Starting 8.11.21
The Terra Delegation Program (TDP) is back!
To celebrate this incredible month, we are maximizing your opportunity to be included.
There are only 4 qualifications this round:
- Have a complete Validator Profile:
Example of a perfect pull request Here.
Example of a perfect finished profile Here.
Notice that the example has an updated readme. This step is often missed and means your previously summited profile might not be complete.
That’s right. You might have a checkmark, and not have a complete profile. Look over the examples, and be proactive.
- Commission at or below 10%: at all snapshots.
- Bombay Testnet must be active: at all snapshots.
- You must apply at the link below by 8.18.21 9 PM KST: https://forms.gle/Sycuk24t38Pu72UX9
What is the snapshot? Once a week I will be taking a snapshot, and then publishing the results. They will not be announced to prevent gaming the system. They will be public so you can track your progress.
The first of these snapshots will be taken next week. Links will be posted publicly on Discord and Twitter when snapshots are complete.
Delegations will be weighted for decentralization. This means, the TFL fund will weigh distributions to flatten the voting curve.
Last round this meant that validators with over 1.5m luna (.43 voting power), did not receive delegations. Remain vigilant on the weekly reports, you will get to see the potential delegations before they are released. There will be no surprises this round.
“I have more Delegations than the cutoff point, why doesn’t TFL support me? I deserve recognition.” Your recognition is the vote of the delegators. If you don’t need a TFL delegation to stay afloat, you are doing well. Keep up the good work, and share your tactics with the validator community.
Delegations are targeted for disbursement by the 4th week of September. Those of you that participated last time know, releasing funds can be a long process. Some Alpha to reward you for your reading this far, by the end of the year we will have a tool that runs the TDP autonomously.
If you are a Rust developer, contact Jared, you could have a chance to work on it first hand.
