The decentralized Validator Nodes for CORE are set, and delegating functions enabled, as verified from the Core Chain MainNet explorer webpage.
Users of CORE in over 200 countries globally are presently seeking clarification regarding the exact or actual rewards they can earn by delegating their holdings to any active validator of their choice, with regards to the APR (Annual Percentage Rate).
Validators are responsible for producing blocks and validating transactions on the Core Network, while holders/users of $CORE are eligible to participate in staking by delegating their holdings to any active validator of their choice.
Basically, the major reasons why users may not get accurate calculation of the daily rewards before delegating their $CORE is due to the fluctuating ratio of the APR. Firstly, APR as a reward measurement is wrong based on the Core chain Protocol. The Core protocol distributes rewards daily, not yearly, but you still can’t know your reward beforehand.
Read Also: The term “Mining” in CORE, PI Network and similar Crypto projects – Full Report
Verifiably, nothing is fixed between Validators and Delegators on the Core chain. You have the power to make frequent changes based on your choice anytime, and the system can’t predict your next move.
Rewards are not fixed on the Core chain. That is, the rewards Validators receive are not the same for each day because the source of reward which is transaction fees changes according to the number of transaction in a day, and Block production rewards also changes according to how many times a validator had the chance to validate transactions.
Validators do not have the same number of Delegators under them each day and the system can’t tell how many numbers of delegators will register under a validator, so the system can’t share rewards without knowing the number of delegators under a validator.
Validator commission is not fixed. A validator may decide to change his commission to woo more delegators at every round because the number of delegators under a validator is how they are elected for block production. So the system can’t tell what a Validator reward will be in the next round and the staking reward cannot be calculated beforehand.
#CoreDAO Guidelines for #CORE Airdrop distribution on Satoshi App
A delegator may decide to change validators regularly based on regular increased or decreased validator commissions to leverage their daily rewards. The system can’t tell what action a delegator may take next and which validator he may decide to pitch under in the next round.
Delegators’ stakes are not fixed and you know your rewards are calculated according to the size of your stake. A delegator may decide to increase or reduce his/her staking size as the need arises. The system can’t tell you your next move, hence your reward cannot be calculated beforehand.
A Jailed Validator may impede your reward production and the system can’t tell which validator will be jailed next to accurately calculate your reward.
A case study is Renec staking. Renec uses DPoS like the CORE Chain and their APR section has no reward percentage till today because of the freedom of changes you can make at any time, which the system cannot predict.
In conclusion, because all activities on the chain vary according to Validators’ and Delegators’ interests (choice), the system can’t tell your choices before you make them, and hence can’t calculate your rewards before you stake them. You can only know your reward at the end of every 24 hours of your staking, which is when rewards are distributed.
Stay informed CORE users, join our Telegram Group, Twitter Community and the Announcement Channel for updates about the Airdrop Distribution, Delegating (Staking) of CORE, DEX Swapping, Listing and Trading CORE on Exchanges. Good luck everyone.
Comments on “Core DAO: How Delegators earn from Validators”
Please i forgot my login password. I need help on how recover
Ok you can reset your password through the email that you opened the account