Set commission rate
You can set up and change your commission as a validator.
A validator is entitled to charge any commission rate. The minimum commission would be 0% and the maximum commission would be 100% of the rewards earned.
You are allowed to change the commission rates as many times as you would like.
As a validator, it is one of your responsibilities to inform the community on commission changes. See Validator Responsibilities.
Set up your commission rate as a validator¶
You set up the commission rate as part of your initial validator staking process. See Validator Staking Operations.
Change your commission rate¶
You can change your commission rate.
- With your owner address, login to the staking dashboard.
- On your profile, click Edit Profile.
- In the Commission field, provide your new commission rate.
Once you have confirmed and signed the transaction your commission rate will be set.
Once the commission is updated, there is a cool down period of 80 checkpoints.