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Rewards

Claiming rewards

The respective method for checking a User’s rewards are under the ChainState tab
  1. 1.
    Navigate to the tab Developer > Chainstate
  2. 2.
    Query parachainStaking and select the rewards()action
Conversely to Chainstate operations, Extrinsics only report Success or failure at the top right of the screen:
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Collator rewards can be claimed by:
  1. 1.
    Navigating to Developer > Extrinsics tab
  2. 2.
    Query parachainStaking and select the incrementCollatorRewards() action
  3. 3.
    Query parachainStaking and select the claimRewards() action
Delegator rewards can be claimed by:
  1. 1.
    Navigating to extrinsics tab
  2. 2.
    Query parachainStaking and select the incrementDelegatorRewards() action
  3. 3.
    Query parachainStaking and select the claimRewards() action
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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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Pendulum
Amplitude
Actor
Max Staking Rate
Reward
Decay Rate
Collator
10%
11%
6.17% (of current reward)
Delegator
30%
8%
N/A
Actor
Max Staking Rate
Reward
Decay Rate
Collator
10%
11%
6.45% (Of current reward)
Delegator
40%
9%
N/A
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Delegation
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Further Operations on Delegators
Last modified 1mo ago