Ecrox Chain Documentation
  • Summary
  • DOCUMENTATION
    • Learn about the Ecrox Platform
      • Ecrox Overview: vision, strategy and platform components
      • The Ecrox Blockchain
        • Discovering the Network
        • Ecrox Consensus
        • Delegation through Staking with Validators
        • Ethereum (EVM) Compatibility and Smart Contracts
        • Boosting Ecrox's Scalability
      • Ecrox Coin (ECROX)
        • ECROX Tokenomics
        • Exchanges, Wallets, On-Ramps and DeFi Tools Supporting ECROX
        • ECROX on Other Chains
      • Interoperability
      • Ecrox Governance and Development
      • Wallets supporting Ecrox
    • Ecrox for Business
    • Things you can do on Ecrox
      • Interacting with the Ecrox Blockchain
      • Ecrox Ecosystem
      • Community
      • Grants and Bounties
  • Developers
    • Network Details
      • Ecrox Mainnet
      • Ecrox Testnet
      • Token Faucets
      • Network Upgrades
        • Upgrade Guide
        • Upgrade Guide (explorer nodes)
        • Block 13,800,000 Fork
        • FIP's
    • Ecrox Consensus
      • Contracts Overview
      • Stake, Delegate and Withdraw
      • Vote
      • End-of-Cycle Flow
      • Contract Addresses
    • How to run network nodes
    • Resources & Tools
      • TheGraph
      • WalletConnect on Ecrox
    • How to become a validator
      • Getting started as a validator
      • Getting started as on the Ecrox testnet
  • Links
    • Facebook
    • Twitter
    • Instagram
    • LinkedIn
    • Medium
    • Reddit
    • Pinterest
    • Youtube
    • GitHub
    • Telegram Group
    • Telegram Channel
Powered by GitBook
On this page
  1. DOCUMENTATION
  2. Learn about the Ecrox Platform
  3. The Ecrox Blockchain

Delegation through Staking with Validators

As elaborated earlier, Ecrox validators can expand their share of the consensus stake by attracting funds from users who opt not to run validator nodes, known as "delegators." Delegators have the freedom to select any validator(s) and stake any amount of ECROX with them through the Ecrox Staking platform for participation.

When a delegator stakes ECROX with a validator, they receive a portion of Ecrox block rewards proportional to their stake, minus the fee paid to the validator. The minimum fee currently stands at 5%, a deliberate measure to prevent excessive consolidation among validators by discouraging very low delegation fees.

Presently, delegators retain the option to unstake their ECROX at any time. However, there are plans underway to introduce a minimum staking period to enhance network stability and incentivize longer-term participation.

PreviousEcrox ConsensusNextEthereum (EVM) Compatibility and Smart Contracts

Last updated 1 year ago