「thecoding」 Validator Milestone and Roadmap | Ⓝ120K Delegated NEAR
thecoding.pool.near achieved Ⓝ120,000 in delegated stake, so here's what's next for the pool fees and APY%
Huge milestone for thecoding.pool.near, as we’ve achieved Ⓝ120,000 delegated stake!
Thank you very much, everyone, for trusting 「thecoding」 as a validator to support the NEAR network and delegating your staking power to us.
Now that we are achieving some notable consolidation in the validator space, I want to present a ROADMAP looking to the next milestones and a reduction of the pool fees with the goal to increase the APY% for everyone staking with us.
The Roadmap Past 120K
>Ⓝ120,000 = 7% ✅
>Ⓝ150,000 = 6% 🟩
>Ⓝ200,000 = 5% 🟩
*the delegated stake must remain stable above these thresholds for at least 2 epochs before making the adjustment, which can be reverted if the delegated stake drops back below the determined threshold for more than 2 epochs as well
So, whenever we cross any of these marks for 2 NEAR epochs, pool fees will be adjusted accordingly. Crossing above the Ⓝ150K mark will reduce fees to 6%, while crossing below this mark will make fees go back to 7%. The same logic will be applied to the Ⓝ200K mark.
A new roadmap will be presented after we consolidate above the Ⓝ200,000.
「thecoding」 validator runs on Meta Pool’s Node Studio
Validator address:
thecoding.pool.near
Besides native staking and delegating, you can also buy and stake $mpDAO on Meta Pool, then vote for thecoding.pool.near validator in the dashboard.
This signals the DAO it should delegate more NEAR to thecoding and will give you an extra APY based on lock time.