Network Share: You typically don’t want to choose a validator with the highest voting power or a validator with a low network share. Validators that are active have a green ‘Active’ label. Validators Self-Staked balance: A provider that has a high amount of staked tokens likely has more incentive to continue operating their services as they have more to lose than those with low self-staked balances.Ĭurrent Status: You can see whether the validator is currently active or not by checking the validator list shown on this page. Number of Users: A high number of delegators could indicate positive sentiment towards a validator. Keep in mind that validators can adjust their commission rates up or down over time. A high commission rate means your rewards will be lower whilst a low commission rate could mean that the validator is not profitable and could cause issues for them in the future. There are many metrics to consider when selecting a validator to delegate to:Ĭommission Rates: The commission rate a validator charges is the % of your reward that the validator keeps for themselves. Our VSP documentation contains further details about the program, Staking Providers that are part of the VSP will have a blue checkmark displayed next to their names here. Through this program, we thoroughly scrutinize potential validators, evaluating factors such as security measures, their on-chain reliability, their provider setup, and value-added services for the whole ecosystem. It is essential for users to stake their PoS tokens with dependable and highly performant validators, which is why we have rolled out our Staking Rewards Verified Staking Provider (VSP) Program in June 2022.
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