Polymesh Glossary


Block rewards and fines

The carrot and the stick that are vital to the nominated proof-of-stake consensus mechanism, and therefore proper chain operations. On Polymesh, for each block created, POLYX will be rewarded both to the node operator who created it and their stakers. However, failure to meet performance standards of the chain could lead to node operators being fined in POLYX and having their stake slashed. Ultimately, block rewards and fines provide the economic incentive to participate honestly in the network.