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Charlie and Roger, as C-reps of their respective community, are now essentially two nodes within the Nexus in a Representation Channel.Operational policies are then proposed and selected by voting within the channel (this will be similar to electoral college, allocation of number of votes are in proportion to community size and transaction scale, this reinforces the status of relatively small communities).While a delegate serves similar functions to a masternode, the key difference here is that becoming a delegate takes a very different approach.Becoming a delegate is quite different from running a masternode, where you can simply stake and lock a certain amount of tokens to secure one.

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Actual calculation of yields can be found here Dash TV.

This is however a lot more complex in ICON with many more components as a super chain.

In order to clarify this, lets try a real life example Litecoin as a community joins ICON interchain, Charlie Lee is the C-Rep for Litecoin.

The idea of delegates in a DPOS system is that they will forge or mint new blocks w their verifying rights on transactions, then rewarded for the effort.

In traditional POW system, blocks are mined and miners are rewarded for their hash-power (and luck! Some fundamental flaws under DPOS include potential centralization where minority dictate the fate of majority, and ‘nothing at stake problem’ where delegates cannot be financially penalized besides losing their role.

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