📦 Stake-as-a-Service (SaaS)

📍 Overview

The Vault is introducing a Stake-as-a-Service (SaaS) subscription model for validators receiving undirected stake delegation from our pool. This system is designed to support the protocol's long-term financial sustainability, align incentives with validators, and lay the foundation for transparent and recurring revenue ahead of our TGE.

⚖️ Key Principles

Sustainability: Introduces a fee structure to maintain and grow our operations.
Fairness: Equal access to stake for allowlisted validators, contingent on consistent subscription payments.
Transparency: Invoices and payment statuses are tracked through our dApp.
Simplicity: Fixed-rate system to start, with auto-pay features to come.

💳 Payment Terms

Who Must Pay: Validators who are on the allowlist and receive undirected stake.
Payments: Have vSOL or SOL in your wallet to pay
Rate: 25% of validator earnings generated from undirected stake.
Calculated using the following formula:
[((avg_mev_per_block * validator mev commission) + avg_rewards_per_block) * (stake by the vault / avg_stake_per_leader_slot ) + (stake by the vault * (chain inflation rate / epochs per year) * validator inflation commission)] * 0.25
Invoice Timing: Issued one epoch after the stake is received
Payment Deadline: Must be paid within 10 epochs of invoice issuance

🚨 Enforcement

Failure to pay within the defined window will result in:

Immediate removal of undirected stake
Removal from the allowlist and placed back onto the waitlist
Potential blacklisting for up to 6 months, during which the validator will not be eligible to receive further stake

🛠️ Manual Payment Guide

Until auto-pay is released, validators must make payments manually.

How to Pay:

Visit: The Vault Validator Dashboard
Find your validator in the list and click on it.
Find any outstanding epoch fees on your dashboard.
Connect your wallet to the site.
Click the "Pay" button.
Sign the transaction using your wallet.

All manual payments will have a "Pay Invoice" button in the UI.

❓ FAQ

What if I don't pay on time?

Failure to pay within 10 epochs will lead to stake removal and potential blacklisting from the program.

Will auto-pay be available?

Yes. Auto-pay is under development but postponed until contracts are audited.

Can I track how much I owe?

Yes. Validators can view current and past invoices on the dApp.

Is this system permanent?

This is a pilot structure. The Vault may adapt the pricing or model based on validator feedback and protocol needs.