The FAQ about Voting for Governance

1.The Definition of Delegators

Delegators are those tokenholders who haven’t run validation note, they can delegate tokens to verifier and get delegation earnings.

2.The Definition of Verifiers

The role as verifiers in POS is similar to BTC miners, they need to run the whole node network and maintain the running of network. Verifiers generate new blocks in the blockchain and get the rewards, at the same time they need to vote for community governance proposal.

3.Why stake tokens?

POS inflates to tokens according to staking ratio. If tokenholders do not delegate tokens to verifier to stake, then their tokens will be gradually diluted in flation.

4.The Rewards of Delegation Tokens

The rewards of additionally issued tokens: Tokens issued additionally each year will be distributed to users who participate in staking.

Trading Fee: All trading fee that each blocks contains is also a part of revenue.

5.When Will Delegation Comes Into Effect and When I Can Get Earnings?

Delegation comes into effect on T+0 day, you will get delegation earnings next day

6.Where do I check My Earnings?

You can check delegation tokens’ earning details at “Earnings” via Pool-X website.

7.How do I check the details of verifier?

Click “Vote” button on the vote page and go to validation node list, Click any validation node then you can check the details.

8.Can withdraw tokens at any time after delegation? How long it takes to receive the tokens after redemption?

You can withdraw at any time after delegation, and the time is subject to vote rules of specific tokens.

9.Is there any risk if I delegate tokens to verifier to stake?

Staked tokens will be staking, the tokens will be returned back to accounts within the given time after redemption. If verifier behave badly, a part of his staked tokens (including delegators’ tokens) will be confiscated.