Sui is a permissionless layer 1 blockchain designed to be both developer and user-friendly. It can support a wide range of application development with unrivaled speed at low cost.In exchange for operating and securing the network, the validator receives staking rewards in the form of SUI tokens. The rewards are distributed to all token holders who delegated to that validator’s stake, minus a small commission fee paid to the manager of the validator.
Coinbase may change our commission fee during the lifetime of this validator to ensure we are never running an outsized portion of the network on our node.