@SecretSaturn (h3rt) posted in Signaling Prop: New Validator Reward System. Hey everyone,.
30 Jun 2023, 09:58
@SecretSaturn (h3rt) posted in Signaling Prop: New Validator Reward System
Hey everyone,
We are proposing a new on-chain model for the validator reward system with the goal of creating a more sustainable income for all validators, including the lower-ranked ones. This proposal is inspired by the reward system implemented by Nois Network1.
Current Situation
At present, the rewards for validators on the Secret Network are heavily biased towards the top-ranked validato...
Same news in other sources
130 Jun 2023, 10:07
@thenodefather posted in Signaling Prop: New Validator Reward System
While the motivation for a more sustainable income for all validators, regardless of ranking, is a fine goal, I think delegators should understand that the flat compensation model being proposed in this proposal, in its current form, effectively establishes a 6% network tax on all stakers that goes to validators. This would be on top of commission. I’m highlighting this point mainly because the cu...
@thenodefather posted in Signaling Prop: New Validator Reward System.
@thenodefather posted in Signaling Prop: New Validator Reward System
While the motivation for a more sustainable income for all validators, regardless of ranking, is a fine goal, I think delegators should understand that the flat compensation model being proposed in this proposal, in its current form, effectively establishes a 6% network tax on all stakers that goes to validators. This would be on top of commission. I’m highlighting this point mainly because the cu...