[WFC] KSM #543 - WFC: From 1000 to 500 Validators: Higher Rewards, Lower Inflation, Stronger Network

OpenSquare

Discussions

Fa6m...wiBr

End

active

Description

https://kusama.subsquare.io/referenda/543

Kusama wants to change from 1,000 to 500 validators
Validators will earn 50% more money
KSM inflation will be 25% less
Helps validators afford better computers
Makes the network stronger worldwide
Fewer new KSM coins means better prices
500 good validators work better than 1,000 weak ones
Changes will happen slowly over 6 months

Appendants

11h ago

🟢 2 • 🔴 3 • ⚪️ 4
6-member quorum not met.
Vote #1: NAY
10 available members.
No CoI reported. DV delegation exercised.
https://kusama.subscan.io/extrinsic/29027905-2
https://kusama.subsquare.io/referenda/543#6

Cast your votesingle

Votes·9

12s6...nE8h

12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h

Abstain

Abstain due to Col: we have Kusama validators.

14gM...deVb

14gMJV95zwxUsFEZDSC8mtBVifS6SypKJkfBKANkMsLZdeVb

Aye

We'd see kusama/polkadot as a economy system, and have to seek balances between decentralization and cost.

167Y...TY9F

167YoKNriVtP4Nxk9F9GRV7HTKu5VnxaRq1pKMANAnmmTY9F

Abstain

Canary with 1000 validators is needed if we want to have a canary to polkadot.

15fT...yBzL

15fTH34bbKGMUjF1bLmTqxPYgpg481imThwhWcQfCyktyBzL

Abstain

Abstain due to CoI: running validators on Kusama.

1xzc...1bX6

1xzcLSwo7xBFkJYZiL4EHaqFpuPTkH641E3V43W4cuk1bX6

Nay

We share the same concerns as Bill and Paradox.

12Kt...DCoJ

12KtA8mtfsK1CyQb4utLiwG3ao22z77w2cM2GqnaL2RiDCoJ

Nay

Sacrificing parachain availability for a marginally higher validator payout is a poor trade-off.

14Gn...YLEh

14Gn7SEmCgMX7Ukuppnw5TRjA7pao2HFpuJo39frB42tYLEh

Abstain

I abstain in this vote because I don't feel that I have a clear position to take. What does seem to me is that if someone is asking for this change it is because something at the economic level is not right in Kusama, so it is necessary to make changes so that the numbers are congruent.