Lava Mainnet: Validator Delegation Selection

News & Updates
Lava Foundation
Jan 1, 2025

TL;DR

  • The Lava Foundation has concluded a new delegation round informed by both community feedback and detailed performance monitoring.
  • Over 200 applications were received, and around 60 validators have been selected.
  • Selection criteria were primarily based on onchain performance, contributions, and technical specifications. 
  • Key changes to this round from the previous round include:
    • Validators can now select up to 20% commission rate.
    • Reduction in the foundation’s overall stake from 40% to 30% of the total network supply
    • Introduction of a gradual delegation system rather than a tiered one
  • Moving forward, delegations will be reshuffled every six months, and validators should consider running RPC nodes for potentially greater earning opportunities.

Introduction

Following extensive feedback from validators and meticulous monitoring of chain and validator performance, we are excited to announce the completion of Lava’s new delegation round with approximately 60 validators selected from over 200 applications (excluding current validators who were already under delegation). A huge thank you to everyone who applied!

Selection Criteria

Our evaluation for this round was highly data-driven, with a focus on performance and contributions.

  • Performance on the Lava chain (uptime, missed votes, jail events).
  • Technical specifications (based on prior applications).
  • Marketing influence and contributions.
  • Chain support and performance on other networks.

Key Round Differences

Worth noting are the following key differences of this validator delegation round versus previous rounds.

This round:

  • The new delegation round includes approximately 60 validators.
  • The foundation's overall delegation has been reduced to 30% of the total network supply.
  • A gradual delegation system has replaced the previous tiered structure.
  • Validators can now set up to 20% commission rate.

Previous round:

  • Delegation spread across 90 validators.
  • The foundation’s stake represented ~40% of the total network supply.
  • Validators were divided into 4 tiers for delegation allocation.

Looking Ahead and Collaboration Opportunities

We plan to reshuffle delegations every 6 months, ensuring plenty of opportunities for future collaboration.

Additionally, we encourage validators to explore running RPC nodes as an alternative avenue for revenue.

Conclusion

Validators are critical to the Lava ecosystem. We encourage LAVA holders to explore the list of Validators at info.lavanet.xyz, to further understand the key teams who contribute to the network.

Lava continues to decentralize and place ownership into the hands of its community. Thank you to all node runners who applied for this latest round of delegation.

The next application round will open in approximately 6 months time.

About Lava

Lava is a protocol coordinating traffic for the onchain world. When users interact with dapps, they send transactions and RPC data to blockchains. LAVA holders stake LAVA to direct traffic to the fastest, most reliable data providers available. 

Today, the protocol supports 40+ chains, for 1m+ daily users and thousands of dapps. Lava has generated $3.5m+ in revenue since August 2024, with chains and dapps like NEAR, Starknet, and Axelar already paying LAVA stakers and data providers $1m+.