Avalanche validators were just given over $50K in $GGP rewards...
But there are still a lot of node operators that don't know how easy it is to signup their validator for a Minipool...
Read below to learn why AVAX validators are excited about Minipools and what they do:
What is a Minipool? 🎈
- Validator nodes launched thru GoGoPool that have supplied their own hardware and registered by staking only 1000 AVAX 10% of that value via the $GGP token
Minipool Benefits 🎈
Minipools cut the minimum staking requirement for AVAX node operators in half from 2000 $AVAX
🚨With the success of the @DefiKingdoms subnet on $AVAX, a lot of people are wondering how to run their own node🚨
We compiled a list of the 7 most common problems you may run into when setting up an @avalancheavax node so you can get involved in the subnet economy faster!🧵
🎈Where can I find resources on how to become a validator?🎈
🚨 GoGoPool is excited to announce our $5M seed round co-led by @hiFramework and @coinfund_io! We're creating the first decentralized staking protocol built to power up @avalancheavax subnets 🚨
For who we are, what we're building, and why we're so bullish on subnets read below
1) Purpose
WordPress powers 43% of the websites on the Internet, and changed web2 by allowing a non-technical audience to launch their website idea with one click - Subnets can do the same for web3.
There are a 3 key problems limiting subnets that GoGoPool plans on solving...
2) Problems
⛰️ First, every validator of a subnet must be a validator of the Avalanche Primary Network as well. This means launching a 5 node subnet costs 10000 $AVAX - making it uncompetitive with web2 alternatives like Wordpress/AWS.