Can we maximize ER and Key efficiency?
Summary: I feel as though depth of network is one of our most powerful tools to achieving a partnership with a company like Visa. The 1000 Validator initiative set out by Harmony is crucial to achieving a connection between DeFi and the real economy.
Background: With that being said “keys” or “slots” a validator holds is a determining factor on on whether new validators are onboarding regularly. We would like to create a metric on the dashboard that highlights Validators that are supporting decentralization.
Motivation: How the “Decentralization Support Meter” would work is:
-If a validator is holding the proper amount of keys they would have their indicator light be (green).
-If a validator is holding 1-3 more keys then they need, that would not affect their expected return, their indicator light would be (yellow).
-If a validator is holding more than 3 keys then is needed, to not affect their expected return for their delegates, their indicator light would be (red).
Specification: If you believe Decentralization is just as important a metric as up time or yield and would like to see as you scroll through the validator list, who is supporting the expansion of the network
(without any mandates) please help us pass this initiative and vote yes on HIP 11.
Suggested voting options: yes or no