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Why validators like blockdaemon selling, if it bring value?

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There is a CoC that enforce and punish validators for wrong doing.

Samuel Oyeyemi
There is a CoC that enforce and punish validators ...

Can you please explain the situation, and what exactly was the wrong action? Thanks

guy incognito
They sold too many tokens.

so they sold too many, and that is the reason for selling even more? Can you please elavorate? (To the admins)

Flandúl Dedanone
so they sold too many, and that is the reason for ...

They sold too many tokens so they kicked from being a validator. Since they're no longer a validator they no longer receive tokens for validating blocks but there's nothing to stop them from selling the tokens they already received.

Willy (🔋,🕸)⚡️Won't DM First⚡️
They sold too many tokens so they kicked from bein...

Which I find strange as block daemon is (at least i thought) a reliable ecosystem partner for lots of tier 1 projects

Willy (🔋,🕸)⚡️Won't DM First⚡️
They sold too many tokens so they kicked from bein...

So they’re selling tokens at lowest prices? Unless they’re having a cashflow issue it sounds unlikely.

Free money

Willy (🔋,🕸)⚡️Won't DM First⚡️
They sold too many tokens so they kicked from bein...

Looks like a issue quite easy to reproduce again. I thinka better explanation is deserved

Flandúl Dedanone
Looks like a issue quite easy to reproduce again. ...

"better explanation is deserved" ??!? What isnt clear?? They sold more then they should so they got booted. If they repeat then ban, no more business ! What other sanctions do you expect??

Willy (🔋,🕸)⚡️Won't DM First⚡️
Flatulencio

What exactly means "too many"?. I mean, what is the rule for that? Is a %? An amount? Is that defined inside some smartcontract or just a rule of thumb checked by someone? I can not believe that no administrator can clearly explain and make it understandable for the almost 9k people here. Please make it understandable

Flandúl Dedanone
What exactly means "too many"?. I mean, what is t...

The code of conduct was shared https://energy-web-foundation.gitbook.io/energy-web/ew-dos-technology-components-2023/trust-layer-energy-web-chain/energy-web-chain-governance#:~:text=vote%20has%20elapsed.-,Validator%20Code%20of%20Conduct,maintain%20trust%20in%20the%20network

Notre Levant
A 10% of their total holdings,

is inside the smartcontract? Why can´t that be controlled and prevented?

Joris²
Free money

But they had the free money ages ago and didn’t go rogue, so I don’t see why they would liquidate unless they’re having a cashflow issue

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