Becoming a delegator is surprisingly simple. @swisstronik- provides an intuitive interface for $SWTR holders to participate in. Here's a quick rundown of how the process works:

🥇 Delegate Transaction: To begin staking, a delegator sends a "Delegate transaction," specifying the number of SWTR tokens to bond and the validator they wish to support.

🥈 Unbonding: If a delegator decides to remove their stake from a validator, they can send an "Unbond transaction." After doing so, there is a 3-week waiting period before retrieving the SWTR tokens.

🥉 Rebonding: Rather than waiting for the unbonding period, delegators have the flexibility to send a "Rebond Transaction" to switch to a different validator instantly. This fluidity ensures that delegators can respond quickly if their chosen validator isn’t performing well.

#SWTR #Layer1 #Swisstronik #CosmosSDK #blockchain #Web3 #DeFi #TradFi

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