diff --git a/common/cosmwasm-smart-contracts/contracts-common/src/types.rs b/common/cosmwasm-smart-contracts/contracts-common/src/types.rs
index 4dca6b173b..46a6b174c6 100644
--- a/common/cosmwasm-smart-contracts/contracts-common/src/types.rs
+++ b/common/cosmwasm-smart-contracts/contracts-common/src/types.rs
@@ -71,6 +71,16 @@ impl Percent {
         // we know the cast from u128 to u8 is a safe one since the internal value must be within 0 - 1 range
         truncate_decimal(hundred * self.0).u128() as u8
     }
+
+    pub fn pow(&self, exp: u32) -> Self {
+        match self.0.checked_pow(exp) {
+            Ok(res) => Percent(res),
+            Err(overflow) => {
+                // since the percent is meant to always be strictly less than 1, this should NEVER hapen
+                panic!("the percent invariant has been broken. the exponentiation result has overflown: {overflow}");
+            }
+        }
+    }
 }
 
 impl Display for Percent {
diff --git a/nym-api/src/epoch_operations/rewarded_set_assignment.rs b/nym-api/src/epoch_operations/rewarded_set_assignment.rs
index 12bc33eaae..aa382f5414 100644
--- a/nym-api/src/epoch_operations/rewarded_set_assignment.rs
+++ b/nym-api/src/epoch_operations/rewarded_set_assignment.rs
@@ -24,7 +24,7 @@ struct MixnodeWithStakeAndPerformance {
 
 impl MixnodeWithStakeAndPerformance {
     fn to_selection_weight(&self) -> f64 {
-        let scaled_stake = self.total_stake * self.performance;
+        let scaled_stake = self.total_stake * self.performance.pow(20);
         stake_to_f64(scaled_stake)
     }
 }