SPK Network | How To Deligate Your LARYNX Tokens

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    josediccus

    Published on Aug 10, 2022
    About :

    The SPK token went live this Monday and I've been expecting to get into the action and join the excitement. So this post is a call to action to delegate your larnyx power to active node validators operator. Especially if you've been finding it difficult to be a node operator as well. I think this is a win-win situation because active validators will need more larnyx power to earn SPK token at 0.010%, now this gets because, this is an opportunity to further help node validators to get more larnyx power which increases their SPK token and also to the users who are delegating to them.

    So if you've been receiving and getting the SPK claimdrop then all you'll need to do is to log on to your wallet here, go to the SPK tab and also power up larynx token. (In the video, I talked about delegating to SPEAK-SCC and v4vapp run by @brianoflondon, I mentioned the reasons why) powering up means you can be able to now delegate, because you cannot delegate the larynx token in liquid form.

    Now if you have problems knowing which node operators are active you can check the SPKCC monitor, in the video, I left a process of how you can check and also how you can make better decisions. Then after powering up, click on "delegate", then approve the contract. Go back and reload, give it a few minutes then click on the magnify glass to check your delegations.

    Remember, Locked Larynx is only for the node operators and hence this doesn't concern you unless you're aiming to a node yourself. In the video, I talked about having 17k larynx token which I converted to power, I did a delegation of 7k firstly to test the delegation process, but in the coming days I'll look for more node operators to delegate my remaining 10k In order to continue earning passively, there's also a possibility to buy in case you aren't being airdropped.




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