Hi current plans support the change of our node structure to a Validator, Protector and Observer with yields of 10%, 8% and 4% respectively. There will be 108 total Validators, 216 total Protectors and 1000 Observers. At a 4% yield the observer is a fairly unappealing prospect. Would the community consider potentially swapping a large proportion of the Observers for Protectors. Say 450 Validators and 100 Observers instead of 1000 Observers. The mint demand remains constant but the yield of the Protector is far more appealing to the institutional and retail investor and will help to encourage reputable and regulated institutions to support our infrastructure
Kenneth Cowan
Posted on
Master Node Structure
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Discussion (4)
With the current efforts of institutional adoption of masternodes (Protectors and Observers), I think modifying the number of Protectors and Observers to meet the demand of institutional adoption makes sense. We have to look at the Tokenomics and how will that affect mint rate vs burn rate.
Sorry I missed the original proposition. Could you link it here please. It seems I've some catching up to do, Ken, before I give my 2c
not sure what you mean Sean. Original proposition was 108 total Validators, 216 total Protectors and 1000 Observers. My proposition is 108 total Validators,
666 total Protectors and 50 Observers.
apols that should have read swap the 1000 observers for say 450 protectors (not validators) and 100 observers