Delegated staking is an exciting and necessary component of the ar.io network, increasing broader participation and investment in the network's security and operations.
How It Works
Introduction to Delegated Staking: Token holders can stake their tokens with gateways, sharing in the rewards.
Benefits: Increases of overall stake in a gateway creates trust and signals of reliability and performance .
Key Features
Risk and Reward Sharing: Delegates share in the protocol rewards accumulated by the gateway.
Flexibility: Operators can choose to accept delegates and how much they can add to their gateway. Delegates can adjust their stake, enhancing their control over investment.
Implementation
Protocol Rewards: Rewards are distributed proportionally among the gateway's delegates.
Non-Protocolized Incentives: Gateways may offer additional benefits to delegates, like privileged data access.
Managing Delegated Stakes
Adjustments and Withdrawals: Delegates can increase, decrease, or withdraw their stake with minimum duration restrictions of 30 block-days.
Automated Returns: If a gateway exits, stakes are automatically returned to delegates.
Criteria and Values
Minimum Stake: Global minimum stake is 500 ɸ (IO Tokens)
Maximum Stake: Global maximum stake is 10000 ɸ (IO Tokens)
Reward Share Ratio: A gateway-specific percentage of rewards shared with delegates.
Delegated staking increases participation in the network, allowing token holders to contribute to and benefit from the network's growth and security.
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