cosmos-sdk/docs/spec/distribution/state.md

State

Global

All globally tracked parameters for distribution are stored within Global. 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.

• Global: 0x00 -> amino(global)

// coins with decimal 
type DecCoins []DecCoin

type DecCoin struct {
    Amount sdk.Dec
    Denom  string
}

type Global struct {
    PrevBondedTokens  sdk.Dec  // bonded token amount for the global pool on the previous block 
    Adjustment        sdk.Dec  // global adjustment factor for lazy calculations
    Pool              DecCoins // funds for all validators which have yet to be withdrawn
    PrevReceivedPool  DecCoins // funds added to the pool on the previous block
    EverReceivedPool  DecCoins // total funds ever added to the pool 
    CommunityFund     DecCoins // pool for community funds yet to be spent
}

Validator Distribution

Validator distribution information for the relevant validator is updated each time:

1. delegation amount to a validator are updated,
2. a validator successfully proposes a block and receives a reward,
3. any delegator withdraws from a validator, or
4. the validator withdraws it's commission.

• ValidatorDistribution: 0x02 | ValOwnerAddr -> amino(validatorDistribution)

type ValidatorDistribution struct {
    CommissionWithdrawalHeight   int64   // last time this validator withdrew commission
    Adjustment                 sdk.Dec   // global pool adjustment factor
    ProposerAdjustment         DecCoins  // proposer pool adjustment factor
    ProposerPool               DecCoins  // reward pool collected from being the proposer
    EverReceivedProposerReward DecCoins  // all rewards ever collected from being the proposer
    PrevReceivedProposerReward DecCoins  // previous rewards collected from being the proposer
    PrevBondedTokens           sdk.Dec   // bonded token amount on the previous block 
    PrevDelegatorShares        sdk.Dec   // amount of delegator shares for the validator on the previous block 
}

Delegation Distribution

Each delegation holds multiple adjustment factors to specify its entitlement to the rewards from a validator. AdjustmentPool is used to passively calculate each bonds entitled fees from the RewardPool. AdjustmentPool is used to passively calculate each bonds entitled fees from ValidatorDistribution.ProposerRewardPool

• DelegatorDistribution: 0x02 | DelegatorAddr | ValOwnerAddr -> amino(delegatorDist)

type DelegatorDist struct {
    WithdrawalHeight   int64    // last time this delegation withdrew rewards
    Adjustment         sdk.Dec  // fee provisioning adjustment factor
    AdjustmentProposer DecCoins // proposers pool adjustment factor
    PrevTokens         sdk.Dec  // bonded tokens held by the delegation on the previous block
    PrevShares         sdk.Dec  // delegator shares held by the delegation on the previous block
}

Power Change

Every instance that the voting power changes, information about the state of the validator set during the change must be recorded as a PowerChange for other validators to run through. Each power change is indexed by its block height.

• PowerChange: 0x03 | amino(Height) -> amino(validatorDist)

type PowerChange struct {
    Height                        int64     // block height at change
    ValidatorBondedTokens         sdk.Dec   // following used to create distribution scenarios
    ValidatorDelegatorShares      sdk.Dec
    ValidatorDelegatorShareExRate sdk.Dec
    ValidatorCommission           sdk.Dec
    PoolBondedTokens              sdk.Dec
    Global                        Global
    ValDistr                      ValidatorDistribution
    DelegationShares              sdk.Dec
    DelDistr                      DelegatorDistribution
}