Zacky Mrf🔮🎩🇨🇭
@zackymrf
Delegators share revenue with validators but also share risks: - Revenue: Validators may apply a commission on the earnings before distributing them to delegators. The commission is known in advance and is subject to certain constraints. - Risks: Delegators’ SWTRs can be slashed (penalized) if their validator misbehaves. How to Become a Delegator 1. Delegate: SWTR holders send a "Delegate transaction" to bond tokens to a validator. A list of validators can be found on the Swisstronik block explorer. 2. Unbond: To unbond, delegators send an "Unbond transaction" and wait 3 weeks to retrieve SWTRs. 3. Rebond: Switch to a new validator with a "Rebond transaction" and skip the 3-week wait. Delegating is a key way to participate in the staking process and earn rewards while keeping validators accountable. #Layer1 #CosmosSDK #Token #EVM
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