Every node on Hedera’s proof-of-stake network has a weighted influence on consensus — that weight is proportional to the number of hbars staked to a node. Proxy staking allows those who own hbars, but aren’t operating a node, to stake their hbars to someone else’s node.
In doing so, transactions earnings are split between the node operator and owner of proxy staked hbar cryptocurrency. Proxy staked hbars are under complete control of their owner. Proxy staking can be turned off or redirected by hbar owners at any time. Proxy stakers can spend the hbars being proxy staked, but those spent hbars will no longer generate earnings.
To learn more about proxy staking, please read our blog posting: https://www.hedera.com/blog/proxy-staking-on-hedera