πŸ›°
Why Delegate?
The information on this page and all other pages owned by, operated by, or related to Hector Network is for educational purposes only and does not constitute any kind of advice.

There are two main reasons to delegate your FTM tokens to a Validator node:

Staking Rewards

Delegating your FTM tokens to a Validator node allows you to stake them for APR rewards. Currently rewards are around 14% APR.

Supporting the network

Validator Nodes support and operate the network by performing the transactions that users need to do. When you perform a transaction on the network, a validator will do the necessary work to make it happen. Delegating tokens to a validator allows it to grow and perform more transactions, so delegating to the most reliable validators helps support the growth of the network.