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closedEnded 4 years ago ยท Snapshot (Offchain)

Increase polygon validator node comission to 5% and convert it to ICE [Re-post]

By 0x6556...0B8977

Background We have been running the polygon validator node for many months now and our checkpoints are always 100% signed. Many other validator nodes charge between 3% and 100% commission, we currently donโ€™t charge anything at all.

Proposal Increase the commission of the validator node to 5% and convert it into ICE Use the rewards we are currently generating monthly from the polygon validator node and convert them into ICE

Rationale Given the current scenario were we are running the node, and we have plenty of self-staked matic on the node, we are not earning anything from the additional staked matic rather than hedging the risk of getting slashed, which since we are running the node, wonโ€™t happen. By increasing the commission to something rational we can convert those tokens into ICE. The commission rate is also the result of being able to generate a name for decentral games over the last months, for a third party person is not the same to stake on a 0% commission validator node with no name in the market which can turn out to be a scam and get slashed, than to stake on decentral games or binance validator node, so a 5% commission is more than fare.

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0
Votes 202
VoterCast PowerVote & Rationale
0x6556...0B8977
13.642M

Yes

0x3779...f8Ab8E
9M

Yes

0x7260...34C81b
2.768M

Yes

0x7a0C...62F644
1.02M

Yes

0x16aa...30F807
331,207

Yes

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Proposal Status
  • Tue April 26 2022, 03:43 amVoting Period Starts
  • Sat April 30 2022, 03:00 pmEnd Voting Period
Current Results

1-Yes

28.432M

99.98%

2-No

6,762.358

0.02%
Quorum 28.438M/10M
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