Staking / Delegation
Users can stake ELX and delegate their tokens to consensus validators to secure the network.
Last updated
Users can stake ELX and delegate their tokens to consensus validators to secure the network.
Last updated
The stability and security of the Elixir network relies on its consensus validator set, both of which are economically secured by ELX tokens. To participate and maintain good standing, validators and nodes must stake a minimum required amount of ELX. This requirement strengthens the network by ensuring alignment between participants’ incentives and the network's integrity.
Validators play a critical role in maintaining network security and efficiency. By enforcing a staking mechanism, the Elixir Network leverages crypto-economic security guarantees to encourage honest behavior among validators.
ELX staking is integral to the network’s security and overall operational framework. Here's what you need to know:
Navigate to the page to begin the staking and delegation process.