Delegate & Stake
Delegate & Stake
Boost your rewards by delegating or staking FLR.
Delegate vs Stake
In addition to receiving FlareDrops, you can boost your rewards by either delegating or staking.
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Delegate
Stake
Delegate
Delegators receive a share of the rewards earned by the data providers they have delegated to. The more accurate a data provider’s submissions and the larger the number of tokens delegated to them, the more rewards they receive and are able to share with their delegators.
Stake
Stakers can delegate their stake to validators on the network. Staked FLR is locked for a period of time. Participants choose how much stake to delegate and for how long their stake will be locked.
Rewards
Rewards Payouts
Delegate
Roughly every 3.5 days
Stake
Roughly every 2 weeks
Qualify for FlareDrops
Delegate
Yes
Stake
Yes
Why They Exist
Support Flare Infrastructure
Delegate
Yes
Stake
Yes
Who
Delegate
Supporting Data Providers
Stake
Supporting Validators
Why
Delegate
For the FTSO
Stake
Validation of all Flare protocols
Effort Required
Automated Claiming Support
Delegate
Data providers manually claim rewards; community can use autoclaiming
Stake
Not available
Minimum
Delegate
No minimum amount or duration
Stake
50k FLR per validator, minimum 14 days
Risk
Time Limits
Delegate
Unclaimed rewards will be burned after 90 days
Stake
Currently no time limit, but may be in future
Why delegate
What is delegation?
Delegation is the non-custodial assignment of your FLR tokens to data providers. You can undelegate your tokens at any time, and you are not locked out of using them for other purposes.
How delegating supports Data Providers
1. Native Token goes from FTSO Delegator Account to Token Wrapping Smart Contract. Wrapped token goes opposite direction. 2. FTSO Delegator Account delegates to Token Wrapping Smart Contract which allocates veto power to data provider which sends price pair data to Flare Time Oracle Series. 3. Claim Rewards go from FTSO Delegator Account, Data Provider Account, and Data Provider to Flare Time Series Oracle. Receive Native Token goes the opposite direction.
1. Native Token goes from FTSO Delegator Account to Token Wrapping Smart Contract. Wrapped token goes opposite direction. 2. FTSO Delegator Account delegates to Token Wrapping Smart Contract which allocates veto power to data provider which sends price pair data to Flare Time Oracle Series. 3. Claim Rewards go from FTSO Delegator Account, Data Provider Account, and Data Provider to Flare Time Series Oracle. Receive Native Token goes the opposite direction.
1. Native Token goes from FTSO Delegator Account to Token Wrapping Smart Contract. Wrapped token goes opposite direction. 2. FTSO Delegator Account delegates to Token Wrapping Smart Contract which allocates veto power to data provider which sends price pair data to Flare Time Oracle Series. 3. Claim Rewards go from FTSO Delegator Account, Data Provider Account, and Data Provider to Flare Time Series Oracle. Receive Native Token goes the opposite direction.
How to delegate
Why stake
What is staking?
Flare is transitioning to a staking model in three phases. Now phase two has been reached, it is possible for anyone to delegate stake to validators on the network. This can be done using the Flare Portal or using the CLI for developers and more advanced users.
When a token holder delegates FLR to a Flare validator, their FLR are locked for a period of time. Participants choose how much stake to delegate and for how long their stake will be locked. The minimum stake that can be delegated is 50k FLR and the shortest staking period permitted is 14 days.
How to stake
Claim rewards
You can claim FLR via the Flare Portal or in the Block Explorer. In the Flare Portal, when you connect to your account your claimable awards are displayed on a button. Just click and complete the transaction.
Step 1
Go to the Flare Portal.
Step 2
Click "Connect to Wallet" and confirm that the address is yours. Some wallets don’t connect automatically.
Step 3
Your main account is open by default. You can also claim from your delegation account if you enabled one.
Step 4
Click on the button to claim your rewards.
Step 5
Select "Wrap reward" after claiming to compound future rewards and click the "Claim All Distribution" button. Then review and confirm the transaction.
Set up autoclaiming for delegation rewards
If you use Bifrost Wallet, you can easily set up autoclaiming in the app. Click on "FLR" or "WFLR" in the wallet, click on the three dots at the top right and press "delegate", then tap "view more" in the rewards section and follow the prompts.
You can also set up autoclaiming using the Flare Portal, but this will require manually obtaining and inputting an executors’ Flare address. You can also use the Bifrost Wallet executor. Copy the Bifrost Claim Bot address and head to the Flare Portal.
Step 1
Go to the Flare Portal.
Step 2
Click Connect to Wallet and confirm that the address is yours. (Some wallets don’t connect automatically.)
Step 3
Your Main Account is open by default. You can also claim from your Delegation Account if you enabled one.
Step 4
Click on the button to Claim your FlareDrops distribution.
Step 5
Select Wrap reward after claiming to compound future rewards and click the Claim All Distribution button. Then review and confirm the transaction.
