Who can harvest?
Anyone who owns an account with more than 10k XYM and with an importance score > zero.
How can I start harvesting if I do not run a node?
How to start harvesting if I run a node?
You may set up remote harvesting.
How much will I get each time I harvest a block?
Each new block will have new XYM added to block and transaction fees from users as reward to the harvester. The harvester will receive 75% of the total after deducting 5% network fee. Refer here for more details.
How do I claim the harvested XYM?
It will be automatically added to the main account.
How long does it take for delegated harvesting to be activated?
It shall be within minutes if the node you selected has a slot for delegated harvesting.
I want to set up delegated harvesting but I am not sure if I will do it correctly.
Set up an account in the testnet and get testXYM from faucet (the link is on the upper right-hand side after you login to your testnet account) and practice with it first. You can practice any transaction with testXYM in testnet before doing it at the mainnet with real XYM.
I am trying to harvest on a node. Why does Status remain ACTIVATION IN PROGRESS for over 30 minutes?
The node you selected may run out of slot for delegated harvesting. Please try selecting another node.
I had my account showing delegated harvesting is activated yesterday after waiting for my importance score to be greater than 0%. Today, it has gone to Activation in progress again. What happened?
If someone selected the node you delegated to, and the node has no more free slot for delegated harvesting, plus your account has the lowest importance score amongst all, your account will be kicked out. It is advisable to only start delegating the harvesting once your account has an importance score > zero.
What's a better way to harvest?
You can run a peer/dual node and remote harvest from your own node. At the same time, you will earn a beneficiary fee from accounts delegated to your node.
Is delegated harvesting dangerous?
No. You delegate your importance score to the node through a remote account. Your main account is safe and your harvested XYM will go to your main account. Refer here for more details.
How can I find out if a node has a free slot for delegated harvesting?
You can check the number of accounts delegated on a node here. The default number of delegated slots is 10, however, the node owner can decrease or increase it. At this moment, you will not be able to know which node has a free slot. (Please watch our channels for updates.)
Any reason Symbol wallet doesn't show all API nodes in harvesting selection?
Only Peer/Dual nodes are responsible for the harvesting process.
How to get my account's importance score up?
There are 3 factors: the stake amount, the transaction fees paid, nominated as the beneficiary account. Run your own node and name your account as the beneficiary helps.
How can a node accept the delegator’s account as a harvester?
Node accepts automatically based on the preference set during node setup.
Would the XYM I harvested be compounded to my capital?
Harvested XYM will help in improving your importance score and a higher importance score will have a higher chance of harvesting. It is not an interest-taking mechanism, so it has no compounded effect. However, it does gives a similar effect.
What's the difference between harvesting in NIS1 and Symbol?
To harvest NIS1, you need to have 10k vested XEM and > zero importance score. Average every 24 hours, 10% of your balance of unvested XEM will be vested. Vested XEM doesn't mean they are locked funds, they still can be moved. Every time you send funds out of the account, it will be partially unvested XEM and partially vested XEM.
To harvest in Symbol, you need 10k XYM and >zero importance score.