Delegate to an existing node
Hosted staking allows IDEX node operators to open their nodes to other IDEX holders. In return, hosted node operators receive a portion of the staking earnings from any additional IDEX tokens delegated to their node.
For IDEX holders:
Participate in IDEX staking without operating a node
No minimum IDEX required to participate in staking
Hosted staking is a free market, as node operators are able to set the fees on their nodes as they wish. Node operators are capped at a fee of 10%. If a node operator changes their fee the change will not go into effect until the next staking period. Users delegating their stake are responsible for choosing a hosted node based on their fee rate and uptime stats.
Step 1
Have your IDEX tokens available in your wallet or IDEX exchange balance, delegation can be performed both on Ethereum or Polygon chain.
Step 2
Connect your wallet holding the IDEX tokens to IDEX through one of the supported wallet options.
Step 3
Hover on “Rewards” on the top right corner then select “Staking” from the dropdown menu.
Step 4
Navigate to the delegate tab and click on the delegate tab under Hosts to delegate staking to a node.
Step 5
Congrats! You are now delegating and earning staking rewards! Keep in mind that delegated tokens are not locked in delegation node, therefore available to be traded on exchange.
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