What is Delegation?

Delegation is the process of staking your tokens to a validator to participate in the network's consensus mechanism. By delegating, you help secure the network and earn rewards in return.

Delegate Vote Power

When you delegate with "Vote Power" set to true, you're also delegating your voting rights to the validator. This allows the validator to vote on governance proposals on your behalf. If set to false, you retain your voting rights while still earning staking rewards.

Important: Most users should set this to true unless you plan to actively participate in governance. Setting it to false may reduce your effective rewards in some cases.

Benefits

• •Earn passive income through staking rewards
• •Support the security and decentralization of the network
• •No technical expertise required
• •Maintain custody of your tokens

Risks

• •Locked tokens during the staking period
• •Potential slashing if the validator misbehaves
• •Rewards may vary based on network conditions
• •Unbonding period required to withdraw tokens