Summary: This section provides a detailed guide on how to claim staking rewards in the Cere network, including the calculation of rewards, the process of payouts, and the time limit to claim them.
Rewards are calculated per era, and these rewards are based on era points, which may have slight variations. Over a long enough timeline, these variations should cancel out. For more details, refer to the Validator Payouts article.
The distribution of staking rewards to nominators is not automatic and needs to be triggered. Typically, validators handle this, but anyone can trigger the rewards payout for nominators backing a specific validator in the active set of that era. Staking rewards are available for 84 eras, equivalent to 84 days in Cere.
Payouts refer to unclaimed rewards waiting to be paid to both validators and nominators. You can view the list of all validators you have nominated in the past 84 eras on the Cere Explorer's Staking payouts page. Both validators and nominators can trigger the payout for all unclaimed eras.
If no one claims your staking rewards within 84 eras, they will be lost. If the validator unbonds all their stake, any pending payouts will also be lost. Since unbonding takes 28 days, nominators should check for pending payouts at least this often.
Claiming staking rewards in the Cere network involves understanding the calculation of rewards, the process of distribution, and the time limits for claiming them. Regularly checking the Cere Explorer and understanding the options available for payouts ensures that you receive the rewards you are entitled to.