3️⃣Delegators

Delegators are Community members that participates in Egochain's proof-of-stake (PoS) consensus mechanism by delegating $EGAX tokens to an established validator node.

This delegation process involves entrusting the established validator with the responsibility of securing the network, validating transactions, and creating new blocks. Delegators, in return, receive $EGAX rewards for staking their assets and supporting the network's security.

Delegators have the flexibility to choose which validator node they want to delegate their assets to.​

Discuss the details of being a delegator on our community chat