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Copy file name to clipboardExpand all lines: website/pages/en/network/delegating.mdx
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@@ -8,7 +8,7 @@ Delegators are network participants who delegate (i.e., "stake") GRT to one or m
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- They earn a portion of an Indexer's query fees and rewards by delegating to them.
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**How does this work?**
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## How does this work?
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- The number of queries an Indexer can process depends on their own stake, **the delegated stake**, and the price the Indexer charges for each query. Therefore, the more stake allocated to an Indexer, the more potential queries an Indexer can process.
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@@ -44,7 +44,7 @@ As a Delegator, it's important to understand the following:
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Whenever a Delegator wants to undelegate, their tokens are subject to a 28-day unbonding period. This means they cannot transfer their tokens or earn any rewards for 28 days.
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**Why is this important?**
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### Why is this important?
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If you choose an Indexer that is not trustworthy or not doing a good job, you will want to undelegate. This means you will be losing a lot of opportunities to earn rewards, which can be just as bad as burning GRT. As a result, it’s recommended that you choose an Indexer wisely.
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@@ -62,7 +62,6 @@ In order to understand how to choose a trustworthy Indexer, you need to understa
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-**Indexing Reward Cut** - The portion of the rewards the Indexer will keep for themselves.
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- If an Indexer's reward cut is set to 100%, as a Delegator, you will get 0 indexing rewards.
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- If it is set to 80% , as a Delegator, you will receive 20%.
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> Note: At the beginning of the network, Indexing Rewards will account for the majority of the rewards.
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<divsx={{ mx: 'auto', maxWidth: '700px' }}>
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*The top Indexer is giving Delegators 90% of the rewards. The
@@ -71,8 +70,6 @@ In order to understand how to choose a trustworthy Indexer, you need to understa
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-**Query Fee Cut** - This is just like the Indexing Reward Cut, but it applies to returns on the query fees that the Indexer collects.
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> Note: At the start of the network, returns from query fees will be very small compared to the indexing reward. It is recommended that you pay attention to the network to determine when the query fees will start to become more significant.
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As you can see, in order to choose the right Indexer, you must consider multiple things.
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- It is highly recommend that you explore [The Graph Discord](https://discord.gg/graphprotocol) to determine which Indexers have the best social and technical reputations and which reward Delegators consistently.
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Delegators should consider the proportion of the Delegation Pool they own.
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-All delegation rewards are shared evenly, with a pool rebalancing based on the amount the Delegator deposited into the pool
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All delegation rewards are shared evenly, with a pool rebalancing based on the amount the Delegator deposited into the pool
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This gives the Delegator a share of the pool:
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@@ -112,9 +109,9 @@ This gives the Delegator a share of the pool:
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Finally, consider the delegation capacity.
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-Currently, the Delegation Ratio is set to 16.
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Currently, the Delegation Ratio is set to 16.
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**Why does this matter?**
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### Why does this matter?
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This means that if an Indexer has staked 1,000,000 GRT, their Delegation Capacity is 16,000,000 GRT of Delegated tokens that they can use in the protocol. Any delegated tokens over this amount will dilute all the Delegator rewards.
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