All globally tracked parameters for distribution are stored within
FeePool. Rewards are collected and added to the reward pool and
distributed to validators/delegators from here.
Note that the reward pool holds decimal coins (
DecCoins) to allow
for fractions of coins to be received from operations like inflation.
When coins are distributed from the pool they are truncated back to
sdk.Coins which are non-decimal.
0x00 -> ProtocolBuffer(FeePool)
# Validator Distribution
Validator distribution information for the relevant validator is updated each time:
- delegation amount to a validator is updated,
- a validator successfully proposes a block and receives a reward,
- any delegator withdraws from a validator, or
- the validator withdraws its commission.
0x02 | ValOperatorAddrLen (1 byte) | ValOperatorAddr -> ProtocolBuffer(validatorDistribution)
# Delegation Distribution
Each delegation distribution only needs to record the height at which it last withdrew fees. Because a delegation must withdraw fees each time it's properties change (aka bonded tokens etc.) its properties will remain constant and the delegator's accumulation factor can be calculated passively knowing only the height of the last withdrawal and its current properties.
0x02 | DelegatorAddrLen (1 byte) | DelegatorAddr | ValOperatorAddrLen (1 byte) | ValOperatorAddr -> ProtocolBuffer(delegatorDist)