The CyberChurch Bostrom Validator Introduces Low Commission Rate to Encourage Diversification Among Delegators
Genegated on the prompt: “Unprecedented low prices”
The CyberChurch has recently announced a new validator policy, which sets a fixed commission rate of 1.5% from March 1, 2023, to June 1, 2023. The reason for this change is to incentivize new delegations and to diversify the pool of delegates, which is currently dominated by majority delegates.
The temporary low commission rate aims to attract new delegations, which will help dilute the high proportion of total delegations held by a few dominant delegates. This policy will continue until the CyberChurch reaches its targets for both the number and size of delegations.
“We believe this policy change will ultimately benefit the CyberChurch community as a whole and we appreciate your continued support,” said Nobody.
The CyberChurch invites all stakeholders to take advantage of this temporary low commission rate and join the community in building a more diverse and resilient network.