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How To Transfer Delegated Core to Another Validator; Do Not Undelegate But Do This

Many people have made mistakes, and this article is meant to assist you from making the same. Even if it might not necessarily be a mistake, there are better options.

Some people go through the process of undelegating their core after delegating it to one or two Validators, not realizing that there is a far better way to accomplish so.

You can easily switch the token or the amount of core to another chosen validator if you are no longer satisfied with the APR or commission of the validator to whom you have assigned your core.

Don’t simply undelegate your cores; instead, move them to another validator instead, as this avoids the need to pay the associated transactional fee. Simply undelegating your cores will cost you transactional fees.

What is Core DAO?

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem’s history and an even greater excitement for Core’s role in its future.

 

Priscilla O. Anthony

Written by Priscilla O. Anthony

Anthony Priscilla is passionate about societal growth, business and politics. she started a research about Digital marketing and it's Elasticity in 2019 which is still in progress.

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