Node Delegation

How to Delegate

Pool Fee for Delegation

The pool fee represents the percentage of rewards that a pool operator receives from delegations. For example, if a pool sets a 10% fee, it will retain 10% of the daily rewards earned by each new delegation. This fee is fixed at the time of delegation, meaning any future changes to the pool’s fee do not affect existing delegators. So, if a pool increases its fee to 15%, only new delegations will adopt the updated rate, while existing ones will continue at 10%.

Currently, delegations do not automatically adjust when the fee changes, and pool operators cannot remove delegators. To apply a new fee to existing delegators, users must manually undelegate and redelegate, which results in forfeiting a day of rewards. If a pool operator wants to remove all current delegations, the only option is to retire the existing pool and create a new one.