Delegator FAQ
Delegating is the easiest way for any BTSG holder to participate in securing the BitSong network and earn staking rewards. This page covers everything you need to know — from choosing a validator to understanding risks and revenue.
What is a Delegator?
A delegator stakes their BTSG tokens to one or more validators, helping secure the network without running infrastructure. In return, delegators earn a share of block rewards and transaction fees.
Delegators play a critical governance role by selecting validators who act in the network's best interest. Staking to high-performing validators yields better rewards, while backing a misbehaving validator can result in slashing penalties that affect your stake.
How Delegation Works
Send a Delegate Transaction
Specify how many BTSG you want to bond and to which validator. Browse the validator set on the BitSong Explorer.
Earn Rewards
Your bonded BTSG earns block rewards and transaction fees, distributed proportionally to your stake (minus the validator's commission).
Unbond or Redelegate
To unbond, send an "Unbond transaction" — there is a 21-day unbonding period before your BTSG are released. To switch validators, use a "Redelegate transaction" which takes effect immediately.
Choosing a Validator
When selecting a validator on the BitSong Explorer, you can review the following information:
Delegator Responsibilities
Becoming a delegator is technically easier than running a validator, but it is not a passive role.
Due Diligence
Active Monitoring
Governance Participation
Revenue
Validators and delegators earn rewards from two sources:
Block Rewards
Transaction Fees
Commission Example
To understand how commission works, consider this scenario:
| Parameter | Value |
|---|---|
| Validator's share of total stake | 10% |
| Validator self-delegation | 20% |
| Validator commission rate | 10% |
| Total block revenue | 1,000 BTSG |
The validator's pool receives 100 BTSG (10% of total). Here's how it breaks down:
Commission = 10% × 80% × 100 BTSG = 8 BTSG
Validator revenue = 20% × 100 BTSG + 8 = 28 BTSG
Delegator revenue = 80% × 100 BTSG - 8 = 72 BTSG
Each delegator in the pool then claims their proportional share of the 72 BTSG delegator revenue.
Risks
Slashing
If a validator misbehaves, their stake — including all delegated funds — can be slashed. The primary slashing offense is double-signing: when a validator signs two different blocks at the same height with the same chain ID.