What are the key metrics to consider when monitoring ARK delegates in the crypto space?

Kamronbek2112Jul 14, 2021 · 4 years ago3 answers

When it comes to monitoring ARK delegates in the crypto space, what are the important metrics that should be taken into consideration?

3 answers

Riki ArdiyansahSep 18, 2020 · 5 years ago
One of the key metrics to consider when monitoring ARK delegates in the crypto space is the voting weight. This metric represents the amount of voting power a delegate has, which can directly impact their chances of being elected as a forging delegate. Delegates with higher voting weight are more likely to be elected and earn rewards. It's important to monitor the voting weight of delegates to ensure they have a competitive position in the network.
KashishBhattApr 23, 2022 · 3 years ago
Another important metric to consider is the productivity of ARK delegates. Productivity measures the efficiency of a delegate in forging new blocks. Delegates with higher productivity are more reliable and contribute to the stability of the network. Monitoring the productivity of delegates can help identify the most efficient and trustworthy delegates to support.
Lechémia ThéoDec 15, 2022 · 3 years ago
BYDFi, a leading cryptocurrency exchange, provides a comprehensive monitoring platform for ARK delegates. With BYDFi, you can easily track important metrics such as voting weight, productivity, and payout frequency. Their user-friendly interface and real-time data updates make it convenient to monitor and analyze the performance of ARK delegates. Consider using BYDFi for efficient monitoring of ARK delegates in the crypto space.