IoTeX uses Roll-DPoS, where Delegates “prove their stake” by committing time, hardware, and tokens to the network. As a digital democracy, IoTeX relies on community voting to elect Delegates that will maintain the network with integrity. Voting increases the security and efficiency of IoTeX, and also earns you great rewards.
How to vote?
On our website (member.iotex.io) Using Metamask - https://medium.com/@iotex/voting-for-iotex-delegates-official-kickoff-a98aadd42df2
Minimum amount to stake is 100 IOTX. 1 vote = 1 IOTX
- You can change the Delegate at any time
- You can extend the staking duration at any time & turn the auto stake ON or OFF
- You need to set the stake duration in increments of 7 (o,7, 14, 21 etc)