solana/stake-o-matic/README.md

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2020-05-20 16:15:03 -07:00
## Effortlessly Manage Cluster Stakes
The testnet and mainnet-beta clusters currently have a large population of
validators that need to be staked by a central authority.
## Staking Criteria
1. All non-delinquent validators receive 5,000 SOL stake
1. Additionally, non-deliquent validators that have produced a block in 75% of
their slots in the previous epoch receive bonus stake of 50,000 SOL
A validator that is delinquent for more than 24 hours will have all stake
removed. However stake-o-matic has no memory, so if the same validator resolves
their delinquency then they will be re-staked again
## Validator Whitelist
To be eligible for staking, a validator's identity pubkey must be added to a
YAML whitelist file.
## Stake Account Management
Stake-o-matic will split the individual validator stake accounts from a master
stake account, and must be given the authorized staker keypair for the master
stake account.