What is a P-Rep?

A Public Representative (P-Rep) is a block validator on the ICON Network that participates in consensus and governance

P-Reps consist of the top 22 Main P-Reps and 78 Sub P-Reps, and are elected by ICONists (ICX token holders). 1 ICX token is worth one vote.

All P-Reps (Main and Sub) earn Representative Rewards based on how many votes they received from ICX holders.

Main P-Reps are responsible for producing and validating blocks. This earns them extra rewards called Block Validation Rewards.

For more information, please visit ICON documentation here.