Crab and Darwinia collators #1399
Replies: 5 comments 6 replies
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There is already a #staking channel on the Darwinia Discord. If there is enough activity, with 19M crab staking power someone from the Waiting pool could be picked into Active pool which will kick out into Waiting pool someone with 70-90% commission. |
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I am adding Laki's calculations to make more sense to discussion: Laki: i did this math at Darwinia Unofficial Community Chat... if a crab collator have 100% commission will "dig" less then 64$ in a month. If the costs are $60, there should be almost a 94% commission to break even 🙈😬 |
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Fixed by https://github.com/darwinia-network/DIPs/blob/main/DIPs/dip-1.md |
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Hi all. Due to recent discussions in Telegram Channel and extremely high 80-90% fees from many Collators that make staking for nominators on Crab Network extremely unatractive it seems now is the time to act and do something about this.
Anyone having any idea how to change this so nominators receive stable rewards from point of fees being up to 10% please propose it here or in Telegram. I will later collect this ideas and put them to vote so we will choose the best one.
Or we can disscuss the best one and choose it directly.
I leave that up to community to decide.
It would be great if developers and collators join this discussion. And express what can be done from their point of view. And what is reasonable fee from their perspective.
As always any opinion matters.
I will start:
My idea would be to keep the active set, but create lets say a Discord Channel where DAO members can act together and commonly join a more respected collator with fees up to 10%, that don't get changed as often as they please. Since Laki suggested this joining a collator together first and gave for example Polkadotters, it would be great to hear from them if they will keep their fee in range up to 10% when they move in active set.
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