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  1. OneFinity Protocol
  2. Protocol Rewards

Delegators

Rewards for delegators in OneFinity

In a Proof of Stake (PoS) network, delegators are individuals who stake their tokens with a validator. In return, they receive a portion of the validator's rewards.

The amount of rewards a delegator receives depends on a number of factors, including:

  • The amount of tokens that have been delegated

  • The validator they have delegated to

  • The network's transaction volumes

  • The fee charged by the validator

In general, the more staked tokens a delegator has, the more rewards they will receive. This is because validators with more tokens staked have a greater chance of being selected to propose a new block.

The validator a delegator chooses, also affects their rewards. Validators with a higher uptime and a lower block miss rate will typically generate more rewards for their delegators.

Finally, the network's transaction volumes also affects delegator rewards. When there is a high volume of transactions, validators will receive more rewards, and these rewards will be passed on to their delegators.

Delegator rewards in OneFinity are paid out in ONE, the network's native token. The amount of rewards a delegator receives is proportional to the amount of staked tokens they have delegated and the network's transaction volume.

To become a delegator in OneFinity, you must have the following:

  • Have a minimum amount of ONE (TBA)

  • Choose a validator to delegate to

  • Delegate your stake to the validator

Here are some additional benefits of delegating ONE tokens to OneFinity:

  • It is a low-risk way to earn rewards.

  • It does not require any technical expertise.

  • It helps to secure the network.

If you are interested in earning rewards from a PoS network, delegating is a great option.

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Last updated 1 year ago