Delegation

Delegation lets LUX holders earn staking rewards without running a node. Delegators choose a validator and lock their LUX for a defined period.

How It Works

1. Choose a validator with high uptime and a competitive delegation fee.
2. Submit an addDelegator transaction on the P-Chain.
3. Your LUX is locked for the staking period.
4. At the end of the period, you receive your stake plus rewards (minus the validator's delegation fee).

Requirements

Delegate via CLI

lux network delegator add \
  --node-id=NodeID-... \
  --stake-amount=100 \
  --start-time=$(date -u +%s) \
  --end-time=$(($(date -u +%s) + 2592000))

Rewards Calculation

Delegator rewards depend on three factors:

• Stake weight: Your delegation as a fraction of the validator's total stake.
• Validator uptime: Must exceed 80% for rewards to be distributed.
• Delegation fee: The validator's cut (e.g., 2% means you receive 98% of your proportional reward).

Your Reward = (Your Delegation / Total Validator Stake) * Total Reward * (1 - DelegationFee)

Choosing a Validator

Check validator metrics before delegating:

curl -s -X POST --data '{
  "jsonrpc":"2.0",
  "method":"platform.getCurrentValidators",
  "params":{},
  "id":1
}' -H 'content-type:application/json' http://127.0.0.1:9630/ext/bc/P | jq '.result.validators[] | {nodeID, uptime, delegationFee}'

Look for validators with uptime above 95% and delegation fees at or near the 2% minimum.