Status of Delegation Round 28 – CDC Progress Update (2024.01.08)

Table of Contents

Status of Delegation Round 28 – CDC Progress Update (2024.01.08)

Table of Contents

Following the previous update on Delegation Round 27, here’s the latest progress:

  • In Round 28 (Dec 2023), delegation funds were assigned to 8 validators, comprising 1 High Delegation and 7 Basic Delegations. Validators include nodes Yoitsu, PM, moonbeam, Leafwind.tw, Oldcat, AnyValid, PikaSer, and Liker.Social Mastodon Instance (High Delegation).
  • The current total delegated amount stands at 244,589,042 LIKE.
  • There are 2 renewal and 1 new application in this round that failed to acquire the delegation. A summary from the committee members indicates that the reasons for not voting ‘Aye’ include:
    • The new application didn’t detail what they have done in the past.
    • Some of the renewal validators do not have new ideas or progress on the project.
    • Did not vote.
    • The commission rate policy (too high) does not align with what they have done.