GEL Staking Economics V1 and the GEL Flywheel: Incentivizing Gelato Node Operators and Driving Sustainable Growth

Building upon the initial proposal “Node Operator Staking Wave 1”, which focused on the permissioning of the inaugural cohort of Gelato node operators, this proposal serves as a continuation and delves into the first generation staking economics for node operators in the Gelato Network.

The purpose of this proposal is to outline the first version of staking economics of the Gelato Network, addressing the structure, rewards, and incentives for node operators. The proposal seeks ratification from the GEL community, to reserve 750,000 GEL tokens from the network growth treasury, to be spent on the first period of the GEL Staking V1 node operator incentive scheme.