Delegated staking allows users to participate in the staking process without having to run a full node. In this setup, individuals can delegate their tokens to a trusted validator or staking pool, who then handles the technical aspects of validating transactions and securing the network.By delegating their stakes, users can earn rewards based on the performance of the chosen validator or pool. This is particularly beneficial for those who lack the resources or expertise to operate their own nodes. The process usually involves selecting a validator, specifying the amount of tokens to delegate, and confirming the delegation. Rewards are typically distributed proportionally to the amount staked, although fees may be charged by the validators.Overall, delegated staking makes it easier for more people to engage in the staking process while helping to maintain network security and performance. It democratizes the opportunity to earn rewards in a proof-of-stake ecosystem.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to