hey, yeah it will be announced, probably closer to the end of the currently active proposal
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Thanks, makes sense!
yes please this needs to happen. Im thinking 100 ONE for now is a good minimum, further reduced to 50 or 10 depending on price in future.
As you probably know it cost 1 ADA to send a transaction.
no it costs around 0.17 last time I used it
Just for record, this is “HIP-5”.
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great proposal. Will work quite well for all
I think it should be dynamic as you say unless the minimum stake amount can be set as a dollar value (e.g. $5).
I know this has been voted on already but I’d like to add to the conversation for future reference. Why is there a hard cap limit on a minimum amount to be staked in the first place? If folks are generating .001 ONE in a day, or 100000 ONE in a day should it matter if they want to compound it into their existing compounded stack? As long as they are able to pay the network fee to add to their existing stack, I see no harm in allowing a person to stake any amount they have. It just makes sense to allow folks to save what they can when they can as opposed to forcing a minimum requirement. The network fee is the network fee and that is what should be the driving force behind the use of the network, whether it be for staking, for exchange, or other purposes. Just my two cents on this topic. I hope that in the future there is a vote to remove the minimum completely.
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Great proposal. My vote is for 100 $ONE as minimum delegation amount
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I think 100 is a good minimum barrier to entry and will help to increase the total network stake.
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