MFEV Docs
  • Summary
  • DOCUMENTATION
    • Learn about the MFEV Blockchain
      • MFEV Blockchain Overview: Vision, Strategy and Platform components
      • The MFEV Blockchain
        • Discovering the Network
        • Delegation through Staking with Validators
        • Ethereum (EVM) Compatibility and Smart Contracts
        • Boosting MFEV Blockchain's Scalability
      • MFEV Blockchain Coin (MFEV)
      • Interoperability
      • MFEV Blockchain Governance and Development
    • MFEV Blockchain for Business
    • Exchanges,Wallets,On-Ramps and Defi Tools Supporting MFEV
  • Developers
    • Network Details
      • MFEV Blockchain Mainnet
      • MFEV Blockchain Testnet
    • MFEV Blockchain Consensus
      • Stake, Delegate and Withdraw
      • End-of-Cycle Flow
      • Contract Addresses
    • How to run network nodes
    • Tokenomics
    • Resources & Tools
      • WalletConnect on MFEV Blockchain
    • How to become a validator
      • Getting started as a validator
      • Getting started as on the MFEV Blockchain mainnet
      • Getting started as on the MFEV Blockchain testnet
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  1. DOCUMENTATION
  2. Learn about the MFEV Blockchain
  3. The MFEV Blockchain

Delegation through Staking with Validators

PreviousDiscovering the NetworkNextEthereum (EVM) Compatibility and Smart Contracts

Last updated 8 months ago

As discussed on the previous page, MFEV Network validators can boost their share of the overall consensus stake by attracting funds from other users who do not run validator nodes themselves.

Those users are referred to as 'delegators.' A delegator is free to choose any validator (or validators) and stake any amount of MFEV Coin with them to participate. The most convenient way to delegate MFEV Coin to a validator is via the MFEV Network Staking .

A delegator receives the share of MFEV Network block rewards proportionate to their stake minus the fee paid to their chosen validator. The minimum fee is currently set at 10%. This value was chosen to mitigate the risk of validator consolidation through offering very low delegation fees.

Currently, delegators are allowed to unstake their MFEV Network at any time but plans are in motion to introduce a minimum staking period.

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