Learn · Basics
Delegation 101
You don't have to run an oracle to take part. By delegating your FLR's vote power to a provider, you share in the rewards they earn — while keeping full custody of your tokens.
How it works
- Wrap your FLR into WFLR (1:1, reversible any time). Only wrapped FLR carries vote power.
- Delegate that vote power to up to two providers (by percentage). Delegation is a signal of trust — no tokens are transferred and the provider can never touch them.
- The provider submits data each round. When they earn accuracy rewards, those are shared with their delegators, minus the provider's fee.
The 2.5% cap
To keep the oracle decentralised, any single provider's effective weight is capped at 2.5%of the network when rewards are computed. Weight above the cap is redistributed. Practically: a provider who is already very large gives diminishing reward-rate to new delegators, while a strong, smaller provider can offer a better rate. Bigger isn't automatically better.
Choosing a provider
- Accuracy — how often they land in the reward bands. Compare everyone on Providers.
- Fee — the cut they keep. Lower fee, more to you — but only if accuracy holds up.
- Eligibility — providers must meet minimum conditions or rewards are withheld.
Estimate your return with the reward simulator, or delegate to Seraphim FTSO directly from your wallet.
Last reviewed June 2026