I have with a validator and the stake I have In the Legacy delegation?
Are there any pros & cons with one or the other and if so, which would be the better option.
I’d really appreciate if anybody had a minute to help me clarify that!
Thank you! 👍
The minimum requirement for staking with a provider is 1 eGLD, while the minimum required for legacy deleation is 10 eGLD. Something else to consider is that most providers allow restaking rewards on top of your initial stake, while on legacy delegation this option is not available.
One consideration is that legacy will be phased out.
Indeed, more and more legacy delegation nodes will be removed to increase decentralization.
The fees on legacy delegation is higher than most SPs.
Good to know. Thank you!
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