Nomination-pool commission

A fee a pool may charge from rewards under configured limits.

In plain language

The global maximum commission caps what pools can set, while individual pools may charge less.

Why it matters

Perbill scaling must be decoded correctly: 100,000,000 represents 10%.

Real Vara examples

ReferendumGovernanceExecutionDirect addresses
#4 Set the initial nomination-pool bond and commission configuration

This referendum configured two entry thresholds for nomination pools and wrote a very small raw commission-cap value.

ExecutedDispatch succeeded65
#12 Set the nomination-pool commission cap to 10%

This referendum set the maximum commission a nomination pool may charge to 10%.

ExecutedDispatch succeeded41

Related terms

Nomination pool · Perbill · Pool member