Delegation Program
Overview
Any GX holder can delegate their tokens to a validator and earn proportional staking rewards without running a validator node. Delegation is available from Phase 3 (approximately 6 months after mainnet launch).
How Delegation Works
- Choose a validator from the active set based on performance, commission rate, and reputation
- Delegate any amount of GX to your chosen validator
- Earn staking rewards proportional to your delegated amount, minus the validator’s commission
- Undelegate at any time (14-day unbonding period applies)
Staking Tiers
| Tier | GX Delegated | Estimated APY | Additional Benefits |
|---|---|---|---|
| Basic | 1,000+ | 8-12% | Trading fee discount |
| Silver | 10,000+ | 12-16% | Priority support access |
| Gold | 100,000+ | 16-20% | Governance voting rights |
| Validator | 500,000+ | 20-25% | Run a validator node |
Reward Calculation
Rewards are calculated per epoch (1,000 blocks):
- 20% of accumulated trading fees are allocated to the validator pool
- Each validator receives a share proportional to their total stake (own + delegated)
- The validator takes their commission (typically 5-10%)
- Remaining rewards are distributed to delegators proportionally
Example:
- Validator total stake: 1,000,000 GX (500K own + 500K delegated)
- Your delegation: 50,000 GX (5% of total)
- Epoch fee distribution to this validator: 1,000 USDC
- Validator commission (10%): 100 USDC
- Remaining for delegators: 900 USDC
- Your share: 900 * (50,000 / 500,000) = 90 USDC
Choosing a Validator
Consider the following factors when selecting a validator:
| Factor | Description |
|---|---|
| Commission Rate | Lower commission = more rewards for delegators |
| Uptime | Higher uptime = more consistent rewards |
| Total Stake | Larger stake = more frequent block production |
| Self-Stake | Higher self-stake = stronger alignment with delegators |
| Slashing History | Clean history indicates reliable operations |
| Geographic Location | Diverse locations strengthen network resilience |
Unbonding
- Unbonding period: 14 days
- During unbonding, tokens do not earn rewards and cannot be transferred
- You can redelegate to a different validator without waiting for unbonding (one redelegate per validator per 14 days)
- Undelegation protects the network from sudden stake withdrawals
Risks
- Slashing risk: If your validator is slashed (double-signing, extended downtime), your delegated tokens are affected proportionally
- Opportunity cost: Delegated tokens cannot be used for trading or DeFi during the delegation period
- Validator risk: A poorly operated validator may miss block production, reducing your rewards
Getting Started
- Bridge GX tokens to GX Chain (see GX EVM)
- Navigate to the Staking section on
gx.exchange/stake - Browse the active validator set
- Select a validator and delegate your desired amount
- Monitor rewards in the Staking dashboard