Here is my attempt to explain what I believe in the example I made up. I realize the numbers are bizarre but in my mind it makes it easy to follow. L
I understand that the process is based on the pool Keeping 2% of the rewards. I then get a % of the balance, based on my percentage in the pool if it has been in the pool 5 days. In my example Ithe size of the pool remains the same. Nobody adds or takes away. This happens:
I delegate 100,000 to pool Zorro.
In 5 days if I get 10,000 Ada, I have 110,000 Ada.
In another 5 days, my % is still based on my having 100,000 despite my owning 110,000. I may get get another 10,000 Ada I have 120, 000 now.
In another 5 days the amount of The Ada I have is the pool is counted as 110,000 000 Ada and my reward is based off that. Maybe I now get 10, 020
I have 130,200. My reward is calculated on 120,020 in the pool.
The next reward in 5 days is based on my having 130,200 and so on.
I also understand I may not get my reward every 5 days. I may earn it every 5 day’s, but I may get the reward at day 15 (for 15 days). Then, my owning a will rise in the pool. It’s like waiting for dividends. I know I expect to earn x% on an annual basis but I have no idea of the exact % and I never know when my rewards will be credited toward my account.
I tried to explain what’s my understanding , thanks to you. I’m not sure it is understandable.
Bottom line: I delegate and simply wait. The rewards ARE counted, simply not In the next cycle , only in the second cycle after that. So I simply sit and wait!!!
If however, I enter the pool to start with 2 days before they get their epoch reward I will not get 10,000 as I have only been in the pool with only 40% of the time, so I won’t earn 10,000 as I will get 40% of my normal reward since in was there only 40% of the epoch time.