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Role of validators in Free TON 💎

At the moment, a contest for validators — Rust Cup — is being held.

There is a lot of information around this event, but it is not easy for beginners to understand what position validators take in Free TON, what their income is, etc.

Our article will help you figure it out 📃

#info #validator
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Important announcement for validators ⚡️

Please update the C++ node so it will be possible to move to the Rust node updates.

Follow the news 👍

#validator #update #rust
BRIDGE token validators and stakers have got dividends ⚡️

The dividends were sent to addresses in the USDT and QUBE tokens. The rest of the dividends can be claimed in the BRIDGE tokens on the staking page at the end of the round.

#bridge #validator #staking #qube #post
Vote on the transition to zero net issuance ⚡️

On September 1, vote on the proposal to allocate EVER 200 000 000 to the validator subsidy fund and transfer control over the level of expenses from the fund to EVER DAO will start. This approach will lead to zero network emission, since the number of tokens will be enough for 5+ years of validation.

What is it for?
In the current model, validators are mainly subsidized by the issuance of ecosystem tokens, which leads to inflation, which has negative consequences. Everscale business model involves a large number of commercial transactions on the network. The proposed token allocation would satisfy the stimulus of validators without issuing new tokens.

#validator #dao #vote #news #post
Where are validators? 🤔

In the last 2 days, you may have seen a decrease in the number of network validators. We explain what comes:

EverX has long announced the disconnection of old endpoints main*.ton.dev, but turned them off only 3 days ago. At the same time, the old addresses remained in the scripts of the validators of EverX, and they could not go to the elections. Now this has been fixed, and in the next validation cycle the number of validators is normalized.

If you are a validator and you cannot log in when accessing Evercloud — follow the instructions.

You can find out why you need to switch to new endpoints in the material from EverX.

#everx #validator #info #post
Nodes update in the mainnet ⚡️

Today (14.01.23) validators have begun updating the nodes in mainnet, the update will last until January 17. The schedule and update process are published in the validators chat.

For a positive result, validators must follow the update schedule.

#validator #news #update #post
New proposal on EVER DAO 🗳

A proposal on the distribution of prizes between the winners of the Rust Cup validator contest was made on EVER DAO.

Problem: The Rust Cup contest ended in 2021, but the winners never received their prizes. Currently, decentralization of the network depends on 200 validators, most of whom participate in validation using blocked stakes from the Magister Ludi contest, which expire in early February 2023. After the expiration of the term, decentralization of the network may suffer if the winners of the Rust Cup do not receive the award.

Solution: Distribute stakes blocked for 4 years between the winners of Rust Cup. It is also necessary to implement an incentive program that will last 4 years:

• Stakers to Rust Cup winners’ depools receive 10% APY on staked amounts
Validators receive 4% APY on all stakes, made to their depools

The vote starts 01.02.23 🔗

#dao #vote #rust #validator #news #post