Pell Network
  • Introduction
    • Welcome to Pell Network
    • Pell Network Architecture
    • Pell Chain Intro
    • Official Links
  • PELL Tokenomics
  • Restaking Guides
    • Restaking Guides
    • Restaking Mechanism
    • Delegation Mechanism
    • Clarification of Staker and Operator Roles
    • Support Networks
    • Support Assets
    • FAQ
  • DVS Developer Guides
    • Introduction
    • DVS Use Cases
    • How to build an DVS on Pell?
    • DVS Rewards
    • DVS Onboarding
    • DVS Node Specification
    • Resources
      • Essential Security Practices for DVS Developers
      • Critical Security Guidelines for Developers
  • Node Operator Guides
    • Introduction
    • Installation(Draft)
    • Keyring
    • Operator Onboarding?
    • Essential Security Practices for Node Operators
  • Points System
    • Restaked Points
    • Point Campaign: Epochs 1
    • Point Campaign: Epochs 2 (Coming Soon)
  • Security
    • Bug Bounty Program
    • Audits
    • Contracts Address
  • Litepaper
  • Testnet
    • How to Get Gas from the Pell Discord/BNB/Core/Mantle/exSat Faucet
    • How to Claim Testnet Tokens
    • How to Restake Testnet Tokens on Pell Testnet
    • How to Delegate Testnet Tokens on Pell
    • Testnet FAQ(English)
    • Testnet FAQ (Chinese)
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  • Staker Roles:
  • Operator Roles:

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  1. Restaking Guides

Clarification of Staker and Operator Roles

Staker Roles:

  1. Restaking Assets: Stakers hold assets such as BTC or BTC LSD and participate in the Pell Network by restaking these assets, contributing to the network's economic ecosystem.

  2. Delegating Assets: Stakers have the option to delegate their restaked assets to an Operator, entrusting them with the management of these assets within the network.

  3. Earning Rewards: Through delegation, Stakers earn rewards based on the Operator’s performance and the specific Decentralized Validated Services (DVSs) the Operator manages.

  4. Undelegation and Redelegation: Stakers can choose to undelegate their assets if they wish to withdraw them from the current Operator. They can then redelegate these assets to a different Operator as needed.

  5. Conducting Research: It is the responsibility of Stakers to carefully research and evaluate Operators before delegating, as their rewards and risk levels depend on the Operator’s actions and performance.

Operator Roles:

  1. Node Management: Operators run validation nodes within the Pell Network, playing a crucial role in maintaining the network’s integrity and security.

  2. Managing DVSs: Operators select and oversee Decentralized Validated Services (DVSs), which are essential components of the network’s operations.

  3. Fee Collection and Distribution: Operators collect fees for the services they provide. They keep a portion of these fees and distribute the remaining share to the Stakers who have delegated their assets to them.

  4. Mitigating Risks: Operators must fulfill their obligations within the Pell Network to avoid penalties, such as slashing of staked assets, which could impact both themselves and their delegators.

  5. Establishing Delegation Contracts: Each Operator is responsible for setting up a delegation contract that outlines the fee-sharing arrangement with Stakers and manages the delegation process.

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Last updated 8 months ago

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