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closedEnded 4 years ago ยท Snapshot (Offchain)

Increase polygon validator node comission to 5% and convert it to ICE

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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Connect Wallet to Add Note
0
Votes 240
VoterCast PowerVote & Rationale
0x7260...34C81b
2.768M

Yes

0x7a0C...62F644
1.02M

Yes

0xea62...98d24d
523,423

Yes

0xE2be...315BF0
328,201

Yes

0xf117...1cbe39
135,178

Yes

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VOTE POWER
0
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Proposal Status
  • Tue April 19 2022, 08:07 pmVoting Period Starts
  • Sat April 23 2022, 03:00 pmEnd Voting Period
Current Results

1-Yes

5.878M

97.5%

2-No

150,894.953

2.5%
Quorum 6.028M/10M
60.3%
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