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Delegating Stake

Delegating Stake on the Allora Network

Delegating stake on the Allora Network is a way to earn passive rewards by supporting a reputer's operations. When you delegate funds to a reputer, you enhance their stake, which improves the security of topics and increases the accuracy of loss reports. In return, you receive rewards based on the reputer's performance.

Why Delegate Stake?

  • Passive Earnings: Delegators earn a portion of the rewards generated by the reputer's success.
  • Enhanced Security: Your stake contributes to the overall security and trustworthiness of the Allora Network.
  • Improved Accuracy: Higher stakes allow reputers to provide more accurate loss reports.
  • Withdrawal Safeguard: A withdrawal delay is in place to prevent quick attacks and ensure network stability.

How to Delegate Stake

Follow these steps to delegate your stake to a reputer node:

Visit the Allora Explorer

  • Go to explorer.allora.network.

Connect Your Wallet

  • Click on the "Connect Wallet" button at the top right of the page.
  • Choose your preferred wallet (Keplr, Leap) and connect to the network.

Navigate to Staking

  • Once connected, go to the "Staking" section from the navigation menu.

Select a Reputer

  • Browse the list of available reputer nodes.
  • Choose a reputer based on their performance metrics and reliability.

Delegate Your Stake

  • Click the "Delegate" button next to the chosen reputer.

  • Enter the amount you want to delegate.

  • Confirm the transaction in your wallet.

Monitor Your Delegation:

  • Track your stake and rewards over time in the explorer's dashboard.
TokenomicsConfidence Intervals