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Fix: update validator responsibilities and rewards
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Signed-off-by: Phuc Thai <[email protected]>
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phuctd95 authored Nov 27, 2024
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22 changes: 11 additions & 11 deletions docs/validators/onboarding/become-validator.mdx
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Expand Up @@ -17,22 +17,22 @@ After following the steps in this guide, you'll become a
Validator Candidate and have a chance to be selected as a
Standard Validator on the next day.

### Validator roles
### Validator responsibilities and rewards

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[vale] reported by reviewdog 🐶 [Google.Headings] 'Validator responsibilities and rewards' should use sentence-style capitalization. Raw Output: {"message": "[Google.Headings] 'Validator responsibilities and rewards' should use sentence-style capitalization.", "location": {"path": "docs/validators/onboarding/become-validator.mdx", "range": {"start": {"line": 20, "column": 5}}}, "severity": "WARNING"}

Ronin Validators share the critical responsibility of ensuring the integrity of all onchain transactions. That means they produce blocks and vote for finality. Ronin has allocated a total of [180M RON](./../../basics/rewards.md) over 8 years to reward Validators for these contributions, and Validators also receive a percentage of Ronin transaction fees.

The rewards are divided into two parts: 85% for finality voting and 15% for block production. All validators vote for finality, but only 22 validators are selected produce blocks in a given epoch.
These 22 validators include 12 Governing Validators, elected by the community to ensure network security, and 10 Rotating Validators selected randomly. The probability of being chosen as a Rotating Validator is proportional to the amount of stake held by each validator

After receiving rewards, validators then re-distribute a small percentage to Delegators according to a commission rate, which can range from 5% to 20%.


There are three validator roles:

* **Validator Candidate:** the role you get after following the steps
in this guide. Validator Candidates are eligible to be selected as Standard Validators the next day.
* **Standard Validator:** all validators participate in the finality voting.
10 Rotating Validators are randomly selected every 10 minutes based on their staked amount to produce blocks.
* **Governing Validator:** the validators chosen by the community and
Sky Mavis to ensure network security. Governing Validators are
validators by default, and they account for more than half of the
total validator set, who actively produce blocks.

## Prerequisites

Have at least 250,000 RON for the initial stake in your Ronin Wallet. For information on how to buy RON, see [Acquire RON](./../../basics/acquire-ron.mdx).
Have at least 250,000 RON for the initial stake in your Ronin address. For information on how to buy RON, see [Acquire RON](./../../basics/acquire-ron.mdx).
**Note: An address applying to become a validator must not have participated in staking previously, either as a validator or a delegator.**

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[vale] reported by reviewdog 🐶 [Google.Colons] ': A' should be in lowercase. Raw Output: {"message": "[Google.Colons] ': A' should be in lowercase.", "location": {"path": "docs/validators/onboarding/become-validator.mdx", "range": {"start": {"line": 35, "column": 7}}}, "severity": "WARNING"}

## Steps

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