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Delegator: Difference between revisions
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→How to choose a validator?
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== How to choose a validator? == | == How to choose a validator? == | ||
{{main article|Instruction:How to choose a validator}} | |||
Before bonding your funds, you need to select a Validator according to various criteria: | Before bonding your funds, you need to select a Validator according to various criteria: | ||
'''Validator's fee.''' It doesn't matter which of the validators you delegate your funds to - you will receive the same remuneration. But each Validator can set his commission from 0 to 100% of the awards paid to his delegates. After the node is launched, the validator cannot change its fees, so it is more profitable to choose the validator with the lowest fee. | '''Validator's fee.''' It doesn't matter which of the validators you delegate your funds to - you will receive the same remuneration. But each Validator can set his commission from 0 to 100% of the awards paid to his delegates. After the node is launched, the validator cannot change its fees, so it is more profitable to choose the validator with the lowest fee. | ||
'''The reliability of the | '''The reliability of the validator.''' The validator invests real money in servers and other conditions for uninterrupted Internet connection, because otherwise he will lose his profit and the profit of his delegates due to fines. It is necessary to approach this issue seriously and study the history of fines already received from the validator (if there were any) and see information about the technical and software equipment of the node. | ||
'''Bonuses, promotions, cashbacks.''' To attract delegators to their node, each validator can offer various bonuses, for example, cashback in the form of a daily refund of part of the commission to the delegate's account. | '''Bonuses, promotions, cashbacks.''' To attract delegators to their node, each validator can offer various bonuses, for example, cashback in the form of a daily refund of part of the commission to the delegate's account. | ||