Meter Mainnet - Roadmap to 500 Nodes

Voting ended almost 4 years agoSucceeded

This proposal provides a guideline for incentivizing the setup of new nodes on Meter Tesla Mainnet through Meter Foundation votes delegation.

Currently, there is no formalized process for incentivizing further decentralization of Meter Network.

The detailed proposal can be found on Meter Forum, https://forum.meter.io/t/meter-ecosystem-roadmap-to-500-nodes/190

With the proposal, any new node setup will be incentivized by the delegation of 22,500 MTRG by the Meter Foundation. Any current allocation to nodes will continue until additional MTRG allocation to new nodes reduces staking APY below 9-10%. The founding validators (identified as holders of the Tesla Founding Validator NFT) will receive an allocation of 50,000 MTRG per node per NFT.

Off-Chain Vote

Approve MTRG Delegation Proposal

455.82K 98.5%

Deny MTRG Delegation Proposal

6.89K 1.5%

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Timeline

Mar 05, 2022Proposal created

Mar 05, 2022Proposal vote started

Mar 12, 2022Proposal vote ended

Jun 11, 2024Proposal updated