Pye CLI

$R_p = \frac{D_p}{D_v} \times R_v$

Variables:

• $R_p$ = reward attributable to the Pye Account, pro rata
• $D_p$ = the # of SOL delegated by the Pye Account for that epoch
• $D_v$ = the total # of SOL stake delegated in that epoch
• $R_v$ = the total # of SOL rewards generated in that epoch

Step 3: Adjustments Based on Reward Terms

The final step in the accounting process is to adjust the reward's maximum potential reward (from Step 2) according to the specific terms defined in the reward at issuance. Each reward specifies how much of each reward type the validator commits to share with the rewardholder. These parameters are:

• MEV Commission: MEV Percentage of MEV rewards shared with the staker.
• Block Commission: Percentage of block rewards shared.
• Inflation Commission: Percentage that the validator keeps from inflation rewards.

$R_v = I_v + B_v + M_v$

Where:

• $I_v$ = the # of SOL rewards generated from inflation,
• $B_v$ = the # of SOL rewards generated from block rewards,
• $M_v$ = the # of SOL rewards generated from MEV,

for that epoch. These terms govern how much of the validator’s total rewards are actually passed through to the staker.

Step 4: Accounting and Payment Distribution

Once calculations are complete, the CLI handles reward payments in a way that is atuomated and independetly verifiable by the validator operator. The CLI performs the following tasks at the epoch boundaryL

• It generates a txn payload for the amount of SOL the Pye Account is owed for the last epoch.
• This payload is stored in the CLI’s database and is viewable as a report on the individual Pye Account page or the validator’s profile in the app.
• The CLI automatically pulls funds from a pre-funded reward account for the payload amount.

Note this is a separate wallet from the vote account – which validators maintain specifically for reward payments.

This final step ensures timely, on-chain delivery of rewards to stakers in a way that is monitorable by both the staker and the validators.

Read our docs to learn more:

docs.pye.fi.