Delegator & Validator

A $PUNDIAI (previously $FX) holder can choose to be a validator or a delegator in order to participate f(x)Core governance and earn block creation reward. 

To be a validator, the holder has to be equipped with sufficient technical knowledge to set up the server, docker and network in order to maintain the uptime to run the routine block validation and at the same time, pay close attention to the development of the network and participate in the governance voting, when necessary. In exchange for the validator’s service, s/he is entitled to a commission from the block reward of the delegator.

If a $PUNDIAI (previously $FX) holder cannot become a validator, they can choose to be a delegator to receive the block reward. The validator node will cast the vote on behalf of the delegators who delegate their voting power to verify the block and earn the corresponding block reward in return.

If a $PUNDIAI (previously $FX) holder choose not to delegate to a validator, they will not able to receive a percentage of network transaction fees or block provisions.