Weekly update on the number of active validators securing major #PoS blockchains: #BSC: 21
$FTM: 43
$ATOM: 125
$DOT: 297 (parachain: 297/N)
$XTZ: 415
$SOL: 563
$AVAX: 948
$ADA: 2396*
*see my comments at the end of the thread
Calculated numbers for stake inequality.
How much of the total stake belongs to Top 10% validators (min. 10) - data: @StakingRewards:
$ATOM: 13 -> 52.4%
$DOT: 30 -> 30.6% (pot. worse for parachains)
$XTZ: 42 -> 57.7%
$SOL: 56 -> 39.5%
$AVAX: 95 -> 74.6%
$ADA: 240 -> 75%+
Top 10% active validators of all these #PoS blockchains control critical stake (i.e., above their respective safety/liveness thresholds).
While this is concerning, most networks are still young and will (hopefully) improve their stake decentralization with time.
FWIW, in addition to stake decentralization we should also take "infrastructure decentralization" very seriously and work together to break the cloud provider monopoly. #DecentralizedCloud#DeCloud
*Comment on $ADA validators/staking pools:
I couldn't find a good source to confirm how many unique SPs produced at least a single block in an epoch (5 days).
Can someone let me know where I could find that info?
If you had participated in @yieldyak_ TG channel early, deposited some funds in $YAK pools and hit the "reinvest" button, you should expect to receive at least 5 $YAK in your wallet.
An airdrop that could yield ~$3500/year.
If $AVAX #DeFi continues to grow, not only @yieldyak_ mcap will grow but so will its TVL and revenues.
And that's all excluding compounding of the rewards!
As long as the bull run continues, with compounding, $YAK could prove to be a fantastic source of passive income.