Stake, Delegate and Withdraw
The basic requirement to become a METABENZ Network chain validator is to have a stake amount of at least 50k METABENZ Network . The stake amount is the sum of staked and delegated METABENZ Network of the address. Roadmap - Those functionalities will be built into our Studio and will not require any technical knowledge in the future.
Stake
There are two options to stake (both should be called from the address which would be the validator)
1.Send METABENZ Network to the consensus contract -0x4dCACA64f6CAED26F8553397a99E206ef29e9D26 on the METABENZ network.
2.Call the `stake` function on the consensus contract -0x4dCACA64f6CAED26F8553397a99E206ef29e9D26 on the METABENZ network.
Delegate
METABENZ Network Coin holders who don't want to run a node by themselves but still wish to participate in governing the network can delegate any amount to one of the validators.Delegating is done by calling the `delegate` function on the consensus contract (0x4dCACA64f6CAED26F8553397a99E206ef29e9D26) with the validator address as data (see screenshot from MEW).
Withdraw
Both stakers and validators can withdraw their METABENZ Network , up to the staked/delegated amount, at any time. The withdrawn amount will be deducted from the validator stake amount, and if the stake amount becomes below the minimum stake amount - the validator will be removed from the METABENZ Network validators list.There are two options to withdraw:
1.Call the `withdraw` function on the consensus contract (0x4dCACA64f6CAED26F8553397a99E206ef29e9D26) with one parameter - the amount to withdraw. This call is for stakers, and will reduce the stake amount of the sender address.
2.Call the `withdraw` function on the consensus contract (0x4dCACA64f6CAED26F8553397a99E206ef29e9D26) with two parameters - validator address and amount to withdraw. This call is for both stakers (who can use their own address as the parameter) and for delegators to withdraw their delegated stake on a specific validator.
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