Ah I meant to tag you about this! It's not live yet, however, I will have a post up on Hive tonight detailing my plan for the validator, and then will be messing around with getting it set up tonight. We need to break into at least the top 100 to start earning rewards, and the #100/99 are roughly staking about 18k OSMO.
So between myself, a client of mine that's buying a bunch tonight, a few other buddies, and you, hopefully, we can get close to that, depending on how much you're willing to bring over!
Also, if we can bring a bunch of people over within the first 24-48 hours, I'm willing to even bump the initial rebate value up by 0.5% for all rebate staking tiers in my validator for the first 30 days :)
I Will tag you tonight when I post the validator post here so you can check it out and leave your thoughts - I've gathered up all the build docs/tools/etc and chatted with a few other people that have set up validators, so this should be a fun project!
Plus, if this first validator goes well, then I definitely plan on expanding into launching validators for other Cosmos ecosystem tokens/projects, as well as other tokens outside of Cosmos :D
Sweet, I've wanted to look in to validating, but have no confidence in my technical ability (I have none).
Will have 2K OSMO to help you get going. Are you confident you'll have no downtime or slashing?
I've been MIA around LEO for a while, real life has been crazy busy, but OSMO is printing me a really nice position to give me some better options for next year to maybe get out of FIAT work all together.
If I was a validator, I'd be building links to the new projects launching to get a foot in the door, and a position early at launch or soon after, and keep an eye on chains that increase their validator set and pounce on those opportunities - like Persistence at the moment (XPRT) currently voting to increase from 50 - 75.
Looking forward to your post.
Cheers mate.
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Oh, I hear you there!
Yeah, I am very confident that downtime and slashing will NOT be an issue - Whatever it takes on my end to make that a reality, will be done.
OSMO is absolutely KILLING it for me - my daily yield is literally higher than average American take home right now - and the fact that it runs 24/7/365...beautiful.
Tracking the results on my spreadsheet for the past 20 days has just been phenomenal to watch. And this, in addition to my normal work? GG.
Hopefully, my idea for building out validator farms and growing it into something large that spans across various blockchains and tokens, essentially creates an opportunity to just push that as my main source of $.
I do like your suggestions, and I'll definitely take a look at XPRT - perhaps you and I should chat further, we might be able to do something with this idea with you working on chasing down new opportunities, and myself focused on the infrastructure and economics/feasibility of it all. This could become something big!
Hit me up on Discord:
tradingdojo#2782