Towards even delegation distribution #10359
Replies: 8 comments 14 replies
-
TaxI was sharing this idea in few places. Originally, I believe, it was researched by Cardano. |
Beta Was this translation helpful? Give feedback.
-
Hard limit@anilcse was proposing an implementation of |
Beta Was this translation helpful? Give feedback.
-
I'm sure @sunnya97 has some opinions on this. In fact, we had this very discussion years ago before the Hub went live. |
Beta Was this translation helpful? Give feedback.
-
IMO staking derivatives are the best known mechanism to incentive stake decentralization. Fungible pools on top of staking derivatives will want to limit their exposure to any one validator. |
Beta Was this translation helpful? Give feedback.
-
One question I encountered when proposing |
Beta Was this translation helpful? Give feedback.
-
Ideas I've seen in this direction:
|
Beta Was this translation helpful? Give feedback.
-
Since Liquid Staking is also not solving this problem at core, should we atleast create a relationship b/w self-stake -> max delegation requirement? |
Beta Was this translation helpful? Give feedback.
-
One more approach i am thinking about is, we should introduce a base rewards param for validators. Like 20% let's say. 20% rewards are distributed equally among all the validators and only remaining 80% will be distributed according to the delegations. |
Beta Was this translation helpful? Give feedback.
Uh oh!
There was an error while loading. Please reload this page.
Uh oh!
There was an error while loading. Please reload this page.
-
Blockchain is all about decentralization.
In Tendermint, users have a full power to decide if and where to delegate their stake. Going to the first "cheapest" validator in the list will lead to a network centralization. In theory validators should "fight" for the delegates, offering some incentives beyond low commission. However we don't have a good balancing force to "drive" for a good validator decentralization.
Let's find potential solutions.
@anilcse has a data outlining the validators centralization.
cc: @sunnya97 @glandua
Beta Was this translation helpful? Give feedback.
All reactions