Being built on the Cosmos & Tendermint protocol, Bluzelle uses Delegated Proof of Stake Consensus (dPoS). This not only ensures the integrity of the network, but also allows every token holder, regardless of technical expertise, to participate in securing the network and earning transaction fees and rewards.
This guide will walk through how you can delegate your tokens to your chosen validators. This is currently connected to the testnet. Before you started, make sure you have created a Bluzelle wallet and have some token balance in your account.
On your dashboard, click “Stake BNT”. You can view the list of validators that you can delegate your tokens to.
Click on one of the validators, review their information and commissions.
Click “Stake”. Enter the BNT amount and confirm the transaction. Please note that for each staking transaction, their will be a transaction fee of 2 BNT.
Go to “My Account”, you can view your BNT balance and the amount that you have delegated to each of the validators.
You can check out the explorer here. You can see both your previous transactions (receiving 2000 BNT and delegated BNT to one of the validators).
Feel free to check out other parts of the explorer and get more insight from the Bluzelle Chain.
For delegation rewards, check out the "Rewards" page for full details.
