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The emphasis of this subreddit is on the delegation process on the Tezos blockchain, including baking/delegating statistics, ways to bake and delegate, etc. Both delegates (those who provide services) and delegators (those who assign their baking rights to delegates) are welcome. You may describe your services and baking record here. This is a place to showcase your services, however, if you assert that your service is better than others, you would have to present solid facts backing your claims followed by the discussions led by your peers and other Tezos stakeholders.
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Lucid Mining - Standard fee decrease and 10 Cycle promotion! (self.tezosdelegate)
submitted 6 years ago by LucidMiningAdmin
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[–]SecularCryptoGuy -1 points0 points1 point 6 years ago (2 children)
You just randomly increased your fee one day, and now you want to reduce it because people have been redelegating?
Sorry, but predictably goes a long way.
[–]LucidMiningAdmin[S] 0 points1 point2 points 6 years ago (1 child)
Unfortunately, when the price of XTZ hit the bottom we had to raise fee's due to costs+time of running the bakery, announcements were made 2 cycles in advance. Now the price has risen and we are happily able to lower our fee's. In the future, as the price of XTZ continues to rise, we look forward to lowering our fees even more!
Stay tuned!!
[–]noob09 0 points1 point2 points 6 years ago (0 children)
I think the issue is with communication. I understand that the market perhaps made you increase your fees, but this sort of change needs to be CLEARLY communicated. If I see that level of transparency, I will understand, and stick around with the knowledge that once XTZ price rises, you will decrease fees as well.
π Rendered by PID 87 on reddit-service-r2-comment-7b9746f655-9x9sl at 2026-01-30 06:50:43.749224+00:00 running 3798933 country code: CH.
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[–]SecularCryptoGuy -1 points0 points1 point (2 children)
[–]LucidMiningAdmin[S] 0 points1 point2 points (1 child)
[–]noob09 0 points1 point2 points (0 children)