From 5275f7e09f379298c945fd62c1e85a1853c1e0aa Mon Sep 17 00:00:00 2001 From: dubravkoMC <159017438+dubravkoMC@users.noreply.github.com> Date: Thu, 19 Dec 2024 13:43:54 +0100 Subject: [PATCH 1/3] Update validator.mdx Signed-off-by: dubravkoMC <159017438+dubravkoMC@users.noreply.github.com> --- pages/chain/nodes/validator.mdx | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/pages/chain/nodes/validator.mdx b/pages/chain/nodes/validator.mdx index 8e98e7e..22e05a2 100644 --- a/pages/chain/nodes/validator.mdx +++ b/pages/chain/nodes/validator.mdx @@ -11,7 +11,7 @@ import { Callout } from "nextra/components"; In the developer preview mode, Beam operates under a reputation-based - consensus method termed Proof of Authority (PoA). Later this year, we plan to + consensus method termed Proof of Authority (PoA). Early next year (Q1), we plan to switch the consensus method from Proof of Authority (PoA) to Proof of Stake (PoS). This step is irreversible and hasn't been done on AVAX before, hence our deliberate approach. You can read more about some of the considerations in From 5fea311703706d0f98f1e4b33c7d2649502d6ef3 Mon Sep 17 00:00:00 2001 From: dubravkoMC <159017438+dubravkoMC@users.noreply.github.com> Date: Thu, 19 Dec 2024 13:45:33 +0100 Subject: [PATCH 2/3] Update delegation.mdx Signed-off-by: dubravkoMC <159017438+dubravkoMC@users.noreply.github.com> --- pages/chain/nodes/delegation.mdx | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/pages/chain/nodes/delegation.mdx b/pages/chain/nodes/delegation.mdx index d421179..5916268 100644 --- a/pages/chain/nodes/delegation.mdx +++ b/pages/chain/nodes/delegation.mdx @@ -13,7 +13,7 @@ As a delegator, you can participate in staking on Beam without operating your ow more](/chain/nodes/validator#developer-preview-mode) -- To delegate, you only require BEAM. -- The minimum delegation amount is TBD (to be determined) BEAM. +- To delegate, you only require $BEAM. +- The minimum delegation amount of $BEAM will be announced soon. - Select a validator to whom you wish to delegate your stake. - Rewards are distributed to you by the chosen validator. From 88a12db41e5139e4a95da0eeadfff419d16072ef Mon Sep 17 00:00:00 2001 From: dubravkoMC <159017438+dubravkoMC@users.noreply.github.com> Date: Thu, 19 Dec 2024 13:46:30 +0100 Subject: [PATCH 3/3] Update validate-delegate.mdx Signed-off-by: dubravkoMC <159017438+dubravkoMC@users.noreply.github.com> --- pages/chain/nodes/validate-delegate.mdx | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/pages/chain/nodes/validate-delegate.mdx b/pages/chain/nodes/validate-delegate.mdx index 9468198..5aae223 100644 --- a/pages/chain/nodes/validate-delegate.mdx +++ b/pages/chain/nodes/validate-delegate.mdx @@ -9,5 +9,5 @@ The core distinctions between validators and delegators are outlined below: | | Validator | Delegator | | :------------------- | :------------------------------------------------------------------------------------------------------------ | :----------------------------------------------------------------------------------------------------------------------------- | | Responsibilities | Validators actively **run a node**, validate transactions, and actively participate in securing the network. | Delegators **do not run a node** themselves but entrust their tokens to a validator to participate on their behalf. | -| Stake Requirement | Validators have a **higher minimum stake** requirement and, additionally, they have to **stake AVAX tokens**. | The minimum stake **requirement** for delegators is **lower** and only requires BEAM tokens. | +| Stake Requirement | Validators have a **higher minimum stake** requirement and, additionally, they have to **stake $AVAX tokens**. | The minimum stake **requirement** for delegators is **lower** and only requires $BEAM tokens. | | Rewards Distribution | Validators **receive rewards directly** for their validation efforts. | Delegators **receive rewards indirectly** through the validator they delegate to, sharing a portion of the validator's reward. |