interchainio / delegation

ICF ATOM Delegation
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ICF ATOM Delegation

This repository summarizes the Interchain Foundation's approach to delegating its ATOMs.

Overview

The Interchain Foundation (ICF) takes a conservative approach to all of its activity. As outlined in a recent blog post, the success of the network depends fundamentally on the actions of the wider community. This means the community of ATOM holders is responsible for ensuring the network is sufficiently decentralized and that community interests are adequately represented by the validator set.

That said, as a significant stake holder in the Cosmos Network, the ICF is interested, like other significant stake holders, in the success of the network, which includes the decentralization of its validator set.

To this extent, the ICF intends to delegate some of its ATOMs at some times in a way that encourages a healthy validator set.

As of April 4, 2019, 5 validators control one third of the stake and 13 control two thirds (see the cmd/stake-dist tool).

ATOM holders are strongly encouraged to diversify their delegations to improve the decentralization of the validator set.

Delegations

See the delegations directory for documentation on particular delegation decisions by the ICF.

Disclaimer

The ICF reserves the right to change its delegations at any time. It may withdraw delegations from some or all of the validators it has delegated to and/or redelegate to specific validators at any point in time without any reason. Further, no validator may assert any claims against the ICF to delegate ATOMs to them. The ICF is under no obligation to delegate its ATOMs. Delegation from the ICF is in no way an endorsement.

This document is for information purposes only with regards to the ICF's intention and is not binding in any way.