Got a question? Get answers in the Telegram community or send a tweet to @AvascanExplorer.
Almost one month has passed, and we needed to make a recap of what’s happened to our validators since mainnet launch on September, 21st.
- We launched ‘Lazy’ Snorlax on day one with about 500,000 AVAX borrowed from selected investors, and it became the most delegated validator of the whole Avalanche network in just five days;
- We launched a second validator, Ditto, with a new wave of borrowed AVAX (over 160,000) that let users get double the SCAN tokens of ‘Lazy’ Snorlax;
- We launched a Trustless Lending Program on the experience made with the first two validators, and collected hundreds of thousands of AVAX, ready to be allocated to new validators.
Today, we launch the result of the Trustless Lending Program campaign that we began a few weeks ago: introducing Abra.
Abra is the first validator that we launch with AVAX borrowed from investor that joined the Trustless Lending Program campaign, so we want to make a soft launch: that’s why it has a very low 5% delegation fee, but we won’t be issuing SCAN tokens in place of delegation fees spent by the delegators.
This is an experiment to understand how the market of validators on Avalanche is actually made of. But it’s also (and most importantly) a way to understand the value of the SCAN token. Will you delegate Abra and have a quick reward or invest in the future of Avascan by delegating to ‘Lazy’ Snorlax or, even better, Ditto?
To help users, delegators, understand which Avascan validator to choose, we designed a table of comparison:
Name | Stake | Capacity | Fee | End | SCAN issued | Why delegate? |
---|---|---|---|---|---|---|
‘Lazy’ Snorlax | 493K | 1.972M | 10% | Dec. 8th | 10% of delegation reward | Avascan quality + compromise for reward and SCAN tokens |
Ditto | 166K | 664K | 20% | Dec. 3rd | 20% of delegation reward | Avascan quality + get more SCAN tokens |
Abra | 600K | 2.4M | 5% | Nov. 12th | 0% of delegation reward | Avascan quality + earn a quick reward at a low fee |
It’s very easy to find the Avascan validators: head to the Validators page and look for their names. If you have a validator of your own and want it to be verified, apply for our Validation Verification Program.
Got a question? Get answers in the Telegram community or send a tweet to @AvascanExplorer.
Happy delegations!