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Chore/dubravko mc patch 4 #193

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Dec 19, 2024
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Chore/dubravko mc patch 4 #193

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5275f7e
Update validator.mdx
dubravkoMC Dec 19, 2024
5fea311
Update delegation.mdx
dubravkoMC Dec 19, 2024
88a12db
Update validate-delegate.mdx
dubravkoMC Dec 19, 2024
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4 changes: 2 additions & 2 deletions pages/chain/nodes/delegation.mdx
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Expand Up @@ -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)
</Callout>

- 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.
2 changes: 1 addition & 1 deletion pages/chain/nodes/validate-delegate.mdx
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Expand Up @@ -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. |
2 changes: 1 addition & 1 deletion pages/chain/nodes/validator.mdx
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Expand Up @@ -11,7 +11,7 @@ import { Callout } from "nextra/components";

<Callout type="warning" emoji="⚠️">
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
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