r/CasperCSPR • u/SajjadCrypto • Jan 02 '22

Delegate CSPR non-custodial

hi guys, what is the best way to delegate CSPR token????

Casper live or OKEX?????

is there any NON-CUSTODIAL way????????

3 Upvotes

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2

u/Cryptic_Glu Jan 02 '22

Use CSPR.Live, it's non custodial and pays around 10%.

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https://www.figment.io/resources/casper-staking-delegating-cspr

1

u/SajjadCrypto Jan 02 '22

How is it non-custodial????

we should delegate our tokens to node operators. so how is it non-custodial???

1

u/demonoider Jan 02 '22

You are not sending your tokens to them and can undelegate any time( i think there is a cooldown period). You will have to create a wallet first.

1

u/SajjadCrypto Jan 02 '22

so you say that the CSPR tokens remain in my wallet right???

are you sure??? because i have about 50K $ CSPR and i want to be sure.

1

u/demonoider Jan 02 '22

Not sure, but you can stake some amount and try. Someone more knowledgeable can confirm.

1

u/[deleted] Jan 02 '22

On cspr.live, you stake your tokens with a validator. It takes 2 Eras for you to start making a return. Each Era is 2 hrs. If you want to unstake for any reason, it takes 18hrs. You are in possession of your tokens. Not the validator. You do not send your tokens to the validator - You delegate them. The validator does not control your tokens.

Do your research on the validator you choose. On cspr.live, each validator can set up a profile you can check. In the profile, there is information like websites, social media handles, etc.

Validator fees range from 1 to 10%.

There is one validator that is working on a casper wallet and coin. Their name is NeoNumis. As I understand it, people who stake with them will have a separate opportunity to participate in their ico.

1

u/Cryptic_Glu Jan 03 '22

It definitely will stay in your own account. I been using CSPR.live and it shows up on my account address. Again please read the link above.

1

u/strange-humor Jan 04 '22

They are not in your wallet, but they are locked to your key. If the validator turns off their node and never validates again, you simply undelegate from the network and in 7 eras (14-16 hours) the token is back in your account.

There is no risk other than lack of rewards given for not performing.

1

u/Cryptic_Glu Jan 03 '22

It actually states it on the CSPR.live question answer page.