🌐 What Is a Delegator on the CNHO Stables Chain?
On the CNHO Stables Chain, a delegator is a participant who contributes to the security and decentralization of the network by delegating CNHO tokens to validators. Delegators are essential to the Proof-of-Stake (PoS) consensus mechanism, helping maintain the integrity and reliability of the CNHO Stables Chain.🆚 Delegator vs. Validator: What’s the Difference?
| Role | Description |
|---|---|
| Validator | A node operator responsible for validating transactions, proposing blocks, and securing the chain. Must maintain uptime, performance, and infrastructure. |
| Delegator | A token holder who assigns (delegates) their CNHO to a validator to support the network and earn rewards without running a node. |
Key Differences:
- Responsibility: Validators operate and maintain infrastructure; delegators do not.
- Risk: Validators can be slashed for misbehavior; delegators share in that risk if delegated to them.
- Rewards: Both earn staking rewards; validators take a commission from delegators’ rewards.
- Participation: Delegators can redelegate or unbond anytime; validators must stay online and follow protocol rules.
🧠 Why Become a Delegator?
By delegating, you:- Earn staking rewards in CNHO tokens
- Support network security without technical responsibilities
- Retain ownership and control of your tokens (delegation ≠ transfer)
- Help govern the CNHO ecosystem by backing trusted validators
🛠️ How to Become a Delegator
Becoming a delegator on CNHO Stables is simple and requires just a few steps.🛠️ Step 1: Hold CNHO Tokens on CNHO Stables Chain
You must have CNHO tokens in a wallet that supports the CNHO Stables Chain, such as:- Keplr Wallet
- Leap Wallet
- Or any Cosmos-compatible wallet with CNHO Stables chain integration
🔍 Step 2: Choose a Validator
Navigate to the CNHO Stables Chain explorer or staking dashboard (coming soon on cnho.io) and review available validators. Key validator metrics to consider:- Commission rate
- Uptime and performance
- Community reputation
- Governance participation
🔐 Step 3: Delegate Your CNHO
Using your wallet:- Open the Staking/Delegate section
- Select a validator
- Enter the amount of CNHO you want to delegate
- Confirm and sign the transaction
⏱️ Step 4: Monitor and Manage
- You will automatically earn staking rewards
- You can redelegate to another validator at any time
- To unstake, initiate unbonding (usually takes 21 days)
🧾 Notes
- Minimum delegation amount: 1 CNHO
- Staking rewards frequency: Every block (~6 seconds)
- Delegators share both rewards and risks with the validator — if a validator is slashed (penalized), you may lose a portion of your stake