Stake Authorities

Definitions of variables that appear in the Stake Authorities page on the Rated Explorer for Solana.

Data freshness: The views on this page refresh on a daily basis except for metrics related to the amount staked, the status of the stake accounts under a stake authority, and their validator delegates. These other metrics refresh every epoch which is around 2 days.

A stake authority is the address that controls the actions of a stake account related to staking. These are delegating, undelegating, splitting, and merging. Stake accounts can have the same stake authority address which is why we provide an aggregate view of stake accounts through their stake authorities.

Counters

There are four counters at the top of the view that show a general view of the delegated stake in the network at the moment.

Total Stake: Total amount staked in the network

Stake Authority Addresses: The number of stake authorities that have active stake accounts

Stake Accounts to Stake Authority Ratio: The number of stake accounts for every 1 stake authority address

Average Delegator APY: the aggregate annual percentage yield (APY) for delegators in the network

Network Penetration

This is the percentage distribution of stake that maps under any given delegator based on their delegated stake to validators. We calculate this as:

Network penetration == delegated stake / total network stake

Delegation distribution

This is the percentage distribution of validators to whom a particular stake authority has delegated their stake to through the stake accounts it controls.

Commission Rate

This is the stake-weighted commission rate being charged to this stake authority based on the validators this stake authority has delegated its stake to. On the left is the commission rate for voting/staking rewards and on the right is the commission rate for MEV rewards.

Delegator APY

The annual percentage yield earned by this delegator. On the 1d time period, the APY takes into account the rewards received for the last 3 days to smooth out the noise given Solana's staking rewards schedule, which is every epoch (~2 days). For more information, please refer to our documentation Annual Percentage Yield (APY)

Blended Effectiveness

This is the effectiveness rating of a stake authority based on the stake-weighted effectiveness of the validators they have delegated to.

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