[CVV002] Casper Association Delegation Policy

Proposal Discussion
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Goal

A systematic and transparent delegation process, to enhance network decentralization and incentivise optimal validator performance.

Overview

This proposal outlines a structured approach for delegating Casper Association treasury funds to validators.

The proposal

  1. The duration of each Delegation Round is 90 days.
  2. The number of validators selected in each Delegation Round is 30.
  3. The minimum criteria for a validator to be considered for a delegation by Casper Association and to keep delegation from Casper Association during the Delegation Round:
    1. Minimum of 3 months as an active validator.
    2. Performance score of 98% or higher for the past 30 days (as shown on cspr.live).
    3. Validator identified with the Casper Account Information Standard.
    4. Membership in the ‘Validator Guild’ Telegram group.
    5. ‘Validator’ status on the official Casper forum.
    6. Direct contact information provided to the Casper Association for escalation purposes.
    7. Participation in on-chain governance votes.
    8. Commission rate between 1% and 10% (validators with 0% commission are ineligible).
  4. Delegation allocation:
    1. Casper Association will allocate 60% of the delegation stake to the 10 lowest-weighted eligible validators.
    2. The remaining 40% will be distributed among other eligible validators.
    3. Top 10 validators by stake and validators with over 1,200 delegators will be excluded to foster decentralization.
    4. Only one node per validator will be eligible for delegation within the same round.
    5. Validator chosen for the the round, will be excluded from the next round (e.g. Validator 1 meets all criteria and is chosen in Q1, they will not be eligible for the Q2 round).
    6. If there are insufficient eligible validators for a given round, Casper Association may consider including validators from the previous round, provided they continue to meet the minimum criteria.
  5. Redelegation Mechanism:
    1. Casper Association will develop a mechanism to monitor validator performance and adherence to requirements.
    2. If a validator becomes non-compliant or inactive, their delegation will be reassigned to another eligible validator.

Proposal Lifecycle

  • Stage: Accepted
  • Voting Options
    • For: Support the proposal.
      • 011de3a86cd71d98a83bddf57384e1a0c3b4ea5be696fcbd6fa9a80b3cdcf396de
    • Against: Oppose the proposal.
      • 0118c145c88386f6cf0dd12c30702742013ab23260253e8748f620dd31c27ccadb
    • Abstain: No opinion.
      • 015dc16c2072eaf747f559385ee0ac277fbf91ab87b536da8c5bb6177940e833ac
  • Deadline: 23:59 UTC, December 08, 2024

How to vote:

  • A voting token, with a total supply of 100.00, for the proposal will be created, and distributed to Mainnet validators based on their network weights at the end of era 16057
  • Make your decision and send all (recommended) or some of the voting tokens to one of the corresponding addresses below.
    • For: 011de3a86cd71d98a83bddf57384e1a0c3b4ea5be696fcbd6fa9a80b3cdcf396de
    • Against: 0118c145c88386f6cf0dd12c30702742013ab23260253e8748f620dd31c27ccadb
    • Abstain: 015dc16c2072eaf747f559385ee0ac277fbf91ab87b536da8c5bb6177940e833ac

Evaluation of the results:

  • Quorum ratio: +50% network weight (>50.00 tokens, including the abstains)
  • Decision threshold: Simple majority (+50% of participating weight, excluding the abstains)
  • Example:
    • For:35.00, Against: 25.00, Abstain: 15.00
    • Quorum reached with 75.00%, proposal accepted with ~58.33%
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