Skip to main content

Early Collator Program

In recognition of the early support collators lent to the network through early 2022 when there was little incentive to doing so, we propose the following time-limited Early Collator Program to reward their support and allow them to accrue part of the KMA amount necessary to continue running collators on the network through staking rewards:

  • This program is open to anyone (~30 people) with an active collator registered with the previous Community Collator Program before launch of staking
  • An Early Collator will be allowed to join the staking set once at a 400_000 minimum bond through the rest of 2022.
  • If the collator leaves the set for any reason, the normal 4_000_000 KMA bond will be required rejoin.
  • There will be no intervention in free-market mechanics beside the above lower entry-bond on behalf of early collators.
  • Early 2023 will see a runtime upgrade or governance motion that disables this mechanism AND will forcibly off-board any collator in the set below 4_000_000 KMA self-bond.