Introduction
Delegation allows you to earn staking rewards without running a validator or technical infrastructure. By delegating your FEN tokens to a validator, you participate in network security and earn a share of rewards.Quick Facts:
- Minimum Delegation: 1,000 FEN
- No Maximum: Delegate any amount
- Earn Rewards: ~8-13% APY (after commission)
- Unbonding Period: 21 days to withdraw
- Risk: Validator slashing doesn’t affect your stake
How Delegation Works
Process:- Choose a validator (based on commission, uptime, reputation)
- Delegate your FEN tokens via smart contract
- Validator uses combined stake to validate blocks
- Earn proportional share of validator’s rewards
- Claim rewards anytime (10% tax applies)
- Undelegate anytime (21-day unbonding period)
Prerequisites
- FEN Tokens
- Wallet Setup
- Choose Validator
Get FEN
Minimum: 1,000 FEN (no maximum)Where to Buy:- Centralized Exchanges:
- Check CoinMarketCap for listings
- Withdraw to your personal wallet
- Decentralized Exchanges:
- FenineSwap (native DEX)
- Uniswap (if bridged to Ethereum)
- PancakeSwap (if bridged to BSC)
- Bridge from Other Chains:
- bridge.fene.app
- Support: ETH, BSC, Polygon, Arbitrum
Delegation Process
Connect Wallet
Visit stake.fene.app
- Click “Connect Wallet”
- Choose your wallet (MetaMask, WalletConnect, etc.)
- Approve connection
- Ensure you’re on Fenine Network (Chain ID: 5881)
- MetaMask will prompt to switch
- Or manually select Fenine from network dropdown
Browse Validators
Navigate to “Validators” tabSort by:
- Commission (lowest first)
- Total stake (diversify from largest)
- APY (estimated returns)
- Your preference
- Name/description
- Commission rate (e.g., 5%)
- Total stake
- Number of delegators
- Uptime %
- Estimated APY
Delegate Tokens
On validator detail page:
- Click “Delegate” button
- Enter amount (minimum 1,000 FEN)
- Optional: Enter referral code for proximity rewards
- Review transaction details:
- Amount: 1,000 FEN
- Gas fee: ~0.01 FEN
- Validator: ValidatorName
- Commission: 5%
- Click “Confirm Delegation”
- Approve in wallet (gas: ~100,000)
- Wait for confirmation (~3 seconds)
Verify Delegation
Check your delegation:On Dashboard:
- Go to “My Delegations” tab
- See all your delegations
- View pending rewards
- Visit explorer.fene.app
- Search your address
- Check “Delegations” tab
Managing Your Delegation
View Delegation Status
Increase Delegation
Add more tokens to existing delegation: Via Interface:- Go to “My Delegations”
- Find validator
- Click “Add More”
- Enter additional amount
- Confirm transaction
No need to approve again if you already delegated to this validator before.
Claim Rewards
Withdraw accumulated rewards: Via Interface:- Go to “My Delegations”
- Click “Claim Rewards”
- Review:
- Claimable: 10 FEN
- Tax (10%): -1 FEN
- You receive: 9 FEN
- Confirm transaction (gas: ~80,000)
- 10% tax on claimed rewards
- Tax goes to treasury for ecosystem development
Redelegate to Another Validator
Switch validator without unbonding: Via Interface:- Go to “My Delegations”
- Find current delegation
- Click “Redelegate”
- Choose new validator
- Confirm (instant, no unbonding)
Redelegation is instant and has no unbonding period. Use it to switch validators quickly.
Undelegate (Withdraw)
Remove tokens from delegation: Via Interface:- Go to “My Delegations”
- Click “Undelegate”
- Enter amount (or click “Max”)
- Confirm transaction
- Wait 21 days
- Return to “My Delegations”
- Click “Withdraw”
Delegation Economics
Reward Calculation
Your rewards depend on: Where:- : Validator’s total rewards
- : Your delegation amount
- : Total delegated to validator
- : Validator commission rate
Example Scenarios
- Small Delegation
- With Proximity Rewards
- Large Delegation
Setup:
- Your delegation: 1,000 FEN
- Validator commission: 5%
- Validator total stake: 100,000 FEN
- Network total stake: 10,000,000 FEN
- Epoch emission: 700 FEN
Early delegators earn extremely high APY as network is still small.
Comparing Validators
| Validator | Commission | Uptime | Total Stake | Your Share | Est. APY |
|---|---|---|---|---|---|
| A | 5% | 99.8% | 100K FEN | 1% | 11.2% |
| B | 10% | 99.5% | 500K FEN | 0.2% | 10.5% |
| C | 3% | 98.0% | 50K FEN | 2% | 10.8% (risky) |
| D | 15% | 99.9% | 1M FEN | 0.1% | 9.8% |
Risk Management
Understanding Risks
Risk Mitigation Strategies
- Diversification
- Active Monitoring
- Compounding Strategy
Split Your Stake:Instead of:Do:Benefits:
- Reduce single validator risk
- Average out commission rates
- Support decentralization
- Test multiple validators
Advanced Topics
Batch Operations
Manage multiple delegations efficiently:Auto-Compounding
Set up automatic reward reinvestment:Coming soon: Built-in auto-compound feature in stake.fene.app
Tax-Efficient Claiming
Minimize tax impact: Strategy 1: Infrequent Claims- Claim once per month
- Pay tax once (10% of total)
- Lower gas costs
- Claim rewards to wallet
- Hold for appreciation
- Redelegate only profitable amounts
- Build large proximity network
- Use proximity rewards to offset tax
- Keep base rewards compounding
Troubleshooting
Delegation transaction failed
Delegation transaction failed
Common Issues:
- Insufficient FEN for gas
- Need ~0.01 FEN for transaction
- Get more from DEX or faucet
- Validator not accepting delegations
- Check validator status (jailed?)
- Try different validator
- Amount below minimum
- Must be ≥1,000 FEN
- Check token decimals (18)
- Wrong network
- Switch to Fenine Network (Chain ID: 5881)
- Check RPC: https://rpc.fene.app
Not earning rewards
Not earning rewards
Check:
-
Validator active?
Status should be 1 (Active), not 0/2/3
-
Waited for first epoch?
- Rewards start next epoch (~10 min)
- Check again after 15 minutes
-
Delegation confirmed?
- Check on explorer.fene.app
- View transaction receipt
-
Validator commission 100%?
- Check validator page
- If 100%, you get nothing (avoid!)
Rewards lower than estimated
Rewards lower than estimated
Possible Reasons:
- Network stake increased (more competition)
- Validator was jailed briefly
- Commission rate changed
- Epoch emissions decreased
- Calculator used wrong parameters
Can't withdraw after 21 days
Can't withdraw after 21 days
Troubleshoot:
-
Call withdrawUnbonded()
- Unbonding doesn’t auto-withdraw
- Must manually call withdraw function
-
Check unbonding complete
-
Multiple unbonding entries
- Can only withdraw oldest first
- Check all unbonding delegations
Next Steps
Stake Now
Start earning rewards
Proximity Rewards
Boost APY with referrals
Run a Validator
Become a validator instead
FenineSystem API
Technical contract reference
Delegator Support:
- Discord: #delegator-help
- Email: staking@fene.network
- FAQ: stake.fene.app/faq
- Tutorial Videos: YouTube Channel