Rewards
Claiming rewards
The respective method for checking a User’s rewards are under the ChainState tab
Navigate to the tab
Developer
>Chainstate
Query
parachainStaking
and select therewards()
action
Conversely to Chainstate operations, Extrinsics only report Success or failure at the top right of the screen:
Collator rewards can be claimed by:
Navigating to
Developer
>Extrinsics
tabQuery
parachainStaking
and select theincrementCollatorRewards()
actionQuery
parachainStaking
and select theclaimRewards()
action
Delegator rewards can be claimed by:
Navigating to extrinsics tab
Query
parachainStaking
and select theincrementDelegatorRewards()
actionQuery
parachainStaking
and select theclaimRewards()
action
Rewards Model
The Reward Rate is the constant rate at which staked tokens accrue rewards per individual block
The rewards rate for collators and delegators changes over time for both Parachains:
Max Staking Rate refers to the percentage of tokens of the total issuance
(of the latest block) until the reward rate begins to decay.
The Decay rate is the velocity at which the reward rate for collators decreases annually, Collator's rewards decay every year by 6.17% (6.45% on Amplitude),
In contrast, Delegator's rewards are reduced to 8%-7%-0% in the first two years (9%,8% and 0% for amplitude)
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