Increasing the minimum validator commission #265
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ruslan-tsybenov
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Governance Proposals
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There was a gov proposal (26) about the same topic last year that passed. |
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it is coming in v0.24.0 upgrade |
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Overview
We are proposing the idea of increasing the minimum validator commission rate to 5%.
It would have a positive influence on the stability of the network and Akash ecosystem.
Problem
When validators offer 0% commission rates, it creates a situation where competition revolves around reducing commissions rather than providing validation services.
Solution
Introducing a minimum commission rate of 5% promotes healthy competition and encourages validators to focus on providing better services.
Earning a reasonable commission enables validators to manage their operational costs, make infrastructure upgrades, and support the security of the network.
Conclusion
We appreciate the opinion of other community members about this proposal.
The collaborative decision is crucial for the success of the network.
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