1.
Network scalability update :
One of the biggest challenge for @THORChain will be to bond +- 200m $rune in nodes collateral to allow for cap free pools.
Nodes just voted for weighted rewards proportional to bond value through mimir governance.
This is good timing.
Network scalability update :
One of the biggest challenge for @THORChain will be to bond +- 200m $rune in nodes collateral to allow for cap free pools.
Nodes just voted for weighted rewards proportional to bond value through mimir governance.
This is good timing.
2.
We reached the temporary maximum node count while 13 nodes waiting to churn in. This would have created a situation where nodes with $400k $rune would have been excluded.
The weighted bond will allows operators who have 2 or more nodes to consolidate and free up spots.
We reached the temporary maximum node count while 13 nodes waiting to churn in. This would have created a situation where nodes with $400k $rune would have been excluded.
The weighted bond will allows operators who have 2 or more nodes to consolidate and free up spots.
3.
A new feature : Whitelisted bonding addresses.
While delegating capital to nodes is not 100% trustless, a few trusted parties can now bond together in a single node.
The main node operator should always have more skin in the game than bonders to keep this honest.
A new feature : Whitelisted bonding addresses.
While delegating capital to nodes is not 100% trustless, a few trusted parties can now bond together in a single node.
The main node operator should always have more skin in the game than bonders to keep this honest.
4.
Weighted bonds have a maximum quantity of $rune to prevent actors like Binance earning 33% of the rewards from a single node. It's set at 3x minimum bond. For now rewards can be earned on 1.33M $rune.
If you're a mini whale want want to participate in a node, reach out :)
Weighted bonds have a maximum quantity of $rune to prevent actors like Binance earning 33% of the rewards from a single node. It's set at 3x minimum bond. For now rewards can be earned on 1.33M $rune.
If you're a mini whale want want to participate in a node, reach out :)
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