Delegated staking is a vital extension of the staking protocol, enabling stakeholders to pool their resources effectively. In this setup, a delegation pool acts as an intermediary, collecting stake from delegators and adding it to the native stake pool linked with the validator. This mechanism enables multiple entities to combine their stake, meeting the minimum requirements for validators to join the validator set.
Stake pool delegation strategies involve both users and operators in the delegation process:
BlazeStake implements a meticulous delegation strategy to achieve decentralization and optimize staking rewards. Validators are carefully selected based on various criteria, balancing rewards, performance, and decentralization goals. The long-term vision involves expanding stake across a broader validator range as the stake pool grows. Governance will eventually shift to BLZE token holders. The security group, comprising 32 validators, is excluded from BlazeStake to maintain decentralization. Each validator's stake coefficient is determined by factors like APY and performance, guiding SOL allocation. Automated calculations are supplemented by human review to ensure integrity.
Resources: Learn more📎