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Rewards - How it works

The node rewards are calculated considering two parameters:

  • Quantity of the lease
  • Lease duration

Once a day (at 00:00 UTC) the leases of the node are extracted from the WAVES platform and can be consulted on the LEASES STATS page. On Friday of each week the rewards are paid based on the lease weight.

The lease weight is calculated by multiplying the lease amount (present at Friday extraction) by its duration (expressed in blocks height at the moment of payment calculation).

This means that:

  • More waves are lent and more money you will earn
  • The longer the lease lasts and the more money you will earn

ATTENTION: dividends will be paid if the addresses, with their leases, will reach the minimum threshold of 0.0005 WAVES (transaction fee)

Example

Let's take a practical example:

We are on Friday and 100 waves has been assigned to the node as fees rewards. 90 waves will be distributed to leasers based on their lease weight.

  • Fees Rewards: 90 waves
  • Number of leases present at Friday: 3
  • Blockchain height: 1.670.000

These are the leases at the moment of calculation:

# Address Quantity
(waves)
Height
(blocks)
Lease duration
(blocks)
Lease weight
1 Address 1 1 100 1 669 000 1 000 1 100 000
2 Address 2 100 1 669 660 340 34 000
3 Address 3 50 000 1 669 900 100 5 000 000

Total lease weight: 6 134 000

Now we can calculate the rewards for each leaser:

  • Leaser 1: 90 * (1 100 000 / 6 134 000) => 16,13955 Waves
  • Leaser 2: 90 * (34 000 / 6 134 000) => 0,49885 Waves
  • Leaser 3: 90 * (5 000 000 / 6 134 000) => 73,36159 Waves
Generating balance

17275 WAVES

How to lease

16 LEASES

Leases stats
Blockchain Height

1826100

  • PAYMENT POLICY:
  • 90% earned Waves
  • Weekly payment
How it works