Moonbeam
Last updated
Last updated
| Protocol time | Human readable time | |
|---|---|---|
Block times are not fixed.
Delegator cap. Only the top 300 delegators of each validator can receive rewards for a round.
Collators. The protocol is a parachain of Polkadot. It relies on Polkadot for network security. It maintains a set of validators called collators, who propose blocks candidates and produce state transition proofs for Polkadot validators.
Transaction fees. 20% of transaction fees are sent to the protocol treasury. The remaining transaction fees are burned.
Reward payout. Reward payout starts from the 2nd block to the 73rd block of a new round. For each block, one validator and its delegators are selected to be paid rewards.
Rewards come from newly issued tokens.
Fixed inflation rate applied to total token supply. The protocol issues 5% of the total token supply on an annual basis. 20% of this gets distributed to validators as commissions. 30% is allocated as a bond reserve to remain a parachain of Polkadot. The remaining 50% gets distributed amongst both validators and delegators according to their stake.
Factors that impact realized rewards.
Validator performance. Validators earn rewards based on total blocks proposed in each round.
The protocol does not have any penalties or slashing.
A validator needs 10,000 GLMR of self-stake to become a validator candidate. The validator also needs 10,000 GLMR of bond to register their account to receive rewards.
Commissions for validators are fixed at 20%. 20% of newly issued tokens are automatically distributed to validators.
Moonbeam documentation: https://docs.moonbeam.network/
Moonbeam explorer: https://moonbeam.subscan.io/
Minimum stake amount
✅
50 GLMR
Partial stake changes
✅
Partial reward withdrawal
✅
Compounding
⚠️
Stakers have the option to automatically add rewards to their staking balance or to withdraw immediately.
Penalty
❌
Slashing
❌
Total validator cap
✅
72
Validator requirements
✅
20,000 GLMR
Protocol time 1
Block
12 seconds
Protocol time 2
Round (= 1,800 blocks)
6 hours
First reward delay
2 rounds
12 hours
Reward frequency
Every round
6 hours
Unbonding period
28 rounds
7 days