How to Delegate $CORE and Earn Rewards

You can delegate your $CORE holdings and participate in the protocol’s long-term success while earning rewards.

Easy Guide to Delegate $CORE on Core DAO

Staking is vital to the Core network’s overall operation. When stakers delegate their $CORE coins to validators who successfully verify transactions, they earn a share of the validators’ CORE rewards.

Becoming a delegator on Core DAO is the best way to participate in the protocol’s long-term success. It is an active and direct way of supporting the network’s aspirations.

The Satoshi Plus consensus, which utilizes Delegated Proof of Stake (DPoS), enables users to delegate their staked tokens to validators. Further, holders can delegate to any validator. Here is how to delegate your $CORE holdings and earn rewards:

  • Open Browser in Metamask Wallet. Ensure that you have added the Core Mainnet to Metamask before you proceed.
  • You can learn how to add Core Mainnet to Metamask HERE.
  • Open this link (stake.coredao.org) in the Metamask Browser.
  • Scroll down, and you will see a list of validators with their commissions and Annual Percentage Rates (APR).
  • Click on any of the validators and select delegate. You will be prompted to connect your wallet after clicking the button.

What is Core DAO:

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem’s history and an even greater excitement for Core’s role in its future.

Where to find Core DAO:

Website | Docs | Twitter | Discord

Source : bsc.news

Leave a Reply

Your email address will not be published. Required fields are marked *