Getting started
Getting Started with DAG Delegation
Delegating your DAG tokens allows you to earn rewards by supporting network validators without running a node yourself. Follow this step-by-step guide to begin delegating your DAG tokens on the Constellation Network.
Step 1: Prepare Your Wallet
1.1 Install a Compatible Wallet
To delegate DAG, you need a compatible wallet that supports Constellation Network, such as Stargazer Wallet.
If you don’t have Stargazer Wallet, download and install it here.
Follow the instructions to set up a new wallet or import an existing one.
1.2 Fund Your Wallet with DAG
Ensure your wallet has enough DAG tokens for delegation.
If you need DAG, check all the available options at "How to get DAG".
Confirm that your DAG balance appears correctly in your wallet.
Step 2: Access the DAG Explorer
2.1 Open DAG Explorer
Visit DAG Explorer in your browser.
Click on "Delegated Staking" from the top menu.
2.2 Connect Your Wallet
Click "Connect Wallet" at the top right corner.
Select Stargazer Wallet and approve the connection.
Your DAG balance and any previous delegations will now be visible.
Step 3: Choose a Validator
3.1 Browse Available Validators
Scroll through the list of validators.
Use filters to find a validator by name, performance, or delegation fees.
Click on a validator’s name to view details like total delegated DAG, commission rate, and validator description.
3.2 Select a Validator
Pick a validator that aligns with your preferences.
Consider factors such as:
Validator Commission Rate (5%–10%)
Total Delegated DAG
Metagraph Affiliation (if delegating to a project validator)
Step 4: Delegate Your DAG
4.1 Initiate Delegation
Click the "Stake DAG" button on your chosen validator.
A pop-up window will appear to enter your delegation amount.
4.2 Enter the Amount to Delegate
Type the amount of DAG you want to delegate.
You can also use quick selection buttons (50%, Max) to allocate your DAG.
Confirm that your available balance is sufficient.
4.3 Confirm & Approve Transaction
Delegating DAG requires two transactions on the network
Lock DAG
Delegate to Validator
Click "Lock DAG" to initiate delegation.
Approve the transaction in your wallet.
After the transaction is confirmed click "Delegate DAG"
Wait for confirmation; your delegation will be recorded on the network.
Step 5: Monitor & Manage Delegations
5.1 View Your Delegated Positions
Navigate to "My Delegations" in DAG Explorer.
Here, you can see:
The total DAG you have delegated.
Your active delegation positions.
Your unlocking delegation positions
5.2 Receiving Rewards
Rewards are automatically compounded into your delegated position.
To access your rewards, you must undelegate your position and wait for the 21-day lock-up period to complete.
Step 6: Unstaking or Changing Validators
6.1 Unstake DAG
Go to "My Delegations" and select the validator you want to unstake from.
Click "Unstake DAG" and confirm the transaction.
Your DAG will enter a 21-day unbonding period, after which it becomes available for withdrawal.
6.2 Change Validators
To switch validators without unbonding:
Click "Change Validator" next to your current delegation.
Choose a new validator and confirm the transaction.
Your DAG will be reallocated immediately, avoiding downtime.
6.3 Stake more DAG to a validator
To stake more DAG on a validator:
Click "Stake DAG" next to your current delegation.
Choose the ammount of DAG you want to add and confirm the transaction.
Your DAG will be added immediately to that postion, without any downtime.
Frequently Asked Questions
Q1: How long does it take to start earning rewards?
Rewards start accruing immediately after delegation and are automatically compounded into your delegated position.
Q2: Can I delegate to multiple validators?
Yes! You can split your DAG across different validators to diversify your staking positions.
Q3: What happens if the validator goes offline?
If a validator experiences downtime, you still receive your rewards.
Conclusion
Delegating DAG is a simple way to earn rewards and support the Constellation Network. By following this guide, you can securely delegate, monitor your rewards, and manage your staking positions efficiently.
Ready to get started? Delegate your DAG now! 🚀
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