Natively Support Auto-Compounding of Staking Rewards

Moonbeam is happy to announce the activation of an oft-requested native auto-compounding option for staking rewards on Moonriver and Moonbeam with the passing of Runtime 1901 upgrade proposal.

Assuming the democracy proposal is passed, the auto-compounding capability will be located in the staking dapp and allows you to :

  • Add your staking rewards back to your delegation automatically.
  • Decide what percentage of staking rewards you would like re-delegated using the sliding bar under the delegation.
  • Tailor this function to your own needs when making a new delegation, or adjust it for existing delegations with one click.

Percentages are set to a default of 100% ready for your adjustment.

A more detailed technical description for this feature may be found in the Github pull request [

Adds ParachainStaking auto-compound feature by nbaztec · Pull Request #1828 · PureStake/moonbeam ], as well as a thorough changelog of the planned updates [Release Runtime 1900 · PureStake/moonbeam ].

If you would like to provide feedback or thoughts on this feature, please do so directly in the comments section of this article or here.

3 Likes

Yeah this is great, something that comunnity was waiting for

This feature is now enabled in both Moonriver and Moonbeam networks. Happy staking !