[BIP-10] RFF: Fantom Validator Staking Capital

Total Amount Requested: 500,000 FTM (~$1.2M at time of post)

To contribute further to the Fantom ecosystem, Beefy would like to operate a Validator Node. Validators power the Fantom blockchain through a Proof of Stake model, which provides both an economic barrier and economic incentive to ensure the continued security of the blockchain.

Becoming a Validator would allow other members to pledge their FTM to Beefy, earning a share of the staking rewards:

• From 4% APR through an unlocked, "stake-as-you-go" method, scaling to
• ~14.24% APR using the maximum 1 year lock on your stake

As Fantom institutes a fixed 15% delegation fee for rewards, delegating to Beefy would assist in our goal of positioning the Treasury for long-term sustainability. It also greatly helps to decentralize the Fantom network.

More information: https://fantom.foundation/ftm-staking/

The funds being requested are directly from our Treasury, granted to us by the Fantom Foundation, and would be staked for the maximum period of 1 year.

If this Proposal passes, a second Proposal will be created, seeking funding options of up to $5000/yr for the hardware needed.