@Walrus 🦭/acc protocol.Accessing Walrus Staking Benefits: A Comprehensive Instruction Manual
Walrus, the data storage protocol of the Sui ecosystem, provides a clear and accurate staking reward mechanism. Central to this process is the epoch, a time measure that initiates reward allocation. Every epoch starts with the initiate_epoch_change function, which refreshes validator pool objects, computes operator commissions, and distributes net rewards to delegators.
Delegators' rewards are not arbitrary—they are based on the exchange rate, indicating the amount of WAL each share signifies. As rewards build up in the pool, the exchange rate rises, indicating that tokens staked for longer periods yield higher earnings. The process is simple: a staker’s principal is transformed into shares at the activation epoch, and later, those shares are exchanged back to WAL upon withdrawal. The distinction lies in the reward.
This system guarantees equity, clarity, and confirmability, since all computations are on-chain and can be accessed through explorers such as Suiscan. Validators can additionally verify that rewards are allocated accurately, promoting trust with delegators.
Grasping this reasoning allows validators and delegators to enhance staking methods and monitor earnings with assurance. Walrus merges the accuracy of smart contracts with the openness of blockchain, offering a trustworthy staking experience for all participants in the ecosystem.