We as Meta Pool DAO are of the opinion that a healthy, informed debate around staking emissions is not just welcome, it’s necessary to ensure the NEAR ecosystem evolves responsibly and remains robust. Meta Pool has been supporting network health and validators in collaboration with NF over the last years and will continue to do so.
In anticipation of the vote to reduce inflation being passed, we and other ecosystem participants are developing comprehensive support structures. This is to ensure validators maintain profits and reward delegators for their loyalty as well as minimize the impact in the transition period leading into a community-governed era with House of Stake.
In response to the proposal made by HOT DAO to reduce the staking rewards emissions, we are proposing a new Validator and Staker Incentive Program featuring three complementary mechanisms, designed to support the diverse realities of the validator community.
Delegator APY Boost Program: Enables delegators to lock their tokens for a period between one to six months, and receive attractive boosted APY. Validators will receive a part of the boosted APY proportional to the locked stake delegated to them.
Community Validators: To ensure participation in the network remains attractive to community validators, there will be a program offering infrastructure cost subsidies for a transitory period. Also, to support the proposed emissions reduction, we’re introducing a low cost entry point to being a validator at ca. $30 p/m keeping security high whilst supporting NEAR’s validators!
Other Validators: It is planned to make a monthly purchase pool of discounted NEAR available to strong performing validators!
We will be working with NF and releasing details soon! Let’s keep building together and we’re looking forward to your active feedback to shape this proposal together!