Delegate $ESP Tokens

If you don’t run an Espresso validator, you can still put your $ESP tokens to work by delegating them. Delegation means you temporarily assign your tokens to an Espresso validator, who stakes them on your behalf. In return, you earn staking rewards, minus the validator’s commission.

Connecting Your Wallet

• Click Connect Your Wallet.

• Once connected, you’ll see key account information, such as your available balance, your staked amount or your claimable rewards.

Choosing a Validator

Each validator sets a commission rate, which is deducted from your rewards in exchange for running the infrastructure that stakes your tokens. When selecting a validator, you can consider helpful data including: total stake, commission rate or missed slots.

NOTE: Only top 100 validators are eligible to receive rewards. If you delegate to a validator outside the top 100, you will not receive rewards till they enter the top 100.

Delegating Your Tokens

• Once you select a validator, click Delegate.

• Review key validator details (e.g., APY, commission), then choose the amount of $ESP you want to delegate.

• Approve the transaction.

• Confirm the delegation.

Manage Your Stakes

After your delegation transaction has been confirmed, you will start getting rewards. You can check your current stakes in the My Stakes section.

• Click Manage next to the validator you want to adjust.

• From here, you can delegate more or undelegate.

• When undelegating, you may choose to remove all your stake or only part of it.