diff --git a/.gitbook/resources/validator-faq.md b/.gitbook/resources/validator-faq.md index 6bd5eb33..e04492ab 100644 --- a/.gitbook/resources/validator-faq.md +++ b/.gitbook/resources/validator-faq.md @@ -215,11 +215,14 @@ This mechanism aims to incentivize non-empty block proposals, better networking Let's take a concrete example to illustrate the aforementioned concept. In this example, there are 10 validators with equal stake. Each of them applies a 10% commission rate and has 20% of self-delegated MEDs. -Now comes a successful block that collects a total of `1005 MEDs` in fees. +Now comes a successful block that collects a total of 1025.51020408 MED in fees. -First, a community tax is applied, but it is `0%` on the Panacea for now. +First, a 2% tax is applied. The corresponding MED go to the reserved community pool. +The community pool's funds can be allocated through governance. -So, the full of `1005 MEDs` are distributed to validators and delegators. +- `2% * 1025.51020408` = 20.51020408 MED go to the community pool + +1005 MED now remain to be distributed to validators and delegators. Let's assume that the proposer included 100% of the signatures in its block. It thus obtains the full bonus of 5%. We have to solve this simple equation to find the reward `R` for each validator: @@ -230,16 +233,16 @@ R = 1005/10.05 = 100 ``` - For the proposer validator: - - The pool obtains `R + R * 5%`: 105 MEDs - - Commission: `105 * 80% * 10%` = 8.4 MEDs - - Validator's reward: `105 * 20% + Commission` = 29.4 MEDs - - Delegators' rewards: `105 * 80% - Commission` = 75.6 MEDs (each delegator will be able to claim its portion of these rewards in proportion to their stake) - + - The pool obtains `R + R * 5%`: 105 MED + - Commission: `105 * 80% * 10%` = 8.4 MED + - Validator's reward: `105 * 20% + Commission` = 29.4 MED + - Delegators' rewards: `105 * 80% - Commission` = 75.6 MED (each delegator will be able to claim its portion of these rewards in proportion to their stake) + - For each non-proposer validator: - - The pool obtains `R`: 100 MEDs - - Commission: `100 * 80% * 10%` = 8 MEDs - - Validator's reward: `100 * 20% + Commission` = 28 MEDs - - Delegators' rewards: `100 * 80% - Commission` = 72 MEDs (each delegator will be able to claim their portion of these rewards in proportion to their stake) + - The pool obtains `R`: 100 MED + - Commission: `100 * 80% * 10%` = 8 MED + - Validator's reward: `100 * 20% + Commission` = 28 MED + - Delegators' rewards: `100 * 80% - Commission` = 72 MED (each delegator will be able to claim their portion of these rewards in proportion to their stake) ### What are the slashing conditions?