How to Delegate CORE Coin on Core Testnet Validator
You can delegate CORE coins and participate in the protocol’s long-term success while earning daily rewards. Read on to learn how.
Easy Steps to Delegate CORE on Core DAO Testnet Validator
Staking is vital to the Core network’s overall operation. When stakers delegate their $CORE holdings to validators who successfully verify transactions, they receive a share of the validators’ CORE rewards.
Becoming a delegator on Core DAO is the best way to participate in the protocol’s long-term success. It is an active and direct way of supporting the network’s aspirations.
The Satoshi Plus consensus, which utilizes Delegated Proof of Stake (DPoS), enables users to delegate their staked tokens to validators. Further, holders can delegate to any validator. Here is how to delegate your $CORE holdings and earn rewards:
- Open Browser in Metamask Wallet. Ensure that you have added the Core Mainnet to Metamask before you proceed.
- You can learn how to add Core Mainnet to MetamaskHERE.
- Open this link (stake.coredao.org) in the Metamask Browser.
- Scroll down, and you will see a list of validators with their commissions and Annual Percentage Rates (APR).
- Click on any of the validators and select delegate. You will be prompted to connect your wallet after clicking the button.
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What is Core DAO Mainnet?
Core DAO is the authoritative decentralized organization developing the Satoshi Plus Ecosystem. The team is building web3 infrastructures and promoting public chains on Bitcoin’s Proof of Work (POW).
As per Core DAO’s official announcement, the launch of its mainnet would enable Bitcoin’s soundness, security and decentralization to meet the interoperability, composability, and scalability of Ethereum blockchain.
The goal of Core is to support the Bitcoin network by giving Bitcoin miners rewards, which will serve as a second BTC block reward when the Bitcoin supply runs out in the near future. Core has advanced thanks to its guiding concept, which forbids any kind of compromise on scalability, security, and decentralization.
Core DAO is getting much support from all over the world, as at the time of writing this line, a total number of Satoshi BTCs miners reach 10 million with 47 million apps downloaded. And several cryptocurrency projects are already eyeing to build on the Satoshi Plus consensus. However, it takes a lot of conviction and patience to concentrate on the core blockchain components. Due to the lengthy process involved, the Core’s adventure is just beginning with this launch.
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