How to Redelegate?

Overview

Re-delegation in the Cosmos SDK is a feature that allows a delegator to shift 100% or a portion of their staked tokens (delegations) from one Validator to another without having to wait for the un-bonding period. 

During the re-delegation process, the tokens remain staked, meaning they continue to contribute to the network's security and potentially earn rewards for the delegator.

However, a user’s slashing risk with the original Validator remains until the unbonding period concludes. For example, a user stakes 20 DYDX to Validator A for 59 days, on day 60 the user decides to redelegate their 20 DYDX to Validator B. From days 60-90, the user is at a risk of having a portion of their 20 staked DYDX slashed based on the conduct of Validator A. After the 90th day, the slashing risk transitions to Validator B.

After re-delegating, any DYDX that was re-delegated must wait 30 days before it can be re-delegated.

Step 1 - Re-delegate to another Validator

Step 2 - New balance and option to stake 

Once you have claimed your rewards, you will see your available balance update on the Keplr Dashboard and you can re-stake these claimed DYDX tokens to increase your stake with the same Validator or select another Validator to stake to.