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Edgeware Mod 5C2C49BE-0B07-4C3F-8D36-B1FB2C7ACC0C Created with sketchtool. 186 Stranger 3 Oct 5 2023 8:24

Optimal number of validators for staking?

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I am currently staking on a blockchain network and I am wondering what would be the optimal number of validators to choose for my staking setup. I want to maximize my rewards while minimizing the risk of slashing penalties. Are there any general guidelines or best practices for choosing the number of validators to stake with? Any insights or experiences would be greatly appreciated. Thank you!

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undefined 5C2C49BE-0B07-4C3F-8D36-B1FB2C7ACC0C Created with sketchtool. 0 Stranger 0 Oct 5 2023 8:25

When nominating validators, you have the freedom to choose how many you want, up to a maximum of 16. It's important to note that all of your nominations must be active in order to receive the best staking rewards. If you come across any inactive nominations, simply stop them and re-nominate active validators.