Adjust Commission Rate

Set or change your collator commission rate with the setCommission staking extrinsic. Learn how to enter the rate in parts per million.

Set and change the commission rate for your collator. Commission is part of the staking economics described in Block reward distribution.

Set your commission rate

1. Open the polkadot.js interface.

   

2. Go to Developer → Extrinsics → parachainStaking → setCommission.

   

3. Enter your commission rate and submit the transaction.

   The rate is given in parts per million: enter 10000 for 1%, 250000 for 25%.

Reward calculation

See Reward calculation.