💰 Bonus Rewards Program 💰
We are working on a rewards program for our nominators!
Our nominators will receive periodic bonus payments for nominating our validators. These payments will be automated and no action is needed from the nominator.
The Kusama network imposes a minimum commission to validators of 10%. The rewards program would allow us to offer our nominators a potentially lower commission than the network limits.
Besides allowing us to offer an increased profit to our nominators, the rewards program allows us to choose who we pay the bonus rewards to. We will pay increased rewards to nominators that have been with us for a longer time. On top of that, we can elect not to pay rewards to the TVP / DN nominators. Since these are the bulk of our nominators, this means that we can keep our profit margins almost intact, while providing a significant discount to the commission of ordinary validators (like you!).
We hope that this initiative will allow us to grow our organic nominators and become independent of the TVP / DN!