📊Manage Mythos Collators

How to manage your Mythos in Nova Wallet!

If you wish to change the Collator which you are staking with, you first need to unstake from your existing Collator.

Collator APR on Mythos is dynamic and can change every day. It depends on the stake behind each collator. Collators with the lowest stake behind them have the highest APR; however, their APR will go down as more stakers choose them. This ultimately can affect the amount of staking rewards that you earn from delegating to validators. As such, Nova Wallet recommends that you monitor your collator's performance on a semi-frequent basis.

You can change the Collator which you stake with at any time:

  1. Open the Nova Wallet application.

  2. Select the Staking screen.

  3. Select your staking position, in this case, would be Mythos MYTH.

  4. From the Mythos staking screen, select "Your collators".

  5. From the Your collators screen, select Change.

  6. If you wish to change your Collator, you should now select Unstake. You can only unstake the entire amount of your stake.

  7. Select Continue.

  8. Review the contextual information including any associated fees and select Confirm.

  9. You must now wait for the unstaking period to finish: How to Unstake Your MYTH and then start staking again with a new collator: Mythos (MYTH) Staking.

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