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The Quebtics delegator application provides a user-friendly interface for delegators to onboard and manage the delegated stake to associated validators.
Delegators actively participate in the Quebtics blockchain network by staking their own TICS Tokens to support the selection of trustworthy validators who verify transactions and maintain blockchain integrity and security. Delegators play a crucial role in the Qubetics consensus mechanism (DPOS), ensuring that validators act in the network's best interest. In return for their support, delegators are rewarded with a portion of the validators' earnings/rewards.
Delegators are essential participants in the consensus mechanism (DPOS) within the Qubetics ecosystem in making the network decentralized. Their role involves supporting the selection process of validators by delegating trusted validators who will be responsible for creating new blocks and validating transactions.
By delegating validators with TICS coins, delegators contribute to the decentralization of the validation process, which in turn enhances the security of the network. Unlike validators, who are active participants in the network by running a validator node and staking a significant amount in the network, delegators are considered passive participants in the Qubetics ecosystem.
Stake Amount: To become a delegator, a user would require a minimum of 50 TICS tokens in their wallet.
Note: A user will require sufficient TICS tokens to create a delegator bond and an additional amount for transaction fees.
Unbonding gives delegators flexibility and control over their staked funds. You may choose to unbond if:
You want to use your tokens for other purposes, such as trading or liquidity provision.
You wish to reallocate your stake to a different validator offering better rewards or lower commission rates.
The Funds Available to Unbond field displays the total number of staked TICS tokens currently eligible for unbonding. This reflects only tokens that are actively staked and not locked in any other process.
In the Unbond Amount field, specify the exact number of TICS tokens you want to unbond. This flexibility allows you to unbond a portion of your stake while leaving the remaining tokens staked to continue earning rewards.
If you wish to unbond all your staked tokens with the validator, click the Unbond All button. This action automatically populates the field with the maximum amount eligible for unbonding.
To confirm and execute the unbonding process, enter your wallet’s mnemonic phrase in the Enter mnemonics to authorize the transaction field. This is a mandatory security step to verify the transaction's authenticity and ensure that only the wallet owner can perform unbonding.
Once you have entered all details, take a moment to review everything carefully:
Verify the Unbond Amount to ensure it reflects your intended transaction.
Confirm the accuracy of your mnemonic phrase.
Click the Sign and Submit button to initiate the unbonding transaction. Your connected wallet application will prompt you to confirm the transaction details, including the amount to unbond and any associated fees. Approve the transaction to proceed.
The All Validators Screen provides a comprehensive overview of all validators in the network, regardless of their status. It allows users to view detailed information such as validator names, addresses, activity status (active, inactive, or deactivated), total stake, self-stake, commission rates, and the number of delegators.
To begin, use the Search Bar at the top of the dashboard to find specific validators. You can search by their name, address, or block hash.
To narrow down the list, you can apply filters based on the validators' statuses. These include:
All Validators: Displays every validator in the network, regardless of their status.
Active Validators: Shows validators that are currently participating and earning rewards.
Inactive Validators: Lists validators that are temporarily not validating blocks.
Deactivated Validators: Includes validators that are no longer a part of the network.
Once you have a refined list, the Validators Table provides detailed metrics to evaluate each validator. These include:
Name: The display name of the validator for easy identification.
Validator Address: The unique address associated with each validator.
Status: Indicates whether the validator is active (participating in validation and earning rewards) or inactive (temporarily not participating).
Total Stake: The total amount of tokens staked with the validator, including contributions from both the validator and delegators.
Self Stake: The number of tokens staked by the validator themselves, demonstrating their commitment to maintaining network performance.
Commission: The percentage of rewards the validator retains as a fee before distributing rewards to delegators. Lower commission rates mean higher rewards for delegators.
Delegators: The number of delegators who have staked tokens with the validator.
After analyzing the metrics, use the information to select validators for delegation or redelegation. If this is your first time delegating, focus on active validators with competitive performance metrics. Validators with a high self-stake, low commission rates, and a history of reliability are generally good choices.
If you are already delegating but want to switch to a different validator, use the redelegation option. Redelegation allows you to transfer your staked tokens from one validator to another without going through an unbonding period.
The user must log in to the Delegator application to become the delegator. By clicking the application link, the user will be redirected to the login page (Shown below) of the delegator Application.
Users need to enter their mnemonics in the input field and click the “Login” button to access the application. While users can view the list of validators without logging in, they must log in to stake tokens on a specific validator's node.
Redelegation allows you to transfer your staked tokens from one validator to another without waiting for the unbonding period. This provides flexibility to adjust your delegation based on validator performance, rewards, or risk preferences.
In the Select validator dropdown menu, choose the validator to whom you want to redelegate your staked tokens. The platform provides a list of active validators along with their details, such as commission rates and performance.
Tips for Validator Selection:
Low Commission Rates: Validators with lower commission rates allow you to retain a higher portion of your staking rewards.
High Performance: Choose validators with a good track record of uptime and no history of penalties or slashing.
Diversity: Consider diversifying your delegation across multiple validators to mitigate risks.
Enter your wallet's mnemonic phrase in the Enter mnemonics to authorize the transaction field. This verifies your identity and ensures only the wallet owner can initiate the redelegation.
Use the clipboard icon to securely paste your mnemonics if they are stored in a password manager.
Review all details before submitting:
Verify the selected validator is correct.
Ensure your mnemonic phrase is entered accurately.
Click the Redelegate button to initiate the redelegation process.
Your wallet may prompt you to confirm the transaction. Approve it to finalize the redelegation.
The "Bond More Funds" feature on the Qubetics platform allows users to increase their staked TICS tokens with an existing validator, boosting rewards and supporting network security.
In the "Enter amount" field, specify the number of TICS tokens you want to bond in addition to your existing stake. This amount will determine how much more you are contributing to the validator. Consider your overall staking strategy and ensure you leave enough tokens in your wallet for other potential transactions or fees.
If you wish to bond all available tokens in your wallet, click the "MAX" button. This will automatically populate the field with the maximum amount of tokens you have that can be bonded.
To proceed with bonding, enter your wallet's mnemonic phrase in the "Enter mnemonics to authorize the transaction" field.
If you have your mnemonics stored securely in a password manager, use the clipboard icon to paste them directly into the field.
Important: Only enter your mnemonic phrase on the official Qubetics platform. Never share your mnemonic with anyone or input it on unverified websites to protect your wallet and funds.
After entering the staking amount and mnemonic, carefully review all details to ensure accuracy. Check the amount to bond and confirm that the mnemonic phrase is correctly entered.
Once you are confident everything is accurate, click the "Bond More" button to initiate the transaction. Your wallet application will prompt you to confirm the transaction details, such as the amount and associated fees. Approve the transaction to finalize the process.
After submitting the transaction, the platform will take some time to process and update your account. A notification below the input fields states: "Your account status may take some time to update and reflect on the dashboard".
After successfully logging in, users will be redirected to the dashboard, where they can view their stats, wallet address (associated with the mnemonics used for login), and their account balance. First-time users won’t see the latest delegations on the validator's node. To proceed, they need to click on the "Become a Delegator" button, which will take them to a list of available validators on the Qubetics Network. Once a user stakes a minimum of 50 TICS on a specific validator, the updated delegation view will appear.
The top panel of the application displays the following blockchain statistics
FR 2.001a: Market Cap Displays the total value of all circulating TICS tokens, reflecting the overall valuation of the Qubetics ecosystem.
FR 2.001b: Qubetics Price Shows the real-time market price of TICS tokens. This is essential for understanding the value of your staked and unbonded tokens.
FR 2.001c: Inflation The annual rate at which new tokens are created and distributed within the network. Inflation impacts staking rewards and token supply.
FR 2.001d: APR (Annual Percentage Rate) Indicates the current staking yield, representing the rewards you can earn annually for staking TICS tokens. A higher APR means more potential rewards.
FR 2.001e: Total Supply Reflects the total number of TICS tokens available in the network, including circulating and staked tokens.
This section provides a snapshot of the delegator's staking activity:
FR 2.002a: Total Rewards Displays the cumulative rewards you’ve earned through staking. Rewards are distributed periodically based on validator performance and network participation.
FR 2.002b: Total Stake Amount Reflects the total number of TICS tokens you’ve delegated to validators. This includes active stakes across all validators in the network.
This is the central feature of the dashboard, enabling you to manage your interactions with validators effectively:
FR 2.003a: Name Displays the name of the validator node, helping you identify their roles and reputations.
FR 2.003b: Validator Address The blockchain address of the validator node, ensuring transparency and verifiability.
FR 2.003c: Bond Amount Reflects the number of TICS tokens you’ve staked with each validator.
FR 2.003d: Rewards Earned Shows the total rewards generated from staking with a specific validator.
FR 2.003e: Actions
Bond More: Allows you to stake additional TICS tokens with the selected validator.
Unbond: Lets you withdraw your staked tokens.
Redelegate: Enables you to transfer your staked tokens from one validator to another without going through the unbonding period.
This section provides a detailed log of your wallet’s interactions within the network. It ensures transparency and allows you to review past transactions:
FR 2.004a: Transaction Hash A unique identifier for each transaction. You can click the hash to view detailed information about the transaction.
FR 2.004b: Type Categorizes the transaction (e.g., staking, voting, unbonding, or redelegating), providing insights into your recent activities.
FR 2.004c: Amount Displays the number of TICS tokens involved in the transaction.
FR 2.004d: Status Indicates whether the transaction was "success", "pending", or "failed".
FR 2.005a: Delegating more Tokens
Click on the “Delegate More” button to view a list of available validators.
Review each validator’s performance metrics, including uptime, commission rates, and voting power.
Select a validator and specify the amount of TICS tokens you wish to delegate.
FR 2.005b: Bonding Additional Tokens
Navigate to the validator you’ve already delegated to.
Click “Bond More” to increase your staked amount.
FR 2.005c: Unbonding Tokens
Select a validator from the table and click “Unbond”.
Note that unbonded tokens will remain locked during the unbonding period, after which they will be available in your wallet.
FR 2.005d: Redelegating Tokens
Click “Redelegate” to shift your staked tokens from one validator to another.
Redelegation does not require an unbonding period, ensuring uninterrupted staking rewards.
Click on “View More” in the Recent Wallet Activities section to see a comprehensive transaction history. This includes all staking, unbonding, and governance participation activities.
Delegation allows you to stake your tokens with a validator of your choice. Validators perform critical network functions such as block validation and transaction processing. By delegating, you support the validator’s operations while earning rewards.
FR 4.001a: Amount to Stake
Enter the number of TICS tokens you wish to stake in the Enter amount to stake field.
Click the MAX button if you wish to stake the maximum number of tokens available.
FR 4.001b: Mnemonics Authorization
Enter your wallet's mnemonic phrase in the Enter mnemonics to authorize the transaction field.
Use the clipboard icon to paste your mnemonics securely if they are stored in a password manager.
Important: Ensure your mnemonic phrase is kept secure and never shared.
Double-check all details for accuracy.
Click the Sign and Submit button to initiate the bonding process.
Your wallet may prompt you to confirm the transaction.
After submitting, note the message below the input fields: "Your account status may take some time to update and reflect on the dashboard."
Check back later to confirm your transaction and view updated account details.
The Wallet Activities Page provides a detailed overview of all user interactions within the Qubetics blockchain ecosystem, specifically designed to offer insights for delegators.
A transaction hash is a unique alphanumeric string that identifies every transaction on the blockchain. This hash acts as a digital receipt for all interactions within the Qubetics network.
The "Type" column categorizes the nature of activities associated with each transaction. For delegators, the most common activities include voting on governance proposals, unbonding funds from validators, redelegating stakes between validators, and claiming staking rewards.
Voting enables users to actively participate in network governance, shaping the future of the ecosystem.
Unbonding allows users to unstake tokens from validators, while redelegation provides flexibility by transferring stakes to another validator without waiting for the unbonding period.
The "Amount" column displays the number of TICS tokens involved in each transaction. This feature provides delegators with a clear overview of token movements, whether they are staking, unstaking, or claiming rewards.
The "Status" column indicates the outcome of each transaction, reflecting its current state within the blockchain.
A successful status means the transaction has been processed and confirmed by the network, such as a successful staking or voting action.
A pending status suggests that the transaction is still being processed, which can occur during periods of high network activity or validator delays.
A failed status indicates an error, often due to insufficient gas fees, incorrect data, or network congestion.
Displays specific details about the selected validator, including:
Name: Validator’s display name (e.g., Sherlock Nodes).
Status: Indicates whether the validator is active, inactive, or deactivated.
Commission Rate: The current fee the validator charges on rewards.
Commission Max Rate: The maximum commission the validator is allowed to charge.
Commission Change Rate: How quickly the validator can change their commission rate.
Total Stake: The total amount of TICS tokens staked with the validator, including delegators' and self-stake.
Self Stake: The number of TICS tokens staked by the validator themselves.
Validator Since: The date when the validator was registered.
Delegators: The total number of delegators staking with this validator.
Delegate Button: This allows you to stake tokens with the selected validator directly from this screen.
