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fix: update guide parameters #1948

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Merged
merged 7 commits into from
Sep 20, 2024
Merged

fix: update guide parameters #1948

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79ae1f5
fix: update guide parameters
guibescos Sep 20, 2024
272e4a3
other params
guibescos Sep 20, 2024
840b30a
consistency
guibescos Sep 20, 2024
4d5957f
update
guibescos Sep 20, 2024
45f9b8e
go
guibescos Sep 20, 2024
636c26a
fix typo
guibescos Sep 20, 2024
370adb1
moar
guibescos Sep 20, 2024
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8 changes: 5 additions & 3 deletions apps/staking/src/components/GeneralFaq/index.tsx
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Original file line number Diff line number Diff line change
Expand Up @@ -105,7 +105,7 @@ export const GeneralFaq = (
{
question: "Does participating in OIS affect my participation in PG?",
answer:
"No. The two programs are separate. Staking in OIS does not affect your participation in PG. For example, staking in OIs does not increase your voting power in PG. Staking to a publisher’s stake pool does not give that publisher additional voting power in PG.",
"No. The two programs are separate. Staking in OIS does not affect your participation in PG. For example, staking in OIS does not increase your voting power in PG. Staking to a publisher’s stake pool does not give that publisher additional voting power in PG.",
},
{
question: "Does slashing reduce voting weights?",
Expand Down Expand Up @@ -171,8 +171,10 @@ export const GeneralFaq = (
<p>
The Cooldown Period has two phases: from the time you click{" "}
<strong>Unstake</strong> until the end of the current epoch,
followed by a full epoch. Tokens in the first phase are subject
to rewards and slashing. Tokens in the second phase are not.
followed by a full epoch. Tokens in the first phase are eligible
for rewards. Tokens in both phases are subject to slashing if an
issue is identified in an epoch in which they were eligible for
rewards.
</p>
</>
),
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4 changes: 2 additions & 2 deletions apps/staking/src/components/GovernanceGuide/index.tsx
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Expand Up @@ -351,15 +351,15 @@ export const GovernanceGuide = (
<Link
className="underline"
target="_blank"
href="https://forum.pyth.network/t/about-the-pyth-dao/14"
href="https://ipfs.io/ipfs/QmP2GmL1n2WbHd7AtHqyXVWFyyHH36aZLfVZbNoqhommJi"
>
Pyth DAO LLC Operating Agreement
</Link>{" "}
and applicable laws. Learn more about PIPs in the{" "}
<Link
className="underline"
target="_blank"
href="https://forum.pyth.network/t/about-the-pyth-dao/14"
href="https://github.com/pyth-network/governance/blob/main/docs/constitution/pyth-dao-constitution.md"
>
Pyth DAO Constitution
</Link>
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67 changes: 36 additions & 31 deletions apps/staking/src/components/OracleIntegrityStakingGuide/index.tsx
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Original file line number Diff line number Diff line change
Expand Up @@ -126,6 +126,11 @@ export const OracleIntegrityStakingGuide = (
faq: {
title: "Adding Tokens FAQ",
questions: [
{
question: "Why do I need to add my tokens?",
answer:
"Adding tokens to the Pyth Staking Dashboard transfers them to your SPL wallet’s staking account. Your tokens will remain under your control on-chain through the Pyth Staking Dashboard.",
},
{
question: "Where are my added tokens stored?",
answer:
Expand Down Expand Up @@ -233,22 +238,17 @@ export const OracleIntegrityStakingGuide = (
description: (
<>
<p>
Navigate to the Oracle Integrity Staking tab to begin staking your
tokens to publishers to help secure Pyth Price Feeds.
</p>

<p>
Each publisher is assigned a stake pool that typically includes
the publisher’s self-stake and delegated stakes from other
participants. The rewards distribution protocol programmatically
shares rewards first to publishers, and then to stakers supporting
them.
Once you confirm your choice to stake to a publisher, your tokens
will first enter a Warmup Period, which lasts until the end of the
current epoch. An epoch is a one-week period starting every
Thursday at 00:00 UTC.
</p>

<p>
You can sort publishers by their stake pool details, quality
ranking, and more. Once you have chosen a publisher, click Stake
and specify the number of tokens you wish to stake to their pool.
Tokens in the Warmup Period do not contribute to oracle security
and are not eligible for sharing in publisher rewards or
penalties. Once the Warmup Period ends, these tokens become staked
and will play an active role in strengthening oracle integrity.
</p>
</>
),
Expand Down Expand Up @@ -409,12 +409,12 @@ export const OracleIntegrityStakingGuide = (
</p>
<p>
The Pyth DAO sets a maximum reward rate for stake pools,
currently set at 9%. This rate is achieved for a pool when the
total stake is below the stake cap. If the stake cap is
currently set at 10%. This rate is achieved for a pool when
the total stake is below the stake cap. If the stake cap is
exceeded, the reward rate for stakers is reduced.
</p>
<p>
Publishers charge a fixed percentage (5%) of the rewards from
Publishers charge a fixed percentage (20%) of the rewards from
stakers in their stake pool as a delegation fee (net of any
slashed amount). The Pyth DAO can vote to adjust this fee
structure. Learn more about staking rewards in the
Expand All @@ -436,7 +436,7 @@ export const OracleIntegrityStakingGuide = (
penalized.
</p>
<p>
The current slashing rate is capped at 10% of publisher and
The current slashing rate is capped at 5% of publisher and
delegated stakes, and this rate can be adjusted by the Pyth
DAO. The slashed amounts are sent to the DAO wallet. The Pyth
DAO can choose to vote on future decisions for these slashed
Expand Down Expand Up @@ -483,16 +483,17 @@ export const OracleIntegrityStakingGuide = (
tokens will first undergo a first phase of the Cooldown
Period from the time of clicking Unstake to the end of the
current epoch. These tokens still actively contribute to
oracle integrity and remain subject to programmatic rewards
and slashing.
oracle integrity and remain eligible to programmatic
rewards.
</p>
<p>
After this first phase, these tokens will undergo second
After this first phase, these tokens will undergo a second
phase in the Cooldown Period lasting one full epoch, during
which the tokens are no longer subject to programmatic
rewards or slashing. Once this phase concludes, your tokens
will become unstaked and can be restaked or withdrawn to
your wallet.
which the tokens are no longer eligible to programmatic
rewards. These tokens are subject to slashing if a misprint
in the previous epoch is identified. Once this phase
concludes, your tokens will become unstaked and can be
restaked or withdrawn to your wallet.
</p>
</>
),
Expand All @@ -508,20 +509,24 @@ export const OracleIntegrityStakingGuide = (
answer: (
<>
<p>
In the first phase of the <strong>Cooldown Period</strong>
an on-chain protocol consuming Pyth data can choose to raise
a report for a plausible data misprint. The Pythian Council
of the Pyth DAO will then review the reference data provided
and compare against the Pyth data.
Anyone can choose to raise a report for a plausible data
misprint. The Pythian Council of the Pyth DAO will then
review the reference data provided and compare against the
Pyth data to determine whether a slashing event should
occur. The council will have until the end of the epoch
after the epoch of the reported incident to review the
report. The tokens subject to slashing are the tokens
eligible for rewards{" "}
<i>during the epoch of the misprint incident</i>.
</p>
<p>
In the unlikely event that a published aggregate has been
found to be erroneous, a slashing event would then be
triggered. The stakes of the subset of publishers who
contributed to this incorrect aggregate are programmatically
slashed, along with the stakes of anyone who delegated
tokens towards them. Such slashing event occurs during this
same epoch.
tokens towards them. Such slashing event occurs during the
epoch after the epoch of the reported incident.
</p>
<p>
The slashed amounts are sent to the Pyth DAO’s wallet. The
Expand Down
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