> ## Documentation Index
> Fetch the complete documentation index at: https://docs.livepeer.org/llms.txt
> Use this file to discover all available pages before exploring further.

# Manage Your Delegation

> How to claim rewards, compound your position, switch orchestrators, and fully exit delegation on Livepeer.

Once you have delegated, the work shifts from "open the position" to "manage it without losing avoidable rewards". Claims, compounding, redelegation, unbonding, and exit.

## Rewards accrue automatically

If your Orchestrator is active and keeps calling `reward()`, your pending earnings update automatically in protocol state. You do not need to manually "collect every round" for accrual to happen.

What you do need to manage is:

* when to checkpoint those earnings with `claimEarnings()`
* whether to stay with the same Orchestrator
* when to redelegate or exit

## Claim your earnings

From [Livepeer Explorer](https://explorer.livepeer.org):

1. Connect your wallet
2. Open your account page
3. Click **Claim Earnings**
4. Sign the transaction

### Claim timing warning

<Warning>
  As of 6 April 2026, Explorer PR `#613` is still open, so do not assume the UI will warn you before a badly timed claim.

  The protocol records `lastClaimRound` when `claimEarnings()` executes. If your Orchestrator has not yet called `reward()` for the current round when you claim, you can skip that round's rewards and fees entirely.

  Safe default: claim late in the round, after your Orchestrator has already called `reward()` for that round.
</Warning>

## Compound your position

Claiming updates your bonded balance so future rewards are earned on a larger base. If you intend to remain delegated, compounding is usually the default path.

The protocol does not force a claim schedule. Choose a cadence that makes sense for:

* the size of your position
* how often you want to check the operator
* the small gas cost of interacting on Arbitrum

## Redelegate when the operator stops being the right choice

Redelegation is the "change operators without fully exiting" path.

Use it if:

* the operator starts missing reward calls
* commission terms become unattractive
* the operator drops out of the Active Set
* you want to move away from an over-concentrated operator

<Warning>
  Redelegation also triggers earnings checkpointing. If you move at the start of a round before your current operator has called `reward()`, you can create the same skipped-round problem described above.
</Warning>

## Unbond and withdraw if you want liquid tokens back

Full exit is a different path from redelegation.

```mermaid theme={"theme":{"light":"github-light","dark":"dark-plus"}}
stateDiagram-v2
    [*] --> Bonded : bond()
    Bonded --> Unbonding : unbond()
    Unbonding --> Withdrawable : after delay
    Withdrawable --> [*] : withdrawStake()
    Unbonding --> Bonded : rebond()
```

### Exit flow

1. Initiate unbonding from your Explorer account page
2. Wait through the unbonding period
3. Return and withdraw once the position is withdrawable

As of 6 April 2026, the on-chain unbonding period is `7` rounds.

## Monitor your position

At minimum, keep an eye on:

* active or inactive status
* reward-call consistency
* `rewardCut` changes
* `feeShare` changes
* governance proposals that affect Delegator economics

## Frequently asked questions

<AccordionGroup>
  <Accordion title="Do I lose earnings if I redelegate?">
    Earnings are accounted against your Delegator position rather than abandoned with the old Orchestrator. The operational risk is timing, not loss of ownership.
  </Accordion>

  <Accordion title="Can I partially unbond?">
    Yes. Part of the balance can enter unbonding while the rest remains bonded.
  </Accordion>

  <Accordion title="Can I rebond during the unbonding period?">
    Yes. Rebonding cancels the exit path and returns that position to bonded status.
  </Accordion>

  <Accordion title="Can bonded LPT be bridged directly?">
    No. You must unbond and withdraw first.
  </Accordion>

  <Accordion title="Is there a minimum delegation amount?">
    There is no protocol-enforced minimum. The practical question is whether the position size justifies the effort of managing it.
  </Accordion>
</AccordionGroup>

<CardGroup cols={2}>
  <Card title="Protocol Parameters" icon="sliders" href="/v2/delegators/resources/reference/protocol-parameters" arrow>
    Confirm the current unbonding period and governance-controlled values before acting on them.
  </Card>

  <Card title="Choose an Orchestrator" icon="list-check" href="/v2/delegators/delegation/choose-an-orchestrator" arrow>
    Re-check operator quality if you are thinking about redelegating.
  </Card>

  <Card title="Delegation Economics" icon="chart-line" href="/v2/delegators/delegation/delegation-economics" arrow>
    Review the reward model when you are comparing "stay" versus "move" decisions.
  </Card>

  <Card title="Livepeer Explorer" icon="compass" href="https://explorer.livepeer.org" arrow>
    Use the live account surface for claims, redelegation, and unbonding actions.
  </Card>
</CardGroup>
