Delegators

A delegator is an entity that participates in securing a proof-of-stake network by staking their cryptocurrency holdings. Instead of actively participating in consensus and the block creation process themselves, delegators choose a validator to delegate their stake to. In exchange, they get a share of the rewards given to validators by the protocol.

Delegators view of the Rated Explorer for Polygon.

Counters

There are four counters at the top of the view that show a general view of the delegated stake in the network.

• Total Stake: total amount staked in the network

• Delegator Stake Share: the percentage of stake that came from delegators

• Number of Delegators: total number of delegators that have active delegations

• Average Delegator APR: the aggregate annual percentage rate (APR) for delegators in the network

The counters on top of the Delegators view

Network penetration

This is the percentage distribution of stake that maps under any given delegator based on their delegated stake to validators. We calculate this as:

Network penetration == delegated stake / total network stake

Delegation distribution

This is the percentage distribution of validators to whom a particular delegator has delegated their stake to.

Delegator APR % (Gross)

This is the annual percentage rate earned by this delegator before they pay out commissions to their delegate validators. For more information, please refer to our documentation Annual Percentage Rate (APR).

Delegator APR % (Net)

This is the annual percentage rate earned by this delegator net of commissions they have paid out. For more information, please refer to our documentation Annual Percentage Rate (APR).

Blended Delegator Effectiveness

This is the effectiveness rating of a delegator based on the stake-weighted effectiveness of the validators they have delegated to.