Choosing good validators is crucial for both your staking returns and the health of the Sei Network. Here are the key factors to consider when making your selection:
Key Validator Metrics to Evaluate
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Commission Rate
- This is the percentage of staking rewards the validator keeps
- Lower commission rates mean more rewards for you
- Typical range: 1-10%
- Be cautious of 0% commissions as they may not be sustainable long-term
-
Voting Power
- The percentage of the network's total stake that this validator controls
- For network health, consider delegating to validators with lower voting power
- Spreading stake across many validators improves decentralization
-
Uptime / Performance
- Look for validators with 99%+ uptime
- Check if they've been recently jailed for downtime
- Consistent performance means better security and fewer missed rewards
-
Security Practices
- Research the validator's infrastructure setup
- Established validators often share their security measures publicly
- Look for mentions of redundancy, monitoring, and disaster recovery
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Governance Participation
- Active participation in governance shows commitment to the network
- Check their voting history on past proposals
- Some validators publish their governance positions and reasoning
-
Community Contributions
- Does the validator contribute to Sei's ecosystem?
- Contributions can include running infrastructure, developing tools, creating educational content
- Active community members are more likely to remain committed long-term
How to Research Validators
Using SeiScan
- Visit SeiScan
- Navigate to the "Validators" tab
- Sort by various metrics (commission, voting power)
- Click on individual validators to see detailed profiles
Checking Validator Websites and Social Media
- Many validators maintain websites explaining their operations
- Check their Twitter/Discord for engagement with the community
- Look for transparency in their communications
Risk Management Strategies
Diversification
- Consider spreading your stake across 3-5 validators
- This reduces the impact if one validator faces issues
- Also improves network decentralization
Regular Review
- Periodically check your validators' performance
- Be prepared to redelegate if a validator changes commission or has performance issues
Monitor for Changes
- Commission rates can change (usually with notice)
- Validators can become inactive or be slashed
- Stay informed about your chosen validators
Common Questions
Q: Is it better to choose validators with higher or lower voting power?
A: From a network health perspective, choosing validators with lower voting power helps improve decentralization. However, larger validators may have more resources for reliable infrastructure.
Q: How important is the commission rate?
A: While important for your returns, it shouldn't be the only factor. A reliable validator with slightly higher commission might be better than an unreliable one with low commission.
Q: What happens if my validator gets slashed?
A: A portion of your staked tokens (up to 5% depending on the infraction) could be slashed if your validator double-signs or commits other serious violations.
Q: Can I move my stake if I choose poorly?
A: Yes, you can redelegate your stake to a different validator without waiting for the unbonding period. However, you can only redelegate from the same validator once every 7 days.
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