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{{#seo:
{{#seo:
|title= Delegation
|title= Delegation — Instruction on Decimal Wiki
|titlemode=append
|titlemode=append
|keywords= Delegation, staking, staking, delegate, how to delegate coins, delegation cryptocurrency, staking cryptocurrency, mining cryptocurrency, mining, earn cryptocurrency, mine cryptocurrency, mine, staking DEL, staking DEL
|keywords= Delegation, staking, staking, delegate, how to delegate coins, delegation cryptocurrency, staking cryptocurrency, mining cryptocurrency, mining, earn cryptocurrency, mine cryptocurrency, mine, staking DEL, staking DEL
|description= Decimal instruction. How to delegate coins to DecimalChain
|description= Decimal instruction. How to delegate coins to DecimalChain
}}
}}
<div class="mikio-article-content">
{{manual-console}}
<div class="mikio-tags">
{{main article|Delegation}}
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You can delegate your [[coin]]s to [[validator]]s and receive [[reward]]s based on the terms of participation in delegation.


<span id="Delegation"></span>
== How to choose a validator ==
= Delegation =
{{main article|Instruction:How to choose a validator}}
Before delegating your funds, you need to choose a validator based on various criteria:


You can delegate your coins to validators and receive rewards based on the terms of participation in delegation.</br>
'''Validator commission.'''


The '''Delegation section (1)''' can be found in the Decimal console at https://console.decimalchain.com/delegation under the '''Delegate tab (2):'''</br>
It doesn't matter which validator you delegate your funds to - you will receive the same reward. However, each validator can set their commission from 0 to 100% of the rewards paid to their delegators. Once the validator's node is launched, they cannot change their commission, so it is more beneficial to choose a validator with the lowest commission.
[[File:Delegation_1.png|700px|class=mediacenter]]</br></br>


To delegate coins, fill in the corresponding fields ('''Advanced mode (6)''' is used):</br>
'''Validator's reliability.'''
[[File:Delegation_2.png|700px|class=mediacenter]]</br></br>


1. Copy the '''Validator Address.''' It always starts with '''[d0valoper...]'''</br>
A validator invests real money in servers and other conditions for uninterrupted internet connectivity because otherwise, they will lose their profit and the profit of their delegators due to penalties. It is important to take this matter seriously and study the history of penalties received by the validator (if any), as well as review information about the technical and software equipment of the node.
2. Select the '''Coin to send.'''</br>
3. Enter '''the amount of coins to delegate.'''</br>
4. Enter a '''message''' if necessary. Note that this comment will be stored on the blockchain and will be public. Maximum number of characters: 200.</br>
5. Select the '''Coin to pay the fee.'''</br>
6. Advanced mode toggle.</br>
7. '''Delegate button.''' Used to create a Delegation transaction.</br></br>


Click '''Delegate (7):'''</br>
'''Bonuses, promotions, and cashbacks.'''
[[File:Delegation_3.png|700px|class=mediacenter]]</br></br>


Check the details:</br>
To attract delegators to their node, each validator can offer various bonuses, such as cashback in the form of daily returns of a portion of the commission to the delegator's account.
1. '''Validator address.'''</br>
2. Review the '''fees.'''</br>
3. Click '''Confirm.'''</br></br>


Upon successful transaction, you will see a corresponding notification:</br>
== How many coins to delegate? ==
[[File:Delegation_4.png|700px|class=mediacenter]]</br></br>
Each validator has 1000 slots for delegation. Each individual slot is intended to hold funds from 1 delegator in a separate coin. For example, if a delegator sends 2 amounts: 1000 DEL and 1000 SOMEcoin, they will occupy 2 slots. If a delegator sends 1000 DEL first and then another 2000 DEL, these coins will be summed up in 1 slot.


You have access to the '''Transaction Hash (1),''' which displays all the information recorded on the Decimal blockchain.</br>
All slots are sorted by size in terms of DEL. Once all 1000 slots of a validator are filled, there is a restriction on the amount of delegated funds. Any new 1001st delegator cannot delegate an amount less than the amount in slot #1000. When a new delegator sends an amount greater than the amount in slot #1000, their funds take their place, "knocking out" the smaller stake. The funds from slot #1000 are undelegated and instantly returned (unlocked) to the delegator's account.


Click '''OK (2).'''</br>
== Delegation process ==
{{main article|Instruction:How to delegate your coins}}
The '''Delegation section (1)''' can be found in the [[Decimal Console]] at https://console.decimalchain.com/delegation under the '''Delegate tab (2)''':
[[File:Delegation_1.png|700px|thumb|left]]<br clear="all">


In the '''Transactions block''' of the '''Dashboard,''' you can observe the transaction:</br>
To delegate coins, fill in the corresponding fields ('''Advanced mode (6)''' is used):
[[File:Delegation_5.png|700px|class=mediacenter]]</br></br>
[[File:Delegation_2.png|700px|thumb|left]]<br clear="all">


[[Category:Instructions]]
:1. Copy the '''Validator Address.''' It always starts with '''[d0valoper...]'''
:2. Select the '''Coin to send.'''
:3. Enter '''the amount of coins to delegate.'''
:4. Enter a '''message''' if necessary. Note that this comment will be stored on the [[blockchain]] and will be public. Maximum number of characters: 200.
:5. Select the '''Coin to pay the fee.'''
:6. Advanced mode toggle.
:7. '''Delegate button.''' Used to create a Delegation [[transaction]].
 
Click '''Delegate (7):'''
[[File:Delegation_3.png|700px|thumb|left]]<br clear="all">
 
Check the details:
# '''Validator address.'''
# Review the '''fees.'''
# Click '''Confirm.'''
 
Upon successful transaction, you will see a corresponding notification:
[[File:Delegation_4.png|700px|thumb|left]]<br clear="all">
 
You have access to the '''Transaction Hash (1)''', which displays all the information recorded on the Decimal blockchain.
 
Click '''OK (2)'''.
 
In the '''Transactions block''' of the '''Dashboard''', you can observe the transaction:
[[File:Delegation_5.png|700px|thumb|left]]<br clear="all">
 
== What if the validator goes offline? ==
If the validator's node is disconnected for an extended period of time or permanently for any reason, rewards will not be accrued. However, all delegated funds will remain staked until the delegator creates an undelegate transaction. After that, the funds will be reflected in the balance after 432,000 blocks (~30 days).
 
== See also ==
* [[Instruction:How to delegate your coins]]
 
{{interwiki|ru=Делегирование}}
 
[[Category:Instructions:Delegating]]
Retrieved from "https://decimalchain.com/wiki/en/Special:MobileDiff/2642"

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