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Why Delegate?
The information on this page and all other pages owned by, operated by, or related to Hector Network are for educational purposes only and does not constitute any kind of advice. Please read our Disclaimers page first.
There are two main reasons to delegate your FTM tokens to a Validator node:
Delegating FTM tokens to a Validator Node allows users to stake them for APR rewards. These rewards can run up to 14.54% APR (at the time of writing).
Our nodes help facilitate transactions, secure the network, and bring revenue into the project through transaction fees. Furthermore, 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 overall Fantom network.