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When should I restake my Algorand to maximize my Algo earned?

General
illgrowgrand
illgrowgrandAnmol Mehta

I use Exodus wallet to stake my Algo. When should I restake my Algorand to maximize my returns? I read somewhere that when the value that is gained from staking is double the restaking fee is the best time to restake my Algo. Is this true?

✔ Solved by fabrice in post #2
fabrice
fabriceFabrice Benhamouda

I guess that by “restake” you mean sending a zero-Algo transaction to compound participation rewards.

See [topic not in archive] for details about how rewards work on Algorand.

✔ Solution
fabrice
fabriceFabrice Benhamouda

Note that participation rewards are now discontinued.