The Delegator’s Guide to the PoS Blockchain

Published in

DELIGHT LABS

4 min readJun 2, 2023

When staking, how do you select a validator? What makes you decide to choose it? Fame, the highest voting power, or the lowest commission fee? While there are many considerations, we recommend prioritizing three key factors we value most: performance, contribution, and communication. Let’s break them down and understand why they are essential in a few cases!

Everything Everywhere All at Performance

For validators and delegators alike, slashing is one of the most fatal accidents. Therefore, performance is a factor that should be checked as a top priority. Validators’ performance isn’t just how fast it processes transactions; furthermore, it is more than the speed that encompasses many other factors, including stability and trustworthiness, to the network’s overall health and success.

For instance, you can see in the tweet below that even the most famous validators were not immune to losing credibility in UST-depeg crisis on the Terra blockchain last year, emphasizing the significance of durability and reliability. Although this event was an immense tragedy, it became a stage to test the resilience and dependability of validators, triggering hundreds of thousands of transactions.
https://twitter.com/GoldenStaking/status/1524143546701213696

Virtuous circle maketh Network

Validators are fundamentally the cornerstones of the network in terms of infrastructure, but they are also responsible for helping the network flourish as delegation grantees. Contributions to the network we validate can bring more value to the chain, creating a virtuous circle that empowers us to contribute even more.

By delegating to a validator who contributes to the network, you can earn rewards and support the work to grow faster!

So Long, and Thanks for All the messages

There are tons of memes on social networks to entertain and get people’s attention. It helps people to get interested in blockchain and make it more accessible. For a more active blockchain life, you will need tons of communication with other users and validators like us. However, when users often need someone to answer their questions, most users haven’t had a chance to talk to validators since there is rarely a channel to enter quickly.

Validators are one of the closest groups users can contact to understand the network as well as who understands the network best. In addition, they are always under an obligation to respond to their delegators’ questions, such as what’s the decision-making process in governance. In the same context as the virtuous cycle described above, it is particularly important to set up a place for the public since its history also serves as an archive for beginners to understand the network in depth. This factor is hard to measure but worth comparing as it can be a criterion of how engaged a validator is in the network.

DELIGHT as a Validator

DELIGHT LABS has been operating validators in various networks, and we’ve demonstrated our commitment since the beginning. Especially during UST-depeg event period mentioned above, we were proud to have our validator handle it without a single flaw.

Also, our team has built several decentralized exchanges(DEX) on various networks, and they have been helping users to trade their assets easily on their network. All of our DEXs claim to be Community-DEX, and the team does not take any financial profit. Therefore, all the commissions derived from trading are passed on to the liquidity provider. We keep building and updating apps for a better DEX experience. Following these contributions, we have multiple channels like Discord, Twitter, and email to communicate with users. They ask us about not only Dapps we built but also the network, governance, etc.

In addition to developing applications, We also contribute to building the network. We have been developing the core in the XPLA Chain as a technical partner, and recently, we completed research on Cosmwasm integration to the EOS network. Given the growing interest in interchain connectivity, we are running IBC relayers between many Cosmos-based chains, such as Axelar, Cosmos, and XPLA.

You can check the network we validate and look at our performance and reputation at the links below. Also, if you’d like to support us, you can stake your token with us. 😉

Casperlabs: https://cspr.live/validator/01a6901408eda702a653805f50060bfe00d5e962747ee7133df64bd7bab50b4643

Evmos

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