How does Nova Wallet get to 8.78% APY for Polkadot staking when both my calculations and @Leemo show the actual yield is below 3%?
Am I staking the wrong DOT, or is the advertised APY just a work of fiction?
I’d appreciate an explanation of how that 8.78% is calculated.
See here:
Looks like you have everything under control. 
Do you know how to create a referendum to chill/remove bad actors from the active validator set? It seems that W3F or Parity are not willing to take action on this.
I imagine it’s something like this, but I haven’t really checked.
Fill this with a list of validators, where the “signed” bit is the validator accounts.
Then do this:
Then, probably this with the preimage hash:
Probably requires Root, might work on staking admin, but not sure.
I’d imagine you can ask some AI coding tool or something 
Thanks. However, my understanding is that simply chilling a validator isn’t a permanent solution.
If a validator still has enough backing (self-stake + nominations), then chilling them only removes them temporarily, they can simply become active again once they choose to resume validating.
As far as I understand, the only way to prevent this permanently would be through a runtime change that allows governance to remove or restrict their backing. It also makes me wonder why W3F and Parity don’t seem interested in helping remove validators with a documented history of abusive behavior from the active set.
Is my understanding correct?
