From a765581735c382820fd4e6e44c260423536e8f6e Mon Sep 17 00:00:00 2001 From: Phuc Thai Date: Wed, 27 Nov 2024 17:15:35 +0700 Subject: [PATCH] Fix: update validator responsibilities and rewards Signed-off-by: Phuc Thai --- .../onboarding/become-validator.mdx | 22 +++++++++---------- 1 file changed, 11 insertions(+), 11 deletions(-) diff --git a/docs/validators/onboarding/become-validator.mdx b/docs/validators/onboarding/become-validator.mdx index fadcdfe..044c421 100644 --- a/docs/validators/onboarding/become-validator.mdx +++ b/docs/validators/onboarding/become-validator.mdx @@ -17,22 +17,22 @@ After following the steps in this guide, you'll become a Validator Candidate and have a chance to be selected as a Standard Validator on the next day. -### Validator roles +### Validator responsibilities and rewards + +Ronin Validators share the critical responsibility of ensuring the integrity of all onchain transactions. That means they produce blocks and vote for finality. Ronin has allocated a total of [180M RON](./../../basics/rewards.md) over 8 years to reward Validators for these contributions, and Validators also receive a percentage of Ronin transaction fees. + +The rewards are divided into two parts: 85% for finality voting and 15% for block production. All validators vote for finality, but only 22 validators are selected produce blocks in a given epoch. +These 22 validators include 12 Governing Validators, elected by the community to ensure network security, and 10 Rotating Validators selected randomly. The probability of being chosen as a Rotating Validator is proportional to the amount of stake held by each validator + +After receiving rewards, validators then re-distribute a small percentage to Delegators according to a commission rate, which can range from 5% to 20%. + -There are three validator roles: -* **Validator Candidate:** the role you get after following the steps -in this guide. Validator Candidates are eligible to be selected as Standard Validators the next day. -* **Standard Validator:** all validators participate in the finality voting. -10 Rotating Validators are randomly selected every 10 minutes based on their staked amount to produce blocks. -* **Governing Validator:** the validators chosen by the community and -Sky Mavis to ensure network security. Governing Validators are -validators by default, and they account for more than half of the -total validator set, who actively produce blocks. ## Prerequisites -Have at least 250,000 RON for the initial stake in your Ronin Wallet. For information on how to buy RON, see [Acquire RON](./../../basics/acquire-ron.mdx). +Have at least 250,000 RON for the initial stake in your Ronin address. For information on how to buy RON, see [Acquire RON](./../../basics/acquire-ron.mdx). +**Note: An address applying to become a validator must not have participated in staking previously, either as a validator or a delegator.** ## Steps