➖Delegating

Queryloop Ecosystem - Delegating

Delegators are members of the network who "stake" (delegate) QUERYLOOP to one or more Indexers. Delegators assist in network security without operating a Queryloop Node oneself.

Delegators gain access to an Indexer's query costs and incentives in exchange for delegation. The number of queries that an Indexer may process relies on their personal (and delegated) stake as well as the cost that they charge for each query. Consequently, the more stake that is granted to an Indexer, the more possible requests they may be able to process.

Delegator Guide

How to be a successful delegator in the Queryloop Network is covered in this guide. Based on their delegated stake, delegation members split protocol profits with all Indexers. Delegators must exercise their best judgement when selecting Indexers based on a variety of criteria. Please be aware that there is plenty of material online about how to correctly set up Metamask and that it will not be covered in this tutorial. This manual is divided into three sections:

• The risks of delegating tokens in The Queryloop Network

• How to calculate expected returns as a Delegator

• A video guide showing the steps to delegate in the Queryloop Network UI