EveryBlock Studio
A Brazilian startup exploring interactive media through smart contracts on Cardano blockchain.
DELEGATION CYCLE
DELEGATION
It is possible to delegate your stake in the network to the entities that operate the nodes and produce blocks, the so-called
Stake Pools
WHEN?
The rewards distributed to operators are divided between the delegators in public Stake Pools.
HOW LONG DOES IT TAKE?
The delegation will only be registrated at the beginning of the next epoch, in the called snapshot
DELEGATION
It is possible to delegate your stake in the network to the entities that operate the nodes and produce blocks, the so-called
Stake Pools
EPOCH X
EPOCH X+1
...the delegation will only be recorded at the beginning of the following epoch, in what we call a snapshot...
When a user delegates their ADA over a certain epoch (X), which lasts 5 days...
EPOCH X
the process of capturing information about the current state of delegation on the network
EPOCH X+1
...the delegation will only be recorded at the beginning of the following epoch, in what we call a snapshot...
When a user delegates their ADA over a certain epoch (X), which lasts 5 days...
The delegation needs to stay in the same stake pool for the entire X+1 epoch
EPOCH X+1
EPOCH X+2
EPOCH X
In the X+2 epoch, the slot leader election will take into account the snapshot of the previous epoch
EPOCH X+2
EPOCH X+1
In the X+2 epoch, the slot leader election will take into account the snapshot of the previous epoch
EPOCH X+2
The delegation recorded in epoch X will have influence for the stake pool two epochs later
EPOCH X+3
EPOCH X+1
Your rewards based on the previous epoch start to be calculated here
EPOCH X+3
EPOCH X+4
EPOCH X+2
EPOCH X+4
EPOCH X+3
If the pool has produced blocks in epoch X+2, you will receive the rewards at the beginning of epoch X+4
EPOCH X+4
If the stake pool is producing blocks in every epoch, you will receive rewards between 15-20 days after the record of the delegation
EPOCH X+3
active here too!
although the delegated stake will only start to influence from epoch X+2, it will remain active in the following epochs
active here too!
It should be noted that,
Although the delegated stake will only start to influence from epoch X+2, it will remain active in the following epochs
active here too!
It should be noted that,
If you modify the choice of the stake pool, it may take up to 2 entire epochs for the new choice to become valid.
It should be noted that,
If you modify the choice of the stake pool, it may take up to 2 entire epochs for the new choice to become valid.
So, choose your stake pool properly
So, choose your stake pool properly
EVERYBLOCK
made by
STUDIO
Delegation Cycle
By EveryBlock Studio
Delegation Cycle
The Cardano blockchain operates through a consensus mechanism of Proof-of-Stake, but it is possible to delegate their stake to the Stake Pools and receive rewards for it. In this presentation, you will understand how the delegation cycle happens in the network, from the delegation to the payment of the rewards.
