Anza Proposes Solana Validator Commission Change Through SIMD 0249
The proposal would let Solana validators update commission rates at any time, with changes taking effect after a one-epoch delay for delegator rewards.
SOL
Summary
No Summary provided as the original text is short
Terms & Concepts
Validator commission: The percentage fee a validator charges on staking rewards earned by delegators on a proof-of-stake blockchain.
Epoch: A fixed network time period in Solana during which validator performance and staking reward calculations are tracked.
Staking: Locking crypto to help secure a proof-of-stake blockchain and earn rewards in return.