He makes a good point about what will happen once supply of ftm is fully in circulation. What does everyone think will happen? How will we continue to incentivise nodes
dont know, but they have 1.5 years to figure it out
Maybe just add more supply...idk
you don't actually need to incentivize nodes very much... what you need is to make it easier to run nodes
nodes spend quite a bit of money to maintain and operate their nodes. they are not doing it for charity
Right now most of the validator nodes running have <500K FTM delegated to them. Their reward for running the node itself, as opposed to simple staking of the FTM is just 15% of the 15% APR on the <500K delegated to them... so 11250 FTM / year. It's miniscule given the number of nodes right now. If the required stake is lowered, I guarantee you more people would run nodes. And yes, a very large motivator to run the node is communal interest / strengthening the network... / making your own fantom that is used elsewhere more valuable.
Wasn't there a vote that would make the required ftm to run a node much less?? I remember reading about it
its 15% self stake plus 15% of the delegators rewards. if a delegator isnt locked. delegator gets 4%. of that the validator gets 15% of the 4%
15% self stake would be received even if they didn't run the node right?
Michael Kong was saying they are currently studying an inflationary model for Fantom like Ethereum.
his comment about "studying eip1559" was in response to a deflation question, unless you're talking about a different interview but i highly doubt theyre going to make fantom INFLATIONARY
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