As of Secret Network V1.7 delegators can autocompound their SCRT Staking rewards using the native Restake feature.
Normally SCRT delegated to a validator accrues SCRT rewards every block as a claimable balance. With the autorestaking feature enabled however the SCRT rewards will never be claimable and also never in the claimed balance state.
Every x amount of blocks (currently 1000 set by the chain parameter - restake_period
) all claimable rewards, on the Restake enabled validators by the user, will be removed from the reward balance and accredited to the staked balance.
{% hint style="info" %} The code implementation for native Restake is available here {% endhint %}
Delegators can enable Restaking independently for every validator they stake with using the set-auto-restaking
command available in SecretCLI or on any UI implementing the Secret.JS command.
The feature only activates if the delegator has a balance with the validators larger than minimum_restake_threshold
which is currently set to 10 SCRT
{% hint style="success" %} Start autocompouding your rewards now at the Secret Dashboard! {% endhint %}