What tools are available to token holders to support them in deciding which validator nodes to stake to?

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What tools are available to token holders to support them in deciding which validator nodes to stake to?

Delegating stake to validators is an important decision for XRD token holders, as it directly affects which validators participate in consensus.

You can read some important guidelines on the best way to decide who to stake to here: How should I choose validators to stake to? 

When deciding, there are a range of tools that you may find helpful when making a decision that we have detailed below.

Radix Explorer

The Radix Explorer website includes a validator list that details the amount of stake against each validator node - breaking this down into stake delegated by a validator node to themselves and stake delegated to that validator by token holders.

The Radix Explorer’s validator list also highlights key factors on each registered validator node to aid token holders in making a decision. This includes a node name and info URL specified by the node-runner,  an “uptime” of the % of consensus rounds a node has participated in recently, and a visible indication of nodes at the top of the list with a very large amount of stake. (XRD token holders are strongly encouraged to delegate to other nodes further down the list for better network resilience). 

Desktop Wallet 

The Radix Desktop Wallet is a secure standalone wallet app that the Radix Community may use to easily hold and transact tokens – including XRD and any third-party tokens created on Radix

It also makes it easy for anyone to stake and unstake XRD to Radix validators (or add or reduce stake to currently staked validators) and receive incentive emissions. It is available on Windows, Mac, and Linux. Ledger Nano S hardware wallet integration is also provided. 

The Desktop Wallet links directly to the Radix Explorer to browse available validators.

Community Channels

Please also review the Radix Validators Subreddit as well as the #node-runner channel on Discord and the main Telegram Channel.

Further reading: