LogoLogo
  • Persistence Hub
    • 👓Overview
    • 🌐Persistence Ecosystem
  • Begin & Explore
    • 🔏Wallet Setup
    • 📓Getting Your Persistence Address
    • 💰Acquiring $XPRT Tokens
  • Products
    • 🦾Persistence DEX (V1)
      • 📘Introduction
      • 📖Guides
        • 👨‍💼Managing Assets
        • 💱Trading Assets
        • 🚰Providing Liquidity
        • ⛓️Bonding/Unbonding Tokens
        • 🎉Claiming Rewards
        • 🏗️Creating New Pool
          • 🌀Metastable Pool
          • ⚖️Weighted Pool
          • 🧊Stable Swap Pool
      • 🏊‍♂️Pools
      • ⚡Instant LP Unbonding
      • 🎁Tradooor Rebate Program
      • 💰Fees
      • 🏆Rewards
      • ⚙️Technical Architecture
    • Bitcoin Cross-Chain Swaps (V2)
      • 🌟Introduction
      • 📚Fundamentals
        • 💱BTCfi
        • 🌉Bitcoin Layer 2s
        • Interoperability for BTCfi
        • 💡Intents for Blockchain Interoperability
      • 🔀Traditional Bridges vs. Intent-Based Swaps
      • ⚙️Product Mechanism
  • 💂Security
    • 📖Audits
  • Participate & Explore
    • $XPRT Token
      • 🛒Acquire
      • 📈Stake
      • 🏛️Governance
    • 🖥️Alternative Frontends
      • 🔃Hosting IPFS Versions with Pinata
      • 🤖IPFS Automation
    • 💼Wallets
    • 🔍Explorers
    • 💸Grants
  • Persistence Core-1 Chain
    • 🟢Running Nodes
      • Run a Local Node
      • Run a Testnet Node
      • Run a Mainnet Node
      • Node operations
        • State Sync
        • Run in the background
        • Cosmovisor upgrades
        • Manual upgrades
      • Seed & Peers
    • Public Infrastructure
      • Persistence Testnet
      • Endpoints
      • Snapshots & Archival Nodes
      • Faucets
      • Chain Registry
    • 🛡️Validators
      • Validate on Testnet
      • Validate on Mainnet
      • Validator Communication
    • 📡Relayers
      • IBC Channels
      • IBC Relayers
      • Relay on Mainnet
      • Relay on Testnet
    • 🫗Liquid Staking Module
      • For Validators
    • 📄Smart Contracts
      • Overview
      • Uploading a Contract
    • 👨‍💻Developer Tools
      • Persistence JS
      • Persistence SDK
    • ⚒️Community Tools
  • Community & Support
    • 🇹🇰Foundation Delegations
      • ➡️Round 1 - Closed
      • ➡️Round 2 - Closed
      • ⭐Bonus Delegation
      • ➡️Round 3 - Delegation Period Over
    • ⭕Coin-type Migration from 750 to 118
      • Persistence Wallet
      • Keplr Wallet
      • Ledger Hardware Wallet
      • Cosmostation Wallet
      • Coin98 Super Wallet
      • Math Wallet
      • Leap Wallet
      • Citadel Wallet
    • 🌎Geofencing on Persistence
    • 😍Connect & Follow
Powered by GitBook
On this page
  • Objectives
  • Rounds
  • Criteria & Delegations
  • Calculations
  • Terms & Conditions

Was this helpful?

Edit on GitHub
  1. Community & Support

Foundation Delegations

The Persistence One Foundation Delegation Program -launched in December 2022- is designed to improve the health of the Persistence One network and the overall ecosystem by supporting contributing validators in the form of foundation delegations.

Objectives

The goals of the new Persistence One Foundation Delegation Program are:

  • Further decentralise the Persistence One Network (distribute stake more evenly across validators, countries, ISPs) & make the network more robust.

  • Improve ecosystem documentation, connectivity, tooling and support by encouraging validator ecosystem contributions

  • Improve the Persistence One Testnet setup and participation

Rounds

The Foundation Delegation Program will iterate through continuous rounds, which can last anywhere between 4 to 12 weeks. Updated indicative timelines for the first 3 rounds are:

Round
Application deadline
Delegation period

30/12/2022 - 23.59UTC

20/01/2023 - 19/04/2023

07/04/2023 - 23.59UTC

20/04/2023 - 14/03/2024

15/04/2024 - 23.59UTC

28/08/2024- 28/11/2024

The criteria and calculation methods are subject to change from round to round, depending on the current state and requirements of the persistence ecosystem as defined by the foundation, with inputs from the community.

Criteria & Delegations

The criteria and delegations are split up as follows:

  • Baseline criteria

  • Bonus criteria

    • for mainnet contributions

    • for testnet contributions

    • for community contributions

    • for other contributions

Calculations

For every round, the Persistence One Foundation has reserved an amount of XPRT, which will be split into 2 parts:

Amount reserved for baseline delegations

This amount of XPRT will be evenly distributed amongst all validators who have applied to the round and who meet the baseline criteria.

Amount reserved for bonus delegations

This amount of XPRT will first be split into 4 unequal amounts, depending on the category of bonus contribution and the weight given to each of them. These amounts will then be distributed amongst the validators based on a point scoring system for each category. The Foundation will attribute points to contributions based on the perceived value towards the ecosystem. The reserved amount will then be delegated across bonus contributors, weighted based on the earned points. For contributions which are not recurring (e.g. a blog post), the points attributed will gradually decrease over time.

Note that validators need to meet the baseline requirements at all times in order to be eligible for any bonus delegations.

Terms & Conditions

The Foundation reserves the right to exclude any validators and remove delegations without prior warning and without justification when it deems it necessary (non-responsiveness, jailed, low uptime, etc).

The Foundation reserves the right to make additional delegations for extra-ordinary contributions without disclosing said contribution.

PreviousCommunity ToolsNextRound 1 - Closed

Last updated 7 months ago

Was this helpful?

🇹🇰
Round 1
Round 2
Round 3