Validator Address: crocncl1n34qvdcr78a3m760mjl5ejuwrjuqk0utpmw0kn
Q: Where to download the Desktop App?
Q: Can I use the Android / Apple app to select the validator?
A: Yes - absolutely! When staking / redelegating, you can select Croathlon as your validator. Follow the FAQ below on how to restake, or go to the Newbie guide!
Q: Can I use the same wallet on Defi Android / iOS app and the Desktop App?
A: Yep. Use the recovery key, you can use it across platforms.
Q: How do I stake on the Desktop app?
A: Click on "Staking", "Delegate Funds", put in my validator crocncl1n34qvdcr78a3m760mjl5ejuwrjuqk0utpmw0kn in the validator address, choose and amount and hit Review. Easy!
Q: How do I stake on the Defi Mobile app?
A. Super easy! This instructions are for if you're staking for the first time - NOT redelegating (i.e. you're not already with another validator - this is new CRO in your wallet). For guidance on redelegating scroll down this page!
Click on the "Earn" button
Click on "Earn More"
Select CRO
Select amount. IMPORTANT: I'd suggest leaving 0.5 CRO in your wallet for future transaction fees. If you stake it all you won't be able to do anything! Then, hit Stake.
In the "To Validator" picklist, scroll to where you see Croathlon - look for the rockets :)
Click Confirm Validator, and then Confirm Stake
Rejoice!
Q: What if I've already staked all my CRO into one of the default CDC ones and am now paying 10% fees?!
i.e. "How do I redelegate" - using the Desktop app?
A: No worries!
Load the desktop app
Go to Home,
Click on "Delegations" and click the Redelegate button.
You can move your funds with no loss of interest or additional fees once. If you want to do it again you have to wait for 28 days.
Q: What if I've already staked all my CRO into one of the default CDC ones and am now paying 10% fees?!
i.e. "How do I redelegate" - using the Defi Mobile app?
A: No worries!
Load the Defi mobile app
Click on Earn, and select the CRO asset at the top
Click on the three dots on the right of the Validator name, and select "Switch Validator"
Select the amount and click on Switch Validator
In the "To Validator" dropdown, pick Croathlon (look for the rockets!), and click on Confirm Switch Validator.
Q: Can I use the same wallet on Defi Android / iOS app and the Desktop App?
A: Yep. Use the recovery key, you can use it across platforms.
Q: I see other validators that are 0%, why should I use you?
A: I have two suggestions of what you should consider.
1) Sustainability. Running a validator is not free - it is resource intense and you can't run it on a spare raspberry pi at home with a USB stick. So, sure - someone out there is promising 0% for life, but can they sustain it?
2) Look at their max fees and commission max change figures. If you're seeing an operator with a 50% max fees and a 50% commission max change figure, they can move from 0% commission to 50% commission in seconds. Unless you're checking your stats regularly, you could end up losing a lot of interest. So, there's the peace of mind element here!
Q: Oh no! I didn't realise I needed 0.002 gas fees to claim my reward and staked my whole amount, so now I can't even withdraw my huge rewards!
A: Don't go buying 200+ CRO (minimum required) or swapping crypto. Just ping me on telegram / Reddit, I'm happy to transfer over a bit of gas to get you unstuck.
Q: Is there a limit of how often I can redelegate funds?
A: When you trigger redelegation for a specific amount, you have to wait 28 days to redelegate that fund again. You can also only have a maximum of 7 redelegations and unbondings in progress at any given moment in time.
Q: Why should I trust you?
A: Well. I can't exactly run away with all your money now, can I - this is blockchain! Plus, take a look at my self delegation - I'm in it myself. To put it even more simply, you're not trusting me - you're trusting the blockchain process, of which I'm just a contributor.
Q: You must be minting it in with up to 3% fees!
A: Err, not quite. Even if people put in £5000, and we settle at 20% interest, I only get £30 of the £1000 interest in a YEAR. That doesn't even cover electricity costs.
Q: So, why are you doing this?
A: I believe in decentralising this platform. Plus I'm a geek and wanted to set up my own node! I love being part of this.