From d94db247c9630a9023d166d3c8e97de8bbbd18c6 Mon Sep 17 00:00:00 2001 From: James Bayly Date: Wed, 10 Apr 2024 10:17:04 +1200 Subject: [PATCH] Add notes about delegation capacity --- docs/subquery_network/delegators/rewards.md | 2 ++ .../node_operators/rewards.md | 2 +- docs/subquery_network/node_operators/stake.md | 2 +- docs/subquery_network/parameters.md | 23 ++++++++++--------- 4 files changed, 16 insertions(+), 13 deletions(-) diff --git a/docs/subquery_network/delegators/rewards.md b/docs/subquery_network/delegators/rewards.md index ffde55014f7..830297608c0 100644 --- a/docs/subquery_network/delegators/rewards.md +++ b/docs/subquery_network/delegators/rewards.md @@ -28,6 +28,8 @@ For example, Node Operator A has set an NOCR of 30% and has received SQT from 8 Note that Delegators must have delegated their tokens for the entire [Era](../introduction/era.md) to be eligible for these rewards (note [Non-reward period](#non-reward-period)). +Node Operators also have a maximum delegation capacity based on the size of the Node Operator's own stake, this ensures the Node Operator has sufficient skin in the game. The current multiple for delegation capacity can be found on our [network parameters](../parameters.md) page. + For Data Indexers, we've made it easier for you to see other data about all Data Indexers in our app. Navigate to `Delegator` > `Indexers` and view the [leaderboard](https://app.subquery.network/delegator/node_operators/indexers/top) which shows various scores and details that we think are important to you when deciding what Data Indexer to choose. The Data Indexers Score takes into account an Data Indexer’s uptime, slashing events, and other parameters. ## Non-reward period diff --git a/docs/subquery_network/node_operators/rewards.md b/docs/subquery_network/node_operators/rewards.md index 5a68759de3c..325397883e5 100644 --- a/docs/subquery_network/node_operators/rewards.md +++ b/docs/subquery_network/node_operators/rewards.md @@ -21,7 +21,7 @@ In order to register and become a Node Operator, a minimum amount of SQT (curren Delegators are SQT token holders who delegate their tokens to Node Operators for a fair share of their rewards. -Although reputation, service quality and total self stake are all important factors in a Delegator's decision process, eventually it all relates to ROI. Node Operators should be alert to Consumer demand, the rewards are usually larger when there is less competition from other Node Operators. Node Operators should also set their commission rate appropriately to raise the ROI of their Delegators. +Although reputation, service quality and total own stake are all important factors in a Delegator's decision process, eventually it all relates to ROI. Node Operators should be alert to Consumer demand, the rewards are usually larger when there is less competition from other Node Operators. Node Operators should also set their commission rate appropriately to raise the ROI of their Delegators. You can read more about how Delegators may pick Node Operators [here](../delegators/rewards.md#how-to-select-what-indexers-to-delegate-to) diff --git a/docs/subquery_network/node_operators/stake.md b/docs/subquery_network/node_operators/stake.md index 39e3bab257c..be18988911d 100644 --- a/docs/subquery_network/node_operators/stake.md +++ b/docs/subquery_network/node_operators/stake.md @@ -64,7 +64,7 @@ You can use the estimate of the Own Stake and Total Delegated for the next Era o There are multiple reasons why Node Operators should consider staking more SQT or attracting more Delegation. - All Node Operators must stake a minimum amount of SQT to become a Node Operator, the current setting can be found in [network parameters](../parameters.md) -- There is a maximum allowed delegation amount based on the size of the Node Operator's self stake, this ensures the Node Operator has sufficient skin in the game. Increasing self stake can mean delegators are able to delegate more to you. +- There is a maximum allowed delegation capacity based on the size of the Node Operator's own stake, this ensures the Node Operator has sufficient skin in the game. Increasing own stake can mean delegators are able to delegate more to you. The current multiple for delegation capacity can be found on our [network parameters](../parameters.md) page. - More total stake means more SQT to allocate on different deployments the Node Operator runs and more Network Inflation Rewards to earn. - It provides an advantage over other Node Operators when payment method is flex plan (PAYG) due to the way the [Cobb-Douglas function](../introduction/reward-distribution.md#cobb-douglas-production-function) works. diff --git a/docs/subquery_network/parameters.md b/docs/subquery_network/parameters.md index eb20bf0f45d..9fddd32a561 100644 --- a/docs/subquery_network/parameters.md +++ b/docs/subquery_network/parameters.md @@ -2,14 +2,15 @@ The SubQuery technical council is constantly adjusting various parameters of the SubQuery Network to optimise for APR and sustainability, while ensuring prices are competitive compared to centralised alternatives. This page lists all the current network parameters and is kept up to date. -| Parameter | Value | Description | -| -------------------------------- | ----------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -| Era Length | 7 days | See [Era](./introduction/era.md) | -| Minimum Node Operator Stake | 200,000 SQT | All Node Operators must stake a minimum amount of SQT to become a Node Operator. See [Node Operator Stake](./node_operators/stake.md). | -| Network Inflation Rate | 1.2% | New tokens minted and allocated to [network inflation rewards](./introduction/reward-distribution.md#network-inflation-rewards), or distributed to the SubQuery treasury. | -| Network Inflation Rewards Rate | 1% | The majority of network inflation acts as [network inflation rewards](./introduction/reward-distribution.md#network-inflation-rewards), while the remainder (0.2%) goes to the SubQuery Tresury | -| Staking/Delegation Unlock Period | 14 days | How long SQT is locked when it is unstaked or undelegated. Note that you can skip this period if you instead redelegate. | -| Staking/Delegation Unlock Fee | 0.1% | The network fee to unstake or undelegate your SQT | -| Dispute Deposit | 10,000 SQT | The minimum amount to open up a network dispute. | -| Offer Cancellation Penalty Rate | 10% | When a consumer cancels an unexpired purchase offer, this penalty is taken from the offer and sent to the SubQuery treasury. | -| Minimum Deployment Booster | 1,000 SQT | The minimum boost amount that must be boosted against a project deployment in order for the project deployment to start receiving booster rewards. | +| Parameter | Value | Description | +| -------------------------------- | ----------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | +| Era Length | 7 days | See [Era](./introduction/era.md) | +| Minimum Node Operator Stake | 200,000 SQT | All Node Operators must stake a minimum amount of SQT to become a Node Operator. See [Node Operator Stake](./node_operators/stake.md). | +| Delegation Capacity | 12x | There is a maximum allowed delegation amount based on the size of the Node Operator's own stake, this ensures the Node Operator has sufficient skin in the game. Increasing own stake can mean delegators are able to delegate more to you. 12x means that the total stake (delegation + own stake) can be up to 12x the Node Operators own stake. | +| Network Inflation Rate | 1.2% | New tokens minted and allocated to [network inflation rewards](./introduction/reward-distribution.md#network-inflation-rewards), or distributed to the SubQuery treasury. | +| Network Inflation Rewards Rate | 1% | The majority of network inflation acts as [network inflation rewards](./introduction/reward-distribution.md#network-inflation-rewards), while the remainder (0.2%) goes to the SubQuery Tresury | +| Staking/Delegation Unlock Period | 14 days | How long SQT is locked when it is unstaked or undelegated. Note that you can skip this period if you instead redelegate. | +| Staking/Delegation Unlock Fee | 0.1% | The network fee to unstake or undelegate your SQT | +| Dispute Deposit | 10,000 SQT | The minimum amount to open up a network dispute. | +| Offer Cancellation Penalty Rate | 10% | When a consumer cancels an unexpired purchase offer, this penalty is taken from the offer and sent to the SubQuery treasury. | +| Minimum Deployment Booster | 1,000 SQT | The minimum boost amount that must be boosted against a project deployment in order for the project deployment to start receiving booster rewards. |