# Delegation Pools

BENQI’s Liquid Staking operates with two distinct delegation pools:

1. **Open Pool**: Available to all validators who meet the minimum criteria.
2. **BENQI Miles Pool**: Available only to validators selected by BENQI Miles holders.

### Open Pool (65% of delegations)

This pool is for Avalanche validators who have staked at least **6,000 AVAX, have high spec hardware** and have at least **15 days of uptime**.

There is a 2% delegation fee, and delegations from this pool are allocated **randomly** to qualifying validators.

### BENQI Miles Pool (35% of delegations)

This pool is for Avalanche validators who hold **BENQI Miles** (formerly veQI), have staked at least **2,000 AVAX** and have at least **15 days of uptime**.

They may set their delegation fee between 2% and 5%. Validators with delegation fees above 5% are not eligible for delegations from this pool.

Delegations from this pool are randomly distributed based on the validator's **aggregate vote count of BENQI Miles**. For example, if Validator A has 10,000 Miles votes and Validator B has 5,000 Miles votes, Validator A will receive twice the delegations.

<figure><img src="https://2452785816-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MViz_ikDZy4OemUj_VI%2Fuploads%2FNwSAC58j5FJc0V43JVp6%2FDelegations.png?alt=media&#x26;token=7aa517e6-5ef4-4b47-bb78-956c88ac81bf" alt=""><figcaption><p>In the past, Avalanche validators were randomly delegated stake from BENQI's liquid staking pool. Now, it's divided between the Open Pool (65%) and BENQI Miles Pool (35%). Delegations from BENQI Miles Pool are randomly distributed based on the validator's <strong>aggregate vote count of BENQI Miles</strong>.</p></figcaption></figure>

### Examples

1. **2% Delegation Fee with No BENQI Miles Vote Power**

Some Avalanche validators meeting the minimum criteria will receive delegations from the Open Pool.

2. **2%** **Delegation Fee with BENQI Miles Vote Power**

Validators will receive delegations from both the Open Pool and the BENQI Miles  Pool.

* **Open Pool**: Delegations are allocated to selected validators and random validators who meet the requirements during delegation overflow situations.
* **BENQI Miles Pool**: Delegations are based on the validator’s total vote count.

3. **More than 2% but less than 5% Delegation Fee with BENQI Miles  Vote Power**

Validators will receive delegations exclusively from the BENQI Miles Pool, based on their vote count.

4. **More than 5% Delegation Fee**

Validators with a fee exceeding 5% are not eligible for any delegations from BENQI Liquid Staking.