I have a concern, I had 114.99 Algo on my trust wallet. It was mentioned as follows: Available: 114.99. Staked: 114.99. After the price drop in the red zone, I noticed the drop of my Algo stock, my balance became 114,900. While the other crypto remain unchanged if the price is in red zone and it d…

I specify that I had not invested my Algorand on a platform. I only stored it on Trust wallet. Thank you

The Algo balance of a non-custodial account only changes after: receiving or sending a transaction receiving participation rewards In your case, a decrease of your Algo balance can only be explained by you sending a transaction. You can see all the transactions from your address on any block expl…

I haven’t received or sent anything. I didn’t get anything as a reward too. Only yesterday I stored my Algo and it was 114.99 and today it becomes 114.900 without any operation.

Can you confirm the balance on a block explorer, i.e., search for your address on https://algoexplorer.io/ or https://goalseeker.purestake.io/algorand/mainnet ? If the balance is incorrect there or if you don’t recognize some transactions, your secret key might have been compromised. You may also wa…

@fabrice I’ve checked the balance again now, it’s up from 114,900 to 114,905.

It is normal that the balance increases, as you automatically receive “participation rewards”. See https://algorand.foundation/faq#participation-rewards- A decrease in the balance can only happen if you make a transaction. Please check the balance on a block explorer to confirm everything is normal…

@fabrice During the purchase the supplier directed me to algoexplorer.io for confirmation before I received the transaction.

That’s independent, please look at algoexplorer.io with your Trust wallet address now by yourself. I.e., get your Trust wallet address following https://community.trustwallet.com/t/how-to-find-my-receiving-address/2006 (but for Algos). Then enter this address in the search bar of algoexplorer.io .

@fabrice As you told me to put my Algo address from trust wallet in the search bar on algoexplorer.io I will do it to see the result first. Thanks

How staking works on blockchains that support Algo?

General

KASA September 3, 2020, 2:24pm 10

@fabrice However show me how to confirm the transaction on algoexplorer.io to redo what you ask me.

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How staking works on blockchains that support Algo?

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