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NORDEK
  • Summary
  • DOCUMENTATION
    • Learn about the Nordek Platform
      • Nordek Overview: vision, strategy and platform components
      • The Nordek Blockchain
        • Discovering the Network
        • Nordek Consensus
        • Delegation through Staking with Validators
        • Ethereum (EVM) Compatibility and Smart Contracts
        • Boosting Nordek's Scalability
      • Nordek Token (NRK)
        • NRK Tokenomics
        • Exchanges, Wallets, On-Ramps and DeFi Tools Supporting NRK
        • NRK on Other Chains
      • Interoperability
      • Nordek Governance and Development
        • Nordek Assembly
        • Nordek Improvement Proposals (NIPs)
      • Wallets supporting Nordek
    • Nordek for Business
    • Things you can do on Nordek
      • Interacting with the Nordek Blockchain
      • Nordek Ecosystem
      • Community
      • Grants and Bounties
    • Nordek Mobile Infrastructure Use Cases
  • DEVELOPERS
    • Network Details
      • Nordek Mainnet
      • Nordek Testnet Spark
      • Token Faucets
      • Network Upgrades
        • Upgrade Guide
        • Upgrade Guide (explorer nodes)
        • Block 13,800,000 Fork
        • NIP's
    • Nordek Consensus
      • Contracts Overview
      • Stake, Delegate and Withdraw
      • Vote
      • End-of-Cycle Flow
      • Contract Addresses
    • How to run network nodes?
    • Resources & Tools
      • TheGraph
      • WalletConnect on Nordek
      • Supra Oracles
    • How to become a validator?
      • Getting started as a validator
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  1. DOCUMENTATION
  2. Learn about the Nordek Platform
  3. The Nordek Blockchain

Delegation through Staking with Validators

PreviousNordek ConsensusNextEthereum (EVM) Compatibility and Smart Contracts

Last updated 1 year ago

As mentioned previously, Nordek validators have the opportunity to increase their share of the overall consensus stake by attracting funds from users who do not run validator nodes themselves. These users are known as "delegators." A delegator has the freedom to select any validator (or multiple validators) and stake any amount of NRK tokens with them to participate in the consensus.

The Nordek Staking provides a convenient way for delegators to delegate their NRK tokens to a validator. By doing so, delegators are entitled to receive a share of the Nordek block rewards that is proportionate to their stake, minus the fee paid to their chosen validator. The minimum fee currently stands at 15%. This fee percentage has been set to prevent excessive consolidation of validators by discouraging very low delegation fees.

At present, delegators have the flexibility to unstake their NRK tokens at any time. However, plans are underway to introduce a minimum staking period, which would impose a required duration for which tokens must remain staked.

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