Validator Delegation Programme Open

News & Updates
Lava Foundation
Aug 30, 2024

Introduction

We are pleased to announce that a new delegation round will soon be open, and we invite both validators to participate. Going forward, delegation rounds will take place twice a year, every six months.

You can apply for delegation now by completing this form. Note, validators with existing delegations do not need to reapply - we will assess based on your contributions in this current cycle.

Key Dates:

  • Submission Period: August 30th - September 14th
  • Delegation: Expected to occur on October 1st

Important Details

In this upcoming round, we will be reshuffling existing delegations. The foundation is planning a significant reduction in the number of validators receiving delegations. This move aims to secure the network, increase efficiency, and allow the market dynamics to flourish. The goal is to enhance validator profitability and ensure long-term support and sustainability.

We strongly encourage all validators who did not receive a delegation to submit their applications. Validators who already received a delegation do not need to re-apply; we will assess existing contributions and performance.

Criteria & Setup:

We will thoroughly assess all validator applications, including existing validators currently under delegation. Delegations will be allocated across different tiers based on several key factors:

  • Quality of Service (QoS): The reliability and performance of the validator.
  • Technical Setup: The robustness and security of the validator’s infrastructure.
  • Validator Contribution: Active involvement and contributions to the network.
  • Marketing Impact: The validator’s ability and experience to promote and positively impact the ecosystem.

You can apply now by completing this form.