Unstaking Credit Deduction
The credit deduction mechanism is designed to manage the rewards earned through staked SOL, ensuring fair distribution and reward long term community members. Here's a detailed explanation of how it works.
Accounting Deduction
When you stake SOL (or any other LST on Solayer) in a pool, you earn accrue credits based on the amount and type (bSOL, jitoSOL, INF, mSOL, etc.) of SOL staked. However, if you withdraw your staked SOL before the final epoch, a portion of that will deducted. This mechanism ensures that long-term stakers are rewarded more than those who withdraw early.
Calculation
Base Rate: The base rate for every SOL staked
Time weight: Hourly
Multipliers:
Native SOL (significantly higher priority)
Basic Liquid Staking Tokens
Deduction Rules
Withdraw Amount: If you withdraw a certain percentage of your staked SOL, the credits associated with that percentage of SOL will be subject to deducted.
Deduction Percentage: 50% of the rewards generated by the withdrawn amount will be deducted.
Examples
Example 1: Withdrawing 10% of Staked SOL
Staked SOL: 100 SOL
Withdrawn SOL: 10 SOL (10% of 100 SOL)
Credits Earned: 1000 (for simplicity, assume all are native SOL with 4x multiplier applied)
Deduction: (10 / 100 * 1000) * 0.5 = 50 credits
So, if you generated 1000 credits on the 10 SOL deposited, 50 credits will be deducted, leaving you with 950 credits.
Example 2: Withdrawing 20% of Staked SOL
Staked SOL: 50 SOL
Withdrawn SOL: 10 SOL (20% of 50 SOL)
Credits Earned: 300 credits (assuming a mix of native SOL and LSTs, with appropriate multipliers)
Deduction: (10 / 50 * 300) * 0.5 = 30 credits
In this case, if you generated 300 creditson the 10 SOL deposited, 30 credits will be deducted, leaving you with 270 credits.
Example 3: Withdrawing 50% of Staked SOL
Staked SOL: 20 SOL
Withdrawn SOL: 10 SOL (50% of 20 SOL)
Credits Earned: 600 (assuming native SOL with 4x multiplier)
Deduction: (10 / 20 * 600) * 0.5 = 150 credits
Here, if you generated 600 credits on the 10 SOL deposited, 150 credits will be deducted, leaving you with 450 credits.
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