation is advised.