MPIP-XX: Stop Meta Pool performance delegation to validators ≥1% stake on NEAR
Summary
To strengthen decentralization, Meta Pool should exclude validators that already control ≥1.00% of total network stake from receiving performance-based delegation. (DAO-voted delegations remain unchanged.)
Success metric: 0 Meta Pool performance stake among the top-30 validators by total stake (a practical proxy for the ≥1% set).
Motivation
Performance routing that sends stake to already-large validators mechanically reinforces concentration. A neutral, fee-agnostic guardrail—no performance delegation once a validator reaches ≥1% of the network—aligns routing with the goal of preserving or improving the network’s Nakamoto Coefficient (NC) without dictating fees or validator identity.
Current facts
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On validators ≥1% stake (all MP flows): 1,620,283.819965 NEAR, of which
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DAO delegation: 939,321.070028 NEAR (unchanged by this proposal)
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Performance delegation (policy-relevant): 680,962.749937 NEAR ← would be stopped/redistributed by this rule.
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Validators ≥1% currently receiving Meta Pool performance delegation (illustrative subset; full amounts in the analysis):
astro-stakers.poolv1.near, zavodil.poolv1.near, liver.pool.near, epic.poolv1.near, stake1.poolv1.near, twinstake.poolv1.near, sofarsonear.poolv1.near, foundry.poolv1.near, aca87218e28c41f5a693dee3dff12238.poolv1.near, nearone.pool.near, here.poolv1.near, marcus.pool.near, p2p-org.poolv1.near, luganodes.pool.near, stakin.poolv1.near, macrodatarefinement.poolv1.near, d1.poolv1.near. (Per-validator performance amounts—for example, 49,964.62 NEAR to astro-stakers.poolv1.near, 52,570.68 NEAR to zavodil.poolv1.near, 63,705.34 NEAR to liver.pool.near, etc.—are detailed in the corrected file.)
Interpretation: the policy impact pool is ~680,962.75 NEAR of performance delegation currently sitting on ≥1% validators; DAO-voted amounts are explicitly out of scope.
Proposal (rules only)
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Eligibility cap: Any validator with stake share ≥1.00% of total network stake is ineligible to receive new Meta Pool performance-based delegations.
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Scope & neutrality: Rule is fee-agnostic and brand-agnostic; it applies uniformly to all validators.
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Governance untouched: DAO-voted delegations remain fully at voters’ discretion.
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Success metric: 0 Meta Pool performance stake among the top-30 validators by total stake.
Expected impact & how we’ll measure it
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Immediate: The ~680,963 NEAR of performance delegation currently on ≥1% validators will no longer be routed to those validators as the algorithm refreshes; new performance flow is directed to the <1% set. (DAO votes remain as is.)
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Ongoing: Prevents further concentration from Meta Pool’s automated routing and supports a higher (or at least not-lower) NC over time.
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Reporting: Per-epoch public check that validators in the ≥1% set receive zero Meta Pool performance delegation; monthly snapshot confirming no performance flow among top-30 and summarizing where performance flow lands in the <1% cohort.
Note on community recognition
If the community wants to recognize public-goods work by any ≥1% validator (e.g., education, tooling), do so via DAO votes—not via the performance router—so we preserve the decentralization effect while keeping governance freedom for explicit support.
This topic created to discuss this proposal, feel free to support/reject with comments.