Blockpower Sets Fee at 5% during Transition with 1m Atoms Self-bond

Follow Cosmonauts,

Two years after we participated in Cosmos fund raiser, we are finally here and we were also very proud to assist in the successful genesis launch of Cosmos Hub.

We are currently a top 5 self-bonded validator in Cosmos (https://www.mintscan.io/validators) .

Cosmos marks a milestone for public blockchain infrastructure since Ethereum (which we also participated) in 2014. It plays a critical role for providing an alternative consensus implementation as well as solution for scalability and interoperability.

We believe in the eventuality of paradigm shift for PoW to PoS and from the silo-chain to the multi-token/interoperable-chain future, so we dedicate our time, efforts and capital in providing reliable validating services for various PoS chains.

In addition to Cosmos, Blockpower is also a top-validator in Tezos in terms of performance and delegated amount( https://bakendorse.com/#/bakers-rankings).

To encourage more staking in the Cosmos Hub, we commit to set our delegation fee at 5% or lower during the transition and self-bond upto 1m atoms to fully align our interests with all our delegators.

Given the limit to drop fee 1% per day, it will take two days before we hit 5% and our 5%-or-lower policy will remain intact during Cosmos’s transition to full transferability, after which it will be adjusted according to market conditions.

Cosmos doesn't have a fully audited UI wallet available for delegation at the moment, the safest way is using commandline, for anyone who want to delegate to us, use the following command line （1atom = 1,000,000uatom):

gaiacli tx staking delegate cosmosvaloper1rpgtz9pskr5geavkjz02caqmeep7cwwpv73axj 1000000matom --from <key name>

For detailed CLI setup, please refer to our Commandline Delegation Guide here: https://medium.com/blockpower/delegate-your-cosmos-atom-using-command-line-13dbeaab5202

If you encounter any difficulty regarding the delegation, please feel free to reach out through the following channels.

Our delegate address is : cosmosvaloper1rpgtz9pskr5geavkjz02caqmeep7cwwpv73axj

Twitter: https://twitter.com/blockpowercap

Telegram: https://t.me/blockpowercosmos

Website: http://www.blockpower.capital/cosmos

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