Delegating and staking
Delegating stakes TAO behind a validator hotkey. The validator keeps its take, and the rest of that stake’s rewards is shared across delegators. This feed does not currently report take, so the column is left blank.
| Root stake | Subnet stake | |
|---|---|---|
| What you hold | TAO | Alpha of that subnet |
| Price exposure | TAO | TAO and the alpha price |
| Exit | Unstake back to TAO | Sell alpha into the pool, with slippage |
Trailing APY moves with validator performance, total stake on the hotkey, subnet emission, and, for subnet stake, the alpha price. A published rate describes a recent window.
The delegate page can filter validators by reported dominance and nominator count. The alpha simulator estimates a constant-product buy from the published pool reserves and says so on the page. It does not include a chain fee.