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Recommended validators in Nova Wallet

valentunn edited this page Mar 29, 2022 · 4 revisions

Nova Wallet selects the top validators based on security and profitability criteria

Most profitable

Nova Wallet estimates APY for each validator and selects most profitable ones.

Not oversubscribed

Oversubscribed validators have more nominators then will be rewarded. Nova Wallet avoids oversubscribed validators in order to minimise chance for nominator of not being rewarded in the future.

Having onchain identity

Onchain identity provides nominator an opportunity to meet validator's operator and have a way to reach them in case of problems.

Not slashed

Slashes are punishments for validator and its nominator for misbehaves (e.g. goes offline, attacks the network, or runs modified software) in the network. Nova Wallet avoids previously slashed validator to minimize risk of future slashing.

Limit of 2 validators per operator

To promote decentralization, Nova Wallet limits the number of validators per operator to give space for other operators.