How to Choose a Reliable Validator on CNHO Stables Chain?
Selecting the right validator is crucial for maximizing your staking rewards and minimizing risks. Here’s a step-by-step guide based on the latest data from the CNHO Stables staking dashboard.
Why it matters: High uptime indicates a validator is consistently online, producing blocks and earning rewards.
What to look for: Validators with 99% uptime or higher are generally considered reliable. Avoid validators with frequent downtime, as this can lead to missed rewards or penalties.
Why it matters: The commission rate determines how much of your staking rewards the validator takes as a fee.
What to look for: A fair commission rate balances the validator’s operational costs with your returns. Rates around 5%–10% are typical, but rates significantly higher or lower may warrant further investigation.
By carefully evaluating these factors using the CNHO Stables staking dashboard, you can select a validator that aligns with your staking goals and risk tolerance.