# Why do we charge a fee?

To cover our running costs for cloud hosting fees and for our time to keep everything up & running smoothly, we currently charge a fee of 0.75% . This fee is drawn down from any staking rewards you earn whilst staking with us and works the same for all other validators. For more details, please refer to the [Radix Staking and Incentive Rewards Guide](https://www.radixdlt.com/post/radix-staking-and-incentive-rewards-guide)

## Fee Change Process

Like any other validator we can change the fee % at any time. If we plan to increase the percentage, we would give you advance notification via our twitter account, the discord channel and via your Wallet by sending a transaction with a message attached to give you an opportunity to unstake and restake with another validator of your choice.

It's not something we plan to change any time soon, as it has a huge impact to our stakers to unstake. This is due to the unstake process taking about 2 weeks currently and during this time you accrue no rewards. So please do factor this in when choosing an appropriate validator

## Historical Fee Schedule

The table below outlines the schedule of historical fees set by Logical Moon

| Date       | Fee Percentage |
| ---------- | -------------- |
| 17/02/2022 | 0.75%          |
| 18/09/2021 | 1.75%          |