LunaX Validator Expansion

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LunaX Validator Expansion

2 mins read / updated on Thu Aug 31 2023

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With this blog piece, we want to share the steps we are taking to further enhance decentralization on LunaX by increasing the validators in our LunaX Validator Pool. This article will hence focus on three key areas:

  • LunaX Validator Expansion
  • LunaX Validator Selection
  • Future LunaX Validator Evaluation

LunaX Validator Expansion

Decentralization is at the heart of Stader. However, protecting our user’s funds from slashing risks while generating consistently high returns is paramount to us. We have hence taken a cautious approach to expanding our LunaX validators.

Currently for LunaX, we have a pool of 9 validators. These were chosen from our existing Stake Pools, based on their APR performance.

The existing 9 validators include:

  • Terran One
  • CoinBevy
  • Luna Station 88
  • Talis Protocol
  • Orbital Command
  • Terra Bites
  • Mosaic
  • Smart Stake — terra.smartstake.io
  • PFC — OSS FTW

We are expanding this set to include 11 additional validators thereby creating a pool of 20 top-performing LunaX validators based on a well-defined selection criteria.

The 11 new validators to be added are as follows:

  • Allnodes.com ⚡️ 0% fee
  • THORchain.BULL & 0xVentures.org
  • BlockNgine 🛡️ Slash Protected
  • stake.systems
  • MANTRA DAO
  • setten.io
  • Galactic Lounge 🥃 🍸 🍹
  • Luna Burner 🔥 0%
  • WeStaking
  • Aardvark
  • Centauri Alpha

LunaX Validator Selection

Stader has outlined a transparent & clear set of criteria to drive validator selection. For LunaX, the 11 new validators have been shortlisted based on the below factors:

  • Descending order of 30 Day Average APR*
  • Voting Power >=0.25% and <= 2.5%
  • 30 Day Average uptime** >= 99.85%
  • Age on Terra >=90 days
  • No slashing history over the last 3 months
  • Preference to validators contributing to Terra community (As determined by Twitter survey conducted by Stader)

Future LunaX Validator Evaluation

Going forward, Stader will continue to re-evaluate and periodically update its complete validator set based on the parameters defined above. Additionally, we will consider other parameters including the following in our validator set:

  1. Consistent Governance participation
  2. Additional Community contribution

We want to keep our community’s needs at the center of everything we do at Stader. We would hence love to hear your feedback or any suggestions you may have on the LunaX validator expansion here.

Thanks for your incredible support and love!

— — —

* March 17th to April 15th, 2022

** March 1st to 30th, 2022; This data was considered for this period due to data availability issue

By:

Stader Labs

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