Sei

Time factors

Protocol time
Human readable time
Protocol time
Block
0.35 seconds
First reward delay
1 block
0.35 seconds
Reward frequency
Every block
0.35 seconds
Unbonding period
21 days
21 days

Lifecycle

Must know before staking

Minimum stake amount
Partial stake changes
Partial reward withdrawal
Compounding
Penalty
⚠️
Offline
Slashing
  • Redelegation without unstaking. The protocol allows stakers to switch their validators without having to unstake and then stake again. The redelegation function can be used only once every 21 days.

Advanced topics

Rewards

  • Rewards come from newly issued tokens and transaction fees.
    • Tokens released according to a fixed schedule. The protocol issues a fixed number of tokens each year that gets distributed to stakers.
      Start date
      End date
      Tokens released
      2023-08-15
      2024-08-14
      300,000,000
      2024-08-15
      2025-08-14
      225,000,000
      2025-08-15
      2026-08-14
      180,000,000
      2026-08-15
      2027-08-14
      165,000,000
      2027-08-15
      2028-08-14
      135,000,000
      2028-08-15
      2029-08-14
      120,000,000
      2029-08-15
      2030-08-14
      112,500,000
      2030-08-15
      2031-08-14
      112,500,000
      2031-08-15
      2032-08-14
      75,000,000
      2032-08-15
      2033-08-14
      75,000,000
  • Factors that impact realized rewards.
    • Commissions.

Risks

  • Penalty. A validator that fails to be online for 5,400 blocks out of the most recent 108,000 blocks will be considered offline. The offline validator will kicked off the active validator set and will be able to join after 10 minutes have passed.

Validators

Total validator cap
35
Validator requirements
  • Validators cannot set a commission rate lower than 5%.

Resources

Last modified 6mo ago