Collection

Delegators

Put GRT behind an indexer and understand what you actually take home. The cut, the thaw, the risk that is switched off and the risk that is not.

6 entries 75 min to read through beginner
01

What delegation is

  1. What delegation actually is You are not staking, and you are not lending. You are buying a share of one operator's future earnings, and choosing which operators the network should have more of. 10 min
02

The economics

  1. Rewards, cuts, and what you actually take home The cut is what the indexer keeps, not what you get. Work the arithmetic once with real numbers and the advertised rates stop being persuasive. 14 min
  2. Choosing an indexer The headline rate is the least informative number on the page. Here is what to look at instead, and the specific trap that makes a bad indexer look excellent. 14 min
03

Managing your delegation

  1. Undelegation and the thawing period The constraint that dominates delegation economics, expressed as a number that never appears in an advertised return. 11 min
  2. What Horizon changed for delegators Delegation is now per data service rather than per indexer, the tax is gone, and slashing of delegated stake exists in the code with the switch off. 12 min
04

Practicum

  1. Reading an indexer yourself Evaluate a real indexer against the criteria in this collection, and compute what you would actually take home. 14 min

Elsewhere

This collection explains why. Two other places carry the rest.

The procedure Official delegating guide Exact steps, flags and configuration, maintained by the people who ship the code. This site does not duplicate them and never will. The live numbers Compare indexers on Lodestar Nothing here updates on its own. Live stake, signal, fees and indexer performance come from a dashboard reading the network.