Claiming Rewards
Last updated
Last updated
Rewards for staking CTC are not automatically credited to validators and nominators, they must be distributed first. Anyone can trigger the payout for any validator by submitting the corresponding transaction. Validators are recommended to distribute payouts for their nominators at the end of each era.
Validators can trigger payouts for themselves and other validators by using the creditcoin
's distribute
command and specifying both their stash address and the era they are distributing payouts for. For more information about operating a Validator, refer to the Validator Guide.
Pools store all of their rewards as pending till users decide to compound or withdraw their rewards. Pool members can also opt to allow other to trigger compound or withdrawal of their funds. As a nominator within a pool, you can withdraw or compound your rewards in the staking dashboard pool page once the payout has been triggered.
The same options are also available in the nominate page if you are nominating outside of a pool.
For more information about using Staking Pools, go to the Nominating with Staking Pools section.