IoTeX Delegate Documentation
  • Introduction
    • 👋 Welcome
    • What is a Delegate
    • Delegate Requirements
    • Benefits and Rewards
    • Hardware requirements
  • Get Started
    • Profile registration
      • Delegate Accounts
      • Name Registration
      • Staking Bucket
      • Server Information
      • Rewards Policy
      • Profile Data
    • Node Configuration
      • Acquire a server
      • Install requirements
      • Install the node software
      • Run the node
      • Verify the node status
    • Advanced
      • Server provider
      • Edge Proxy
      • Kubernetes
      • High Availability
      • Gravity Chain Binding
      • Improvements
    • Hosted Service
    • Delegate Endorsement
      • HIW
  • Delegate Management
    • Access the portal
    • Delegate Performance
    • Delegate Rewards
    • Profile settings
    • Advanced Configuration
  • Addendum
    • Profits Projections
    • Glossary
Powered by GitBook
On this page

Benefits and Rewards

PreviousDelegate RequirementsNextHardware requirements

Last updated 2 years ago

IoTeX Delegates enjoy exclusive benefits, including:

  • Ability to make proposals on gov.iotex.io and join Delegate-only votes.

  • Early access to new IoTeX features, tools, and dApps.

  • Every 1 epoch (i.e. 1 hour), the top 100 Delegates split an epoch bonus reward proportional to the percentage of total votes.

  • Consensus Delegates are eligible for bonus rewards:

    • Earn a fixed reward of 8 IOTX per mined block (1 block every 5 sec)

    • The top 36 voted Consensus Delegates earn an extra bonus of 80 IOTX per epoch from the IoTeX Foundation

You can use the IoTeX Delegates Rewards Calculator provided by our delegates to estimate your annual profits. These estimates are based on assumptions, and the actual amount of rewards will depend on the real votes distribution of the IoTeX Blockchain.

As a Delegate, you may choose to share Delegate rewards with your voters. IoTeX provides HERMES, a rewards auto-distribution service, that takes care of automatically distributing rewards to your voters based on your rewards policy. Delegates who do not use HERMES will be responsible for distributing awards based on their own policy. Check out the HERMES user guide for more info.

Page cover image