Delegating To Satellites
Your Voice, Your Choice in the Maven Finance Ecosystem
Choosing the right Satellite for delegation is crucial. Here are some key factors to consider:
Delegation Fees: Lower delegation fees result in higher sMVN rewards. However, it's essential to ensure the Satellite consistently participates in Governance and is an active oracle data provider
Delegation Capacity: Check if the Satellite has sufficient capacity to accommodate the amount of MVN tokens you plan to stake. If a satellite is over-delegated, it will not be able to earn as many rewards as it should be.
Reliability: The reliability of a Satellite hinges on its consistency in participating in governance. It's equally crucial to ensure that the Satellite does not manipulate the oracle data feed for self-benefit.
Values: As Satellites vote on their delegators' behalf, monitoring their voting patterns is critical to ensure your governance rights aren't being misused.
Overview of Satellites
The Satellites Overview page offers a comprehensive look at all available Satellites.
Users can access key details such as their fees, participation rates, and the remaining sMVN space at a single glance, making it easier to compare and decide on the best-fit Satellite for delegation.
Satellite Profile
For a more in-depth understanding of each Satellite, users can delve into their individual profiles. These profiles provide insight into the Satellite's values, historical performance, and past actions.
For instance, a user can explore a Satellite's objectives, review metrics based on previous actions, and study their governance voting history. This detailed examination aids users in making informed decisions on their choice of Satellite for delegation.
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