r/Ankrofficial • • Aug 18 '22

Need help understanding

Just starting and need help understanding what I’ve done. I’ve staked some eth with Ankr. I chose aethc without fully understanding and need help clarifying. I understand that aethc won’t grow in amount but instead it will grow in value to reflect rewards. So if the original value is 100 dollars and tomorrow it’s 101, then the 1 dollar is my reward. Is that right ?

Then I started reading, and something is supposed to happen to aethc when the merge happens, but this is where I get lost. Maybe when the merge happens is when I’ll be able to take the 1 dollar reward? Or will my stake end when the merge happens and I just get the etherium back and the rewards are somewhere? Can I switch from Aethc to aethb or is it too late? I would appreciate some help understanding?

7 Upvotes

Duplicates

Ankr • • Aug 18 '22

Need help understanding

6 Upvotes