Oasis

Time factors

Protocol timeHuman readable time

Protocol time 1

Block

6 seconds

Protocol time 2

Epoch (= 600 blocks)

1 hour

First reward delay

1 epoch

1 hour

Reward frequency

Every epoch

1 hour

Unbonding period

336 epochs

14 days

  • Block times are not fixed.

Lifecycle

Must know before staking

Minimum stake amount

βœ…

100 ROSE

Partial stake changes

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Partial reward withdrawal

βœ…

Compounding

βœ…

Penalty

❌

Slashing

βœ…

Equivocation - 100 ROSE

Advanced topics

Rewards

  • Rewards come from newly issued tokens.

    • Predefined issuance schedule. The protocol follows a predefined issuance schedule that follows a step function that reaches 0 issuance by the end of 2024.

  • Factors that impact realized rewards.

    • Validator performance. The ratio of successfully signed blocks is used to calculate the final rewards distributed to each validator and their delegators.

    • Commissions.

Risks

  • Slashing. If a validator signs on two blocks at the same height, the validator’s stake will be deducted by 100 ROSE. The validator will also be kicked out of the active validator set. All delegators will also have their own stake deducted by 100 ROSE.

Validators

Total validator cap

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120

Validator requirements

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100 ROSE

Resources

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