Delegation
Assigning your tokens to a validator without giving up ownership. The validator earns staking rewards and shares them with you minus a commission.
See also
Terms related to Delegation
-
Staking
Locking up a token to help secure its blockchain in exchange for periodic rewards, typically a percentage yield paid in the same token.
-
Validator
A computer that processes transactions and votes on the blockchain's state. In return for keeping the network honest it collects fees and staking rewards.
-
Validator Commission
The fee a validator takes from staking rewards before passing the rest to delegators. Often 5–15%; lower means more of the reward reaches you.