The BTTC Network is secured by a set of validators, who produce blocks and submit Checkpoints. This mechanism guarantees stable transactions on the BTTC Network. Validators will receive rewards in BTT once they have fulfilled their obligations.
As a result, a validator who produces blocks and submits Checkpoints at a steady pace will help secure the network and receive consistent rewards in return. Validators that produce blocks sporadically (e.g., frequently offline) or fail to submit Checkpoints on time, on the other hand, may cause network congestion and receive fewer rewards.
In the BTTC Network, any BTT holder who can produce blocks and submit Checkpoints is qualified to become a validator.
Users who only want a share of validator rewards can stake for validators and receive rewards based on the amount of tokens they have staked. This also contributes to the smooth operation of the BTTC Network.
Please keep in mind that the BTT tokens used to stake for validators are BTT on the TRON network.
1. What is the staking process?
- First, obtain some BTT tokens on the TRON Network. Get BTT >
- Next, choose a validator to stake your BTT.
- After receiving the staking rewards, you can choose to “Restake” or “Claim” your rewards.
- You can unstake your staked BTT at any time. However, the unlocked BTT will only be available for withdrawal after reaching 80 Checkpoints, which takes about 40 hours.
- More staking user guide:
2. How to choose a quality validator?
- The “Quick Stake” feature on the Staking Dashboard will automatically select the best validator for you.
- Delegators may choose the validator based on four dimensions:
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- APY (Annual Percentage Yield). It represents a validator’s real-time yield rate and also serves as the indicator of a user’s staking rewards. The higher the APY is, the more rewards users will receive.
- The amount of BTT staked for validators. It is the sum of the BTT that validators and delegators on the network have staked. Nodes with a larger amount of staked BTT are deemed to be trusted by a larger number of BTT holders.
- Node efficiency. It reflects the signing status of the last 100 Checkpoints. Validators with 100% node efficiency are considered as quality validators for it indicates that they have submitted every Checkpoint. Node efficiency directly affects the amount of rewards validators receive.
- Reward ratio. It is the percentage of the validator’s rewards distributed to users. Reward ratio is set by validators and a 100% reward ratio means that the validator will distribute all its rewards to users.
