➡️Round 3 - Delegation Period Active
Last updated
Last updated
In order to receive foundation delegations for this round, it is required to apply via the FDP App before the 15th April 2024 - 23.59UTC [Save to calendar].
Minimum requirements to be met in order to be eligible for any foundation delegation (including bonus delegations):
All validators will be evaluated continuously against the above criteria throughout the delegation period. When submitting your application, please ensure that everything is in place to meet the above criteria.
If any of the above criteria are no longer met, the foundation delegation will be immediately removed.
New validators who find it challenging to enter the active set independently have the opportunity to receive a small initial delegation from the foundation to kickstart their journey and secure a position in the active set. As a pre-requisite they need to run a validator on the testnet (test-core-2) chain for a minimum of one month and make a few substantial bonus contributions. Note: This support initiative will remain accessible throughout the delegation period.
To keep the FDP fair, validators should keep their commission equal to or less than 10% during the delegation period.
Validators who want to adjust their commission for Round 3, please do so before the end of submission period. Note: Validators who try to game the system by increasing their commission shortly after the Round 3 delegations have been made will see their foundation delegations reduced/removed and risk being blacklisted for future Rounds.
ISPs & Countries While the network is quite decentralized when it comes to voting power, it could definitely be more decentralized in terms of server-hosting countries & ISPs. Data for these calculations will be based on Observatory Zone, and validators can use the "scenario analysis" tool to see their relative score. Please let us know via the Application form if any of the data provided there for your validator is inaccurate.
Deduction 1: There will be deductions for ISPs with too much concentration (>10% of stake).
Deduction 2: There will be deductions for countries with too much concentration (>10% of stake).
Deduction 3: As plenty of validators are using Hetzner as an ISP, there is an increased risk on the network since running anything crypto-related is not compliant with Hetzner's Terms & Conditions. As a result, they might shut your node down without any notice. Therefore, there will be a 100% deduction on delegations for validators using Hetzner as their sole provider in Round 3.
The following contributions are deemed valuable to the ecosystem and will earn points towards the calculation of a bonus delegation when submitted in the application form. Note that similar contributions don't necessarily earn similar points. The points will be awarded by the Foundation based on deemed necessity, value, and uniqueness of the contribution.
Providing endpoints (RPC, gRPC, REST, WSS, statesync)
Providing seeds & peers
Running an archival node
Running IBC Relayers
Having ICA configs set up on your IBC relayer
Running indexing infrastructure
Providing snapshots
Maintain tooling - Explorers, Wallet, Faucet, Analytics etc.
Mainnet relayer monitoring & scoring
Run a Testnet Validator (95% uptime + fast responses)
Providing endpoints (RPC, gRPC, REST, WSS, statesync)
Providing seeds & peers
Running an archival node
Running IBC Relayers
Having ICA configs set up on your IBC relayer
Running indexing infrastructure
Providing snapshots
Maintain tooling - Explorers, Wallet, Faucet, Analytics etc.
Testnet relayer monitoring & scoring
Educational Content
Marketing
Host events
Create and manage regional Persistence One Communities
Official Community Moderation
Contributions to code repos on Github
Contributions to Persistence One Documentation
Research Reports
Provide validator support (articles, videos, onboarding)
Successful Talent Referrals
Successful Partnership Referrals (Investors, LPs, Projects)
Other tools or contributions ******
****** To include contributions that are not listed in this Round, please make your case in the Discord channel ‘validators-discussion’.
As the rounds of the Foundation Program progress, the aim is to optimize the program and make the scoring system more community-driven.