Claim
Reward Payout
Claim
Rewards need to be actively claimed by the delegator in order for them to be sent to the delegator's address. Action required by the delegator. Please not that claiming your rewards incurs a transaction fee. We suggest to claim your rewards ~ once per month.
In NPoS networks (e.g. Polkadot, Kusama, Edgeware), any nominator can trigger a payout transaction for all pending rewards for every nominator of the same validator.
Alternatives in
Reward Payout
Reward Payout
The way rewards are paid out to delegators differs for each project.
We identified four different subcategories to cluster different mechanisms: 'Auto'; 'Manual'; 'Claim'; and 'Rebase'.
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Protocol Mechanics
For better classification, differentiation and comparability of different Blockchain networks, we identified different Protocol Mechanics.
Staking Mechanics
Staking Mechanics refer to the token economics, which is a new branch of the economy that explains the structure of a particular ecosystem in the blockchain sphere. It describes the study, design, and implementation of economic systems built on blockchain technology. Each platform and blockchain application is developed under its own token-economics model.
Proof-of-Stake blockchains not only differ in terms of their 'Protocol Mechanics', but also in terms of certain staking-related parameters, e.g. their reward or inflation rate as well as certain actions that are required by delegators.
