OKTC Staking Rewards Algorithm: A Comprehensive Guide

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Background

OKTC enables users to stake OKT tokens and vote for validators to earn on-chain dividend rewards. This guide explains the principles and mechanics behind staking rewards on the OKTC network.

On-Chain Staking Reward Example

To become a validator on OKTC, users must stake a minimum of 10,000 OKT. The network selects the top 21 validators by weight every 252 blocks (one epoch cycle) to produce new blocks. Validators earn rewards proportional to their vote shares, with commission rates determining reward distribution between validators and delegators.

👉 Maximize your staking rewards with OKTC

Example Scenario:

ValidatorSharesCommissionStaked OKTAnnual RewardAPR
Chillcrypto41.89T0.61,00013.10 OKT1.31%
Unique farming41.90T0.61,00013.10 OKT1.31%
..................

Staking Reward Rules

Role Definitions

RoleDescriptionQuantity
ValidatorBlock producers (top 21 by weight)21
DelegatorOKT stakers receiving rewardsUnlimited
CandidateRegistered validator candidatesUnlimited

Reward Sources

OKTC rewards come from:

  1. Block rewards (currently 0.125 OKT/block)
  2. Transaction fees

Rewards follow a deflationary schedule:

DateBlock RewardHalving Event
2023-03-180.125 OKTFirst halving
2023-12-170.0625 OKTSecond halving

👉 Understand OKTC's tokenomics

Voting Mechanics

Reward Calculation

Rewards are calculated per epoch (252 blocks) using:

  1. Reward Ratio = Total Rewards / Total Shares
  2. Cumulative Ratio = Sum of all epoch reward ratios
  3. User Earnings = Cumulative Ratio × User Shares

Withdrawal Methods

  1. Active Withdrawal: Manual claim transaction
  2. Passive Withdrawal: Automatic when staking/voting

Note: Rewards truncate to 4 decimal places (0.0001 OKT precision).

FAQ

What's the minimum OKT stake?

You can stake as little as 0.0001 OKT per validator.

How often are rewards distributed?

Rewards accumulate per epoch (252 blocks) and can be claimed anytime.

Can I change my voted validators?

Yes, you can reallocate votes without unstaking your OKT.

Why choose OKTC for staking?

OKTC offers competitive APRs (often 15-20%) with robust validator selection.

👉 Start staking on OKTC today