Update Delegate Reward Rate

Update the delegate reward rate on the subnet node.

This can be called once every 24 hours and if the new reward rate is a decrease from the previous, the rate can only be decreased by 1%.

CLI

python -m subnet.cli.hypertensor.subnet_node.update_reward_rate --subnet_id [int] --delegate_reward_rate [float]

CLI example

python -m subnet.cli.hypertensor.subnet_node.activate --subnet_id 1

Parameters:

--subnet_id: The ID of the subnet. This can be checked by querying the model path through the SubnetPaths storage element.

--delegate_reward_rate: The delegate reward rate as a float.

--local: (Optional) Argument for local testing to use the LOCAL_RPC environment variables.

This will:

• Update the reward rate for users who delegate stakes to the subnet node.

Note:

The rate can be decreased up to 1% daily.