Validators that are successfully elected and produce blocks are rewarded with the native KSM token. Nominators who back a validator and receive such a block reward share in the return. These rewards are distributed automatically to the nominators at a protocol level. Validators are paid the same regardless of how much stake they have, meaning pools with the lower stake will pay proportionally more to nominators than pools with the larger stake. This incentivizes nominators to distribute their stakes to smaller pools, to maximize their rewards. This intends to align what’s best for the network (avoiding control by a few powerful validators) with what’s best for the individual (maximizing financial rewards).
While staking rewards remain constant, the amount of rewards distributed to nominators will also be influenced by the commission fee the validator charges. This is a variable fee set by the validator to cover their operating costs. Lower commission validators will distribute higher rewards to nominators. Rewards are recorded approx. every hour on Kusama and calculated per era, every 6 hours. In Kusama’s native web wallet, rewards can be claimed by triggering a payout for all unclaimed eras.
Staking rewards are kept available for 84 eras, which is approximately 21 days on Kusama.
Updated 10 days ago