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Revised delegation doc#9

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rajkaramchedu merged 3 commits intomainfrom
rajk/delegation-doc
Nov 14, 2023
Merged

Revised delegation doc#9
rajkaramchedu merged 3 commits intomainfrom
rajk/delegation-doc

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@rajkaramchedu
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@hey-michal can you add philanthrope to this repo? I think his GH handle is ifrit98. I need him to review this PR. Actually please you add all the devs to this repo. Thanks!

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vercel bot commented Nov 14, 2023

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@hey-michal
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@rajkaramchedu I added the whole @opentensor/dev team here.

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2 small nits for you, but overall LGTM!

- After deducting a percentage for the delegate, these staking rewards are given back to the delegate's nominators.
:::tip Currently this delegate percentage is 18%.
:::
- The above (100-18)% of the staking reward is distributed among the delegate's nominators in proportion to the nominators' staked TAO amount with this delegate.
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@ifrit98 ifrit98 Nov 14, 2023

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We should make a note that this take (18%) is now a tunable parameter by the delegate themselves and may be higher or lower than 18%.

See: opentensor/bittensor#1563

EDIT: derp, just saw the NOTE on the docs page. Perhaps the only thing we need to add is a note that one of the columns in the btcli root list_delegates table will have this take parameter for people to view.

![List Delegates](/img/list_delegates.png 'Output of List Delegates')

| Column | Description |
See below for an explanation of the column headings in the above terminal output:
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This graphic and table can be updated: Here's the latest version that fits the table properly on screen.

image

See: opentensor/bittensor#1577

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3 participants