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New Merkle distribution for May 1st 25#177
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manumonti merged 5 commits intothreshold-network:mainfrom May 7, 2025
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This rewards distribution corresponds to Apr 1st - May 1st 2025. These calculations are affected by TIP-092 and TIP-100 so: - No rewards are calculated for tBTCv2. - TACo rewards yield remains at 3,75% p.a. - The stake amount eligible for rewards per staking provider is capped at 15M T. So stakes greater than that will receive rewards corresponding to 15M T. - TACo monitoring and penalization mechanism is introduced. Nodes that are not able to prove that they are active and running properly during DKG heartbeat rounds are penalized. Details in Add TACo penalization to staking rewards calculation threshold-network#175. - Beta Stakers don't receive staking rewards through Merkle distribution mechanism.
derekpierre
approved these changes
May 6, 2025
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🎸 looks good.
Did some simple sanity checks:
- total rewards distributed = 1.011M T; close enough to last distribution which was ~1.25M T
- rewards for a node without failures looked correct (chose a random one) i.e. equates to roughly
stake_size * 3.75% / 12 - rewards for node with all failures (
0x064ae11966cd24ae08ad5282C9027836E2D1c47d) was 0 - rewards for node with 3 heartbeat failures i.e. they only receive 1/3 of their rewards (
0xa2e44666BAB3ED3be4F87b7c18eD2ffB911c0bEf) was correct - rewards for node with 1 heartbeat failure i.e. grace of 1 failure and they still receive their full reward (
0xFCA99f5b5Ecf19343e309d8dbe79F15a0A389769) was correct
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This rewards distribution corresponds to Apr 1st - May 1st 2025.
These calculations are affected by TIP-092 and TIP-100 so: