Prop 226: Approve Polkachu as Crescent Liquid Staking Validator
According to the last announcement for adding a new Liquid Staking Validator, we had got an LSV application form for 2 weeks. Based on the scoring system that we opened and discussed on the commonwealth, we extracted the top 3 candidates out of 9 candidates.
Voting YES to this proposal means that you approve ‘Polkachu’ to be adopted as a new liquid staking validator.
only YES votes will be counted. Voting NO, NO WITH VETO, or ABSTAIN will have no effect on which candidate is adopted. (However, when the number of the voting amount is significantly different among each candidate, No votes can be reflected)
Voting procedures summary:
- Existing LSV should not vote, and votes by existing LSV will not be counted for this proposal
- Only one candidate that receives the highest number of CRE for ‘Yes’ voting, can only proceed to the next step
- The final validator needs to be agreed upon via on-chain governance(existing LSV need to vote)
- New LSV is added upon the passing of the governance proposal
Link to the docs for all candidates scoring:
Here’s the scoring system that was discussed before: : https://commonwealth.im/crescent-forum/discussion/11043-the-feedback-period-for-lsv-candidates-scoring
Qualitative Scoring Criteria submitted by Polkachu
How will you contribute to the Crescent Ecosystem in the future?
:We offer Node Infrastructure Products. Crescent will be supported across all products. Polkachu is not only a trusted validators on proof-of-stake blockchains, but also a major infrastructure provider for these projects, especially in the Cosmos Ecosystem. We have 6 main infrastructure products: State-Sync: Polkachu provides state-sync servers and guides. Node operators can quickly sync up a node with minimum storage requirement. Currently we support state-sync on 40 chains. Details: http://polkachu.com/state_sync Node Snapshot: Polkachu provides node snapshots for node operators to quickly sync up a node. These nodes are frequently state-synced to reduce the storage requirement. Currently we support node snapshot on 40 chains. Details: http://polkachu.com/tendermint_snapshots Public RPC, API and gRPC: Polkachu offers public RPC endpoints for 42 chains, API endpoints for 41 chains, and gRPC endpoints for 41 chains. Details: http://polkachu.com/public_rpc , http://polkachu.com/public_api , and http://polkachu.com/public_grpc Miscellaneous Node Operator Support: Polkachu offers many other miscellaneous node operator supporting tools. Live peers for 42 chain. Details: http://polkachu.com/live_peers Seed nodes for 41 chains. Details: http://polkachu.com/seeds addrbook.json files for 41 chains. Details: http://polkachu.com/addrbooks Genesis mirror download for 41 chains. Details: http://polkachu.com/genesis Node installation guides for 37 chains. Details: http://polkachu.com/installation CLI command cheatsheets for 39 chains. Details: http://polkachu.com/cheatsheets Interchain Upgrade Watcher: We keep track of network upgrades, provide upgrade guides and show live consensus progress at the upgrade height. Currently we support chain upgrades on 38 chains. Details: http://polkachu.com/chain_upgrades Testnet Labs: While the above products are designed for mainnets, we also offer supports for many testnets with the similar suite of product offerings. Details: http://polkachu.com/testnets
What is your long-term plan to sustain the Crescent node?
:Continue to maintain our commitment to PoS chains such as Crescent
Infra specs and operation specs
:See https://polkachu.com/blogs/holy-trinity-a-system-approach-to-tendermint-based-chain-validation