Mechanism
Election
Every account in the TRON network has the right to vote for SRs candidates. TRON Power (TP) is required to vote, and the amount of TP depends on the voter’s frozen assets(TRX), 1 TP = 1 frozen TRX.
An account loses the TP after release(unfreeze) the frozen TRX, and votes for the ongoing and future round are invalid unless freeze TRX to get TP again.
Note that the TRON network only records your most recent vote, every new vote overwrites the old one.
Votes are counted every 6 hours. The top 27th are called super representatives, 28th-127th are super partners, after 128th are super representative candidates.
TRON network burns 9999 TRX from the account that applies to become a super representative candidate to prevent attacks.
Rewards
Super Representative Reward(Block Reward): The TRON network generates block every 3 seconds, with each block awarding 16 TRX to Super Representatives.
Candidate Reward(Vote Reward): With every block producing, the top 127 share 160 TRX. The reward will be split by the votes each candidate receives. The voting rewards obtained by super representatives and partners will also be distributed to voters in accordance with the voting ratio of voters after deducting the commission ratio.
Each time a Super Representative finishes block production, rewards are sent to the sub-account in the superledger. Super Representatives can check, but not directly make use of this asset. A withdrawal can be made every 24 hours, transferring the reward from the sub-account to the Super Representative’s account.
Rewards Calculation
Total Rewards = Vote Reward x brokerage ratio+ Block Reward x brokerage ratio
Super representative brokerage
The default ratio is 20%, and the other 80% will be awarded to the voters. The ratio can be modified by the super representative.
Vote Rewards
Vote rewards are 160 TRX every block.
Voting statistics counted every 6 hours, with SRs changing based on vote results.
For all 127 SR individuals, the vote rewards per day are calculated as follows: 160 (TRX/block) x 7200 (blocks/election) x 4 (elections/day) = 4,608,000 (TRX/day)2.
For each candidate, the daily Vote Rewards = 4,608,000 x (# votes / # total votes) x 20%
2_Reward may be less than the theoretical number due to missed blocks._
Block Rewards
SRs create blocks one by one and block rewards are 16 TRX every block.
Block rewards per day: 16 (TRX/block) x_7200 (blocks/election) _x 4 (elections/day) = 460,800 (TRX/Day) For each super representative, the daily Block Rewards = 460,800/27 x 20%
Voter Rewards
Calculated by default brokerage ratio, 80% of the rewards are distributed to his voters, and each vote corresponds to a reward of 6 hours = 80% x 7200 (block/election) x 160 /total votes + 80% x 7200 (blocks/election) x 16 / 27 / sr votes). 'Total votes' is the total number of votes for the entire network, and 'SR votes' is the number of votes the super partner receives. Therefore, each voter needs to know the brokerage ratio, total votes and sr votes to calculate the reward, and this data is open to everyone.
Vote Rewards: 4,608,000 x 2.19% x 20% = 20,183 TRX Block Rewards: 460,800 / 27 x 20% = 34,13 TRX Total Rewards: 20183 + 3413 = 23596 TRX This SR receives about 23596 TRX total rewards per day. Voter Rewards: votes x 80% x 28800(blocks/day) x（ 160/ total votes + 16 / 27 x（votes / sr votes））
Vote Rewards: 4,608,000 x 1.09% x 20%= 10045 TRX Block Rewards: 0TRX Total Rewards: 10045 + 0 = 10045 TRX This SR receives about 10045 TRX total rewards per day. Voter Rewards: votes x 80% x 28800(blocks/day) _x_160/ total votes
Delegate's account address
Total votes the delegate received
Delegate's website url
Total number of blocks produced by the delegate
The total missed blocks of delegate
API
Last updated
Was this helpful?
