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Adding an FAQ to website.

Open chleeab opened this issue 2 years ago • 0 comments

I suggest a page of FAQ can be added. Here are some questions that I can think of (some already asked Tom). And the answers also here:

For Validator: Do a validator need to pay to join? No. What you need to do is follow the Readme instruction in REStake repo. It is a services that you, as a validator provide, to your delegators. REStake just facilitates it with a UI and a script for you to run

What do a validator need to prepare?

  1. A local environment to run the script. (Using Docker is suggested)
  2. Follow the guidelines
  3. Monitor for the updates

What does the script do?

  • Get a list of all your delegators
  • Check each delegator for the necessary authz grants
  • If they exist, check their rewards balance just from your validator
  • If balance is above minimum in networks.json, then claim and delegate in one TX

For Stakers: Will REStake rug pull me? REStake CAN'T.

  1. REStake facilitates your validator reinvest on behalf of you by using the authz module with a UI.
  2. You will only grant you validator to do two things, which are withdrawing your staking reward and delegating on the validators

How many token I granted to the validator? Currently, there is no limited set. BUT, your validator cannot transfer your token out. So your token is safe. For the details, please reference this: https://docs.cosmos.network/master/modules/authz/01_concepts.html#stakeauthorization

When will it restake? If your reward is more than the minimum reward set by your validator, your reward will restake at the time your validator set. Usually once a day.

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Just my 2 cents, hope it can help

chleeab avatar Mar 09 '22 17:03 chleeab