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| How do I choose a validator? | | How do I choose a validator? |
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| More information in the article: DecimalChain Delegators
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| | <div class="mikio-tags"> |
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| Сhoosing a validator is an important and timely question for any user in DecimalChain. In order to get the maximum benefit from staking, you need to take into account the validator's fee, the reliability of the node, bonuses and promotions during staking, the minimum stake for entry, and other indicators.
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| | | <span id="kak_vybrat_validatora"></span> |
| To become a network delegate, you need to take three steps — get DEL coins or other Decimal network coins, choose a validator, and bond your coins to the validator you chose. | | = How to choose a validator = |
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| The importance of choosing a validator
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| The basic remuneration for all validators is the same and depends only on the general network parameters. However, each validator offers different conditions for the delegators. Therefore, after carefully studying all the conditions, you can get additional benefits, such as a favorable validator fee, absence of penalties, permanent or one-time cashback, participation in promotions, and so on. | | "More information in the article: [[economic:delegirovanie|Delegates of DecimalChain]]" |
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| Poor performance of the validator can lead to penalties for errors in the form of missed blocks, node unavailability, and double signature. This, in turn, will lead to a loss of funds — burning part of the bonded funds or forcibly withdrawing funds from the staking. | | "'How to choose [[commoninfo:validators|validator]]"' is an important and timely question for any user in DecimalChain. In order to make the maximum profit from delegation, it is necessary to take into account the validator's fee, the reliability of the node, bonuses and promotions during delegation, the minimum stake for entry and other indicators. |
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| Therefore, there is a strategy of choosing several high-quality nodes with favorable staking conditions and distributing your stake among them. | | To become a delegator of the network, three things are necessary — get DEL coins [[coins:delcoin|DEL]] or other coins of the Decimal network, choose a validator and [[instructions:delegate|delegate]] your coins to him. |
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| List of validators | | </div> |
| | | <span id="vazhnost_vybora_validatora"></span> |
| Validator selection criteria
| | = Importance of choosing a validator = |
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| When choosing a validator, you need to consider the following criteria::
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| Reliability
| | The basic remuneration for all validators is the same and depends only on the general parameters of the network. However, each validator offers its own conditions for delegators. Therefore, after carefully studying them, you can get additional benefits, such as a loyal validator fee, absence of fines from validators, permanent or one-time cashback, participation in promotions, and so on. |
| The reliability indicator is the number of warnings and penalties previously imposed by the system on the validator.
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| | | Poor-quality operation of the validator can lead to [[commoninfo:validators#shtrafy|penalties]] for missed blocks (1% of the total stake) or double signature (5% of the total stake). This, in turn, will lead to losses of funds and burning of part of the delegated coins or the forced withdrawal of funds from delegation. |
| Validator strength (stake size)
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| This is the validator's own funds and his motivation to work stably and not fall under penalties. These are also funds of the delegators who`ve chosen this validator. Therefore, the larger the node's stake, the more reliable it can be.
| | Therefore, there is a strategy of choosing several high-quality validators with favorable delegation conditions and distributing their stake among them. |
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| Minimum stake
| | </div> |
| This indicator appears when the entire thousand slots (seats) of the validator have been filled. If the size of your stake is less than or close to the minimum validator stake, you need to choose a different node for staking.
| | <span id="spisok_validatorov"></span> |
| The minimum stake is not set by anyone. Each validator has a thousand stake slots available, the smallest of which is the minimum. When there is a person who wants to bond a large amount with all the validator's stakes occupied, the new stake automatically displaces the minimum one, and the funds of the departed delegator are immediately returned to his wallet.
| | = List of validators = |
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| Fee amount
| | <div class="level1"> |
| The validator's fee is another item of income from maintaining the network. The fee is set at the time of the candidate's application to the validators and cannot be changed further. The validator will deduct the specified fee from the delegator`s rewards.
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| | | To find a list of all validators, go to the official website and select "Browser" in the blockchain "Tools" [[File:Instructions-snimok_ehkrana_2022-03-15_v_14.53.07.png|1000px|class=mediacenter]] |
| Author: Renata Dimova
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| | | On the browser page, in the top menu, select "'"Blockchain""' , and then "'"Validators""' [[File:Instructions-snimok_ehkrana_2022-03-15_v_14.55.20.png|1000px|class=mediacenter]] |
| [[File:Instructions-snimok_ehkrana_2022-03-15_v_14.53.07.png|1000px|class=mediacenter]] | | |
| [[File:Instructions-snimok_ehkrana_2022-03-15_v_14.55.20.png|1000px|class=mediacenter]] | | </div> |
| | <span id="adres_validatora"></span> |
| | = Validator address = |
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| | <div class="level1"> |
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| | To delegate coins to the selected validator, you must specify his address in a special delegation form on your console. |
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| | Click on the copy icon under the Name of the validator to whom you want to delegate your stake and enter the address in the appropriate field of the form [[instructions:delegate|delegation]] . |
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| [[File:Instructions-snimok_ehkrana_2022-03-15_v_15.44.12.png|1000px|class=mediacenter]] | | [[File:Instructions-snimok_ehkrana_2022-03-15_v_15.44.12.png|1000px|class=mediacenter]] |
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| | </div> |
| | <span id="kriterii_vybora_validatora"></span> |
| | = Validator selection criteria = |
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| | <div class="level1"> |
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| | When choosing a validator, the following criteria should be taken into account: |
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| [[File:Instructions-snimok_ehkrana_2022-03-15_v_15.32.01.png|1000px|class=mediacenter]] | | [[File:Instructions-snimok_ehkrana_2022-03-15_v_15.32.01.png|1000px|class=mediacenter]] |
| [[File:valid1.png|1000px|class=mediacenter]] | | |
| | </div> |
| | <span id="propuski"></span> |
| | ===== Omissions ===== |
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| | <div class="level5"> |
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| | The reliability indicator is the number of penalties for omissions previously imposed by the system on the validator. |
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| | </div> |
| | <span id="komissija"></span> |
| | ===== Fee===== |
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| | <div class="level5"> |
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| | The validator's fee is income from maintaining the network. The fee is set at the time of the candidate's application for validators and cannot be changed further. The validator will charge the specified fee from the delegates' rewards. |
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| | </div> |
| | <span id="stejk"></span> |
| | ===== Stake ===== |
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| | <div class="level5"> |
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| | These are the funds of the validator combined with the delegate and his motivation to work stably and not fall under penalties. And also these are the funds of the delegators who have chosen this validator. Consequently, the larger the stake node, the greater the losses, including reputational ones, it will incur after receiving a fine, so validators with the largest stakes strive to protect themselves from errors as much as possible. |
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| | </div> |
| | <span id="minimalnyj_stejk"></span> |
| | ===== Minimum stake ===== |
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| | <div class="level5"> |
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| | This indicator appears when the whole thousand [[commoninfo:slot|slots]] (places) of the validator is filled in. If the size of your stake is less than the minimum stake of the validator or close to it, you need to choose another node for delegation. |
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| | '''The minimum stake is not set by anyone."' Each validator has a thousand slots available for stakes, the smallest of them is the minimum. When a person appears who wants to delegate a large amount with all the validator's steaks occupied, the new stake automatically displaces the minimum one, and the funds of the departing delegate immediately return to him to the active wallet address. |
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| | </div> |
| | <div style="clear:both"> |
| | </div> |
| | </div> |
| [[Category:Instructions]] | | [[Category:Instructions]] |
