Qubetics Docs
  • Getting Started
    • Quickstart
    • Network Architechture
    • Qubetics: TICS Token
    • Add Qubetics Network
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    • Testnet Node Setup
      • How To Become a Validator
    • Validator Application: User Guide
      • Validator Login
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      • Blocks Page
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        • Active Validators Tab
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      • Validator Details
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        • Profile Details
          • Bond More Funds
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          • Stop Validator
    • How To Become a Delegator
    • Delegator Application: User Guide
      • Login
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        • Bond More Funds
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        • Redelegate Funds
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    • Qubetics IDE User Guide
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  • Prerequisites
  • Steps to Become a Delegator
  • Responsibilities of Delegators
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  1. Getting Started

How To Become a Delegator

Prerequisites

  1. Wallet Setup

  • A Qubetics-compatible wallet

  • TICS Tokens: Ensure that 50 TICS tokens are held to participate in delegation.

  1. Understanding the Process

  • Familiarize yourself with the roles and responsibilities of validators.

  • Understand key metrics such as stake amount, commission rates, stake rewards, and the potential risks involved.

  • Gain basic knowledge of the unbonding period and how delegation works.

Steps to Become a Delegator

Step 1: Access Qubetics Delegator Application

  • Visit the delegator application, the official delegator application for Qubetics blockchain, to seamlessly onboard as a delegator in 4 easy steps.

  • Sign in with your wallet mnemonics in the application and click on “Become a delegator” button.

Step 2: Select a Validator

  • Evaluate validator performance metrics on the validator page, including:

    • Total Stake: The total amount of TICS token staked, including self-stake and stake delegated by delegators to the validator.

    • Commission Rate: The percentage of rewards retained by the validator as a fee before distributing the staked rewards to all the delegators.

    • Number of Delegators: Reflects the validator’s popularity and community support.

  • Choose a validator based on your preferences for reliability, reward potential, and trustworthiness.

Step 3: Delegate Tokens

  • Use the Qubetics Wallet TICS balance to delegate your tokens.

  • Specify the number of tokens to delegate.

  • Review and confirm the delegation process.

Step 4: Monitor Rewards

  • Regularly log into the delegator application to track staking rewards and validator performance.

  • Stay updated on any changes in validator metrics

Step 5: Re-Delegate or Withdraw Tokens

  • If you’re unsatisfied with your current validator, re-delegate your tokens to another validator.

  • Withdraw your staked tokens if needed, adhering to the unbonding period, during which your tokens remain locked before becoming accessible.

Responsibilities of Delegators

1. Choose Validators Wisely

  • Conduct thorough research on validator performance metrics, including reliability, commission rates, and reputation.

  • Avoid delegating to validators with high commission rates or poor uptime records to minimize risks.

2. Participate in Governance

  • Use your delegated tokens to vote on governance proposals, playing an active role in shaping the Qubetics ecosystem.

  • Stay informed about governance discussions and upcoming proposals.

3. Monitor Staking Activity

  • Regularly review validator performance and reward rates to ensure your tokens are aligned with the best options.

  • Stay proactive in re-delegating or withdrawing tokens if your current validator’s performance declines.

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Last updated 2 months ago