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namillum

Version:

Bubble Protocol SDK

github.com/ValentinaKohler/namillum

ValentinaKohler/namillum

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--- id: staking-ssn-commission-management title: Commission Management keywords: - staking - ssn - smart contract - zilliqa - node operator - commission description: Commission management --- --- The operations available to delegators on the smart contract are as follows: 1. [Update commission rate](#update-commission-rate) 1. [Withdraw commission](#withdraw-commission) 1. [Update address for receiving commission](#update-address-for-receiving-commission) !!! info Commission and commission change rate in the staking smart contract are represented by `uint128`. The last 7 digits represent the decimal points. As such, if the percentage is 5.2%, then the value of the commission will be 5.2 x 10^7 represented as an integer). ## Update Commission Rate ### Description `UpdateComm` allows the SSN operator to update the commission to a new rate. The delta of rate changes must not exceed [max commission change rate](https://github.com/Zilliqa/ZIP/blob/master/zips/zip-11.md#staking-parameters) (`maxcommchangerate`) per cycle. This is to prevent flash changing and allow for a more gradual adjustment of the commission rate. Finally, the new rate must be less than or equal to `maxcommchangerate`. ### Pre-condition The node operator must not have change commission rate in the current cycle. ### Parameter `new_rate`: the new commission rate ### Transition ```scilla transition UpdateComm(new_rate: Uint128) ``` ### Sample Code | Language | Link to Sample Code | | -------- | ------------------- | | NodeJS | coming soon | | Java | coming soon | | Golang | coming soon | ## Withdraw Commission ### Description `WithdrawComm` allows the SSN operator to withdraw all the commission earned to the commission receiving address `rec_addr`. !!! info Regardless of whether the receiving address has been updated or not, this operation can only be called from the SSN operator address. ::: ### Parameters None ### Transition ```scilla transition WithdrawComm() ``` ### Sample Code | Language | Link to Sample Code | | -------- | ------------------- | | NodeJS | coming soon | | Java | coming soon | | Golang | coming soon | ## Update Address for Receiving Commission ### Description `UpdateReceivedAddr` changes the receiving commission address to a new address. ### Parameters `new_addr`: the new address for receiving commission when calling `WithdrawComm` transition ### Transition ```scilla transition UpdateReceivedAddr(new_addr: ByStr20) ``` ### Sample Code | Language | Link to Sample Code | | -------- | ------------------- | | NodeJS | coming soon | | Java | coming soon | | Golang | coming soon |