diff --git a/README.md b/README.md index 4e7c287a51..793f647a78 100644 --- a/README.md +++ b/README.md @@ -40,36 +40,40 @@ Node, node operator and delegator rewards are determined according to the princi |Symbol|Definition| |---|---| -||global share of rewards available, starts at 2% of the reward pool. -||node reward for mixnode `i`. -||ratio of total node stake (node bond + all delegations) to the token circulating supply. -||ratio of stake operator has pledged to their node to the token circulating supply. -||fraction of total effort undertaken by node `i`, set to `1/k`. -||number of nodes stakeholders are incentivised to create, set by the validators, a matter of governance. Currently determined by the `reward set` size, and set to 720 in testnet Sandbox. -||Sybil attack resistance parameter - the higher this parameter is set the stronger the reduction in competitivness gets for a Sybil attacker. -||declared profit margin of operator `i`, defaults to 10% in. -||uptime of node `i`, scaled to 0 - 1, for the rewarding epoch -||cost of operating node `i` for the duration of the rewarding eopoch, set to 40 NYMT. +||global share of rewards available, starts at 2% of the reward pool. +||node reward for mixnode `i`. +||ratio of total node stake (node bond + all delegations) to the token circulating supply. +||ratio of stake operator has pledged to their node to the token circulating supply. +||fraction of total effort undertaken by node `i`, set to `1/k`. +||number of nodes stakeholders are incentivised to create, set by the validators, a matter of governance. Currently determined by the `reward set` size, and set to 720 in testnet Sandbox. +||Sybil attack resistance parameter - the higher this parameter is set the stronger the reduction in competitivness gets for a Sybil attacker. +||declared profit margin of operator `i`, defaults to 10% in. +||uptime of node `i`, scaled to 0 - 1, for the rewarding epoch +||cost of operating node `i` for the duration of the rewarding epoch, set to 40 NYMT. Node reward for node `i` is determined as: - - + + where: - + + and - + + Operator of node `i` is credited with the following amount: - + + Delegate with stake `s` recieves: - + + where `s'` is stake `s` scaled over total token circulating supply.