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announcing ... VYB delegations have been enabled

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Published: 29 Dec 2021 › Updated: 29 Dec 2021announcing ... VYB delegations have been enabled

announcing ... VYB delegations have been enabled

your staked VYB tokens can now be delegated

  • the delegation cooldown window is 5 days (same as LEO)

what is meant by 'delegation'?

  • when you delegate staked VYB, the account you delegate to gains the voting power associated with those tokens (until you undelegate the tokens)
  • in addition, the account you delegate to earns any curation rewards associated with their upvotes using those tokens

what is meant by 'delegation cooldown window'?

  • immediately after you end a delegation (i.e. 'undelegate'), it will take 5 days (i.e. the 'cooldown window') before those tokens will return to your staked balance

how does one 'delegate' VYB tokens?


image.png



  • then find the VYB token in the list and click the 'delegate' icon

image.png



  • then enter the amount you want to delegate and the recipient of the delegation and click the 'Delegate' button

how does one 'undelegate' VYB tokens?


image.png



  • then find the VYB token in the list and click the 'undelegate' icon

image.png



  • then click the red 'X' next to the account you want to undelegate from and click the 'Undelegate' button


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