Lava Foundation Boosts Network Reliability and QoS with Restaking Delegation Round

News & Updates
Lava Foundation
Feb 13, 2025

TL;DR

  • Restaking Delegation Completed: The Lava Foundation has recently concluded a new restaking delegation round aimed at boosting Quality of Service (QoS) across supported chains and inviting more providers into the Lava Network.
  • 56 provider delegations secured : The application period was open for three weeks and ended on January 15, 2025, resulting in over 60 provider submissions with 56+ securing delegation.
  • Multi-Stage Rollout:
    • Stage 1: Each approved provider will receive an initial 50K LAVA in restaking.
    • Stage 2: Future allocations are planned to increase for top-performing providers.
  • V5 Upgrade:
    • V5 currently running on Testnet.
    • Introduces provider reputation and rankings (late February).
    • Initially, reputation will not affect live traffic; however, the plan is to eventually prioritize QoS over Stake.
    • Providers will be able to improve their ranking through contributions including add-ons (trace, archive, debug), maintaining high quality service, and by supporting underserved chains.
  • Foundation Parameters:
    • The foundation aims not to exceed 30% of the total restaked amount.
    • Providers’ commission rates will remain at or below 65%.
    • The foundation reserves the right to adjust allocations.
    • Late Applicants: Providers applying after January 15 were eligible for 15K LAVA in restaking, provided they maintained at least 5K LAVA as self-stake.

Introduction

The Lava Foundation has undertaken a new restaking delegation round to broaden coverage and improve network reliability across all supported blockchains. In doing so, we’re striving to deliver higher QoS for decentralized applications and their users while ensuring a more diverse and decentralized provider ecosystem.

Provider applications were submitted over a span of three weeks, concluding on January 15, 2025. Over 60 providers submitted their interest, and the foundation evaluated each application based on criteria such as proposed infrastructure, commission settings, and capacity to serve multiple chains effectively.

Multi-Stage Restaking Program

To ensure a structured rollout, the restaking program will be split into multiple stages:

Current Stage [eo-Feb]

  • Each approved provider will receive 50K LAVA restaking allocation.
  • This initial allocation serves as the baseline for further expansions based on performance data and QoS metrics in subsequent allocations.

Future Allocations [Q2 2025]

  • We plan to monitor metrics such as uptime, minimal errors, and chain coverage. Providers showcasing exceptional performance will be slated to receive increased allocations.
  • We also intend to reward contributions like running trace, archive, debug add-ons, and supporting underserved chains to further encourage network growth.

V5 Upgrade: Provider Reputation & Rankings

In late February, V5 will introduce a provider reputation system designed to publicly rank providers based on performance and reliability. Initially, this ranking will not impact the network’s live traffic routing, but offer transparent insights for the community into each provider’s service quality.

Subsequent updates will be set to prioritize QoS over stake, meaning top-performing providers will eventually see larger traffic volumes and restaking allocations. This reputation-driven approach is aligned with Lava’s broader goal of optimizing user experience while rewarding providers who deliver consistent, high-quality services.

Foundation Guidelines & Policies

  • Delegation Cap: The foundation aims not to restake more than 30% of the total restaked amount, allowing the majority of rewards to remain with individual delegators.
  • Commission Rate: Providers will be required to keep commission rates at or below 65%. Any provider exceeding this threshold will become ineligible for foundation restaking.
  • Adjustment Rights: The Lava Foundation reserves the right to adjust allocations and guidelines to ensure fairness, maintain decentralization, and preserve network stability.
  • Late Applications: Providers submitting an application after January 15 were granted 15K LAVA in restaking, on the condition of holding at least 5K LAVA as self-stake.

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+.