Staking vs delegating: what is the difference?

Staking

In the strict sense, staking is what a validator does: lock up its own tokens so it is allowed to produce and check blocks. Running a validator yourself means buying the minimum stake, renting servers and watching them around the clock.

Delegating

Delegating lets you take part without running anything. You assign your funds to a validator, which adds them to its stake. The validator does the work, the network pays it, and you receive your share of those rewards after the validator's commission.

Which should you choose?

• Run your own validator if you hold a large amount, have engineering skills and can monitor servers day and night.
• Delegate if you want to take part simply, with no servers, keys or upgrades to manage.

Delegating with Evernodes

With Evernodes you deposit USDT, choose a network and delegate to the validator we run there. Rewards follow what the validator earns and are credited to your account every day.