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* fix: ignore unknown fields in more RPC responses * Remove mdbook infrastructure * Delete gitattributes and other theme related items Move all docs to /docs folder to support Docusaurus * all docs need to be moved to /docs * can be changed in the future Add Docusaurus infrastructure * initialize docusaurus repo Remove trailing whitespace, add support for eslint Change Docusaurus configuration to support `src` * No need to rename the folder! Change a setting and we're all good to go. * Fixing rebase items * Remove unneccessary markdown file, fix type * Some fonts are hard to read. Others, not so much. Rubik, you've been sidelined. Roboto, into the limelight! * As much as we all love tutorials, I think we all can navigate around a markdown file. Say goodbye, `mdx.md`. * Setup deployment infrastructure * Move docs job from buildkite to travic * Fix travis config * Add vercel token to travis config * Only deploy docs after merge * Docker rust env * Revert "Docker rust env" This reverts commit f84bc208e807aab1c0d97c7588bbfada1fedfa7c. * Build CLI usage from docker * Pacify shellcheck * Run job on PR and new commits for publication * Update README * Fix svg image building * shellcheck Co-authored-by: Michael Vines <mvines@gmail.com> Co-authored-by: Ryan Shea <rmshea@users.noreply.github.com> Co-authored-by: publish-docs.sh <maintainers@solana.com> |
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| README.md | ||
| ed_vce_state_validation_protocol_based_rewards.md | ||
| ed_vce_state_validation_transaction_fees.md | ||
| ed_vce_validation_stake_delegation.md | ||
README.md
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| Validation-client Economics |
Subject to change.
Validator-clients are eligible to receive protocol-based i.e. inflation-based rewards issued via stake-based annual interest rates calculated per epoch by providing compute CPU+GPU resources to validate and vote on a given PoH state. These protocol-based rewards are determined through an algorithmic disinflationary schedule as a function of total amount of circulating tokens. The network is expected to launch with an annual inflation rate around 15%, set to decrease by 15% per year until a long-term stable rate of 1-2% is reached. These issuances are to be split and distributed to participating validators, with around 90% of the issued tokens allocated for validator rewards. Because the network will be distributing a fixed amount of inflation rewards across the stake-weighted validator set, any individual validator's interest rate will be a function of the amount of staked SOL in relation to the circulating SOL.
Additionally, validator clients may earn revenue through fees via state-validation transactions. For clarity, we separately describe the design and motivation of these revenue distributions for validation-clients below: state-validation protocol-based rewards and state-validation transaction fees and rent.