Good day Collators,
After implementing the Block Rewards and Collator Cycle, all Collators now receive direct payment several times a day. The duration of one epoch is 12 hours, with two sessions per epoch lasting 6+6 hours each.
* Time-wise, rewarding is tightly coupled to sessions (6h in block time) in contrast to epochs (12h) from CP6. Thus, the proposed amounts are halved and rewarded in 6 hour periods * Collator rewards = `16.65 CFG per collator per epoch / 2 sessions per epoch = 8.325 CFG = 8325 * MILLI_CFG` per collator
More information can be found here: CP54: Runtime Upgrade 1019
To claim your Collator rewards, please follow these steps:
- Go to Centrifuge chain → Extrinsics : Polkadot/Substrate Portal
- Select “Blockrewards.”
- Choose “ClaimReward”
- Select the account that was used for submitting the Collator Key. Please note that only whitelisted wallet addresses are eligible for claiming rewards.
- Sign the transaction.
If everything is done correctly, you will receive your rewards on the selected account.
Feel free to ask us if you need any help.