Delegator Rewards

Delegator rewards are the rewards earned by the delegators after delegating their deposits to a Benchmarker.

Reward from a Single Benchmarker

For each benchmarker $i$ , a delegator $d$ receives a reward ${delegator\_reward}_{d,i}$ , which is calculated using this formula:

\text{delegator\_reward}_{d,i} = \text{benchmarker\_reward}_i \cdot \text{delegator\_share}_i \cdot \frac{\text{deposit}_{d,i}}{\sum_{d'}\text{deposit}_{d',i}}

${deposit}_{d,i}$ is the amount of $TIG deposited to benchmarker $i$ by delegator $d$ .
${delegator\_share}_i$ is the portion of rewards benchmarker $i$ shares to delegators (between 0 and 25%).
${benchmarker\_reward}_i$ is the benchmarker’s total reward for a block.
The fraction represents delegator $d$ ‘s share of deposit to benchmarker $i$ .

It is the amount of a benchmarker $i$ ‘s reward which they give to delegators multiplied by the delegator $d$ ‘s share of the delegated deposit.

To calculate total rewards for a delegator $d$ , we sum the rewards from all benchmarkers they have delegated to.

Delegator $d$ ‘s total reward is denoted as ${delegator\_reward}_{d}$ , is calculated as the sum of their reward from each benchmarker:

\text{delegator\_reward}_{d} = \sum_{i}\text{delegator\_reward}_{d,i}