Clarification of Staker and Operator Roles

Staker Roles:

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

Node Management: Operators run validation nodes within the Pell Network, playing a crucial role in maintaining the network’s integrity and security.
Managing DVSs: Operators select and oversee Decentralized Validated Services (DVSs), which are essential components of the network’s operations.
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.
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.
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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Staker Roles:

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.

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.

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

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.

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:

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

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

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.

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.

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.