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Docs15. Epochs & Rewards
15. Epochs & Rewards
Time in the economic layer is divided into Epochs.
- Epoch Structure:
2,400 slots(approx. 1 hour). - Block Rewards: Paid dynamically to the block proposer. If a proposer misses a slot, the block reward is forfeited, not rolled over.
- Base Fee Burning: Base fees are automatically burned during the block settlement phase, updating the
total_burnedtracking variable. - Epoch Transitions: At the epoch boundary (
height % slots_per_epoch == 0), the network updates the active validator set, releases matured unbonding stakes, and adjusts emission rates if a halving period is triggered.