diff --git a/website/docs/tools/explorer.md b/website/docs/tools/explorer.md index 1c5db81deb31f035500648e44d371525dcbaf90c..121d594f70a6c3713f34b12b56acb09bae1fe268 100644 --- a/website/docs/tools/explorer.md +++ b/website/docs/tools/explorer.md @@ -6,4 +6,30 @@ keywords: [xxchain, xx, chain, explorer, blockchain, xx network] # xxChain Explorer -https://explorer.xx.network +The Explorer is easy to use and best way to learn it is to explore it on your own: [https://explorer.xx.network](https://explorer.xx.network). + +Sections below are only highlights that most users need. + +## Transfers + +Transfers - also known as "transactions" - are signed extrinsics that include payment transfers, staking reward payouts, and similar activities recorded on the xx Chain. + +You may find them [here](https://explorer.xx.network/transfers). + +## Staking + +[Staking-related area](https://explorer.xx.network/staking) helps validators review their metrics and nominators may use it as well to decide which nodes to nominate. + +A validator's tabs contain the following useful information: + +- Governance - participation of a validator in XX Network governance activities. The higher it is, the more engaged the validator. +- Staking - staking rewards from validator's own Node and other staking. These may be export this in the CSV format for tax declaration purposes (most people will need a CPA or online service to fetch the prices and check for you) +- Validator - contains validator statistics including per-era commission information as well as (total) Node rewards +- Metrics + - Address Creation - age of the address. "Veteran" validators are generally more reputable + - Identity - on-chain identity (configurable in the XX Network Walllet) means more transparency + - Slashes - any violations that the validator may have performed + - Nominators - number of nominators. This can range from 1 (self-staked validators) to dozens (which may indicate the validator is reputable and successful, or that Simple Staking tool picks this node with some regularity, or even that be a scam) + - Commission - this is "average", so it won't tell you if it wasn't set to 90% the day before, but generally 20% is the upper limit of commonly seen range. A low average may be attractive, but it can also be a bait so other metrics need to be evaluated as well (for example, an old validator address, on-chain identity, and a history of validation longer than 100 eras would be good signs) + - Fequency of Payouts - regular payouts indicate more engagement and free the nominators from having to do it themselves +