Delegate
By delegating you're committing your tokens for a period of 50000 Ethereum blocks (a bit less than seven days) + the time until the end of the current epoch (20 minutes or less). Withdrawal will not be possible during that time.
The easiest way to participate in SQD Network is to delegate your SQD
tokens to one of the workers. Here's how to do it.
-
Go to network.subsquid.io.
-
Go to the "Dashboard" tab if you aren't there already. You should see something like this:
-
Pick a worker and press the "Delegate" button. You should see a form like this:
Enter the amount of
SQD
s you'd like to delegate and press the button. -
Confirm the transaction in your wallet and wait for it to go through.
-
Go to the "Delegate" tab to view your delegations. Note that the "Undelegate" button is inactive - you cannot undelegate until the current epoch ends.
Undelegating
-
Wait for your delegation lockup period to expire if you haven't already. The period is 50000 Ethereum block, starting at the first block following the end of the epoch when you delegated the tokens. So, roughly 7 days.
-
Go to network.subsquid.io.
-
Go to the "Delegate" tab. You should see your delegation there.
-
Click the "Undelegate" button. You should see a form like this one:
infoAn inactive "Undelegate" button likely indicates the delegation lockup period still haven't passed.
-
Enter the
SQD
amount you want to withdraw, click the large new "Undelegate" button and confirm the transaction.
Maximizing the rewards
- You'll get most rewards if you delegate to high quality but obscure workers. Look for workers with high uptime percentage and a lot of free delegation capacity.
- Currently, both the worker and its delegators are rewarded the most when the total delegated
SQD
count is around30_000
. Anything more or less means less rewards.