Polkadot: The Staking Paper Prelude Polkadot’s staking system has evolved a lot since its inception. It has often been a pain-point for end-users, and a platform for technical progress given its difficult nature. Here are some of the noteworthy links to recap the history: Polkadot/Kusama Staking C…

Focus only on 2 points: Commission for pool operators, less good. Many operators already benefit indirectly when they choose themselves as validators. [image] kianenigma: For example, at any point in time, the first 5% of the total staked amount can be unstaked with 7 days of bonding duration. …

[image] kianenigma: Beyond this list, revising slashing is also a something that is ought to happen, but I have less concrete ideas and plans around it now, so I will postpone talking about it in this post. I’ll deliver fresh thoughts on slashing one of these days, much less idealist than my …

Two additional points that should be considered: The plan of moving staking feature into a common good parachain and how it plays with governance & other features. Do we want a governance chain and a staking chain or a single parachain chain for both staking & governance & some other features? Put…

[image] xlc: For example, fixed number of nominator cap makes liquid staking protocol implementation very complicated for no obvious gain. Could you elaborate more on the pain points with the current implementation? I would have assumed staking derivatives can work in a similar way as nominat…

I’ve talked with Kian about this multiple times and we had https://github.com/paritytech/substrate/pull/10340 but unfortunately it didn’t make it. Basically each validator have a staking amount cap (or else the reward % will decline) and each nominator have a nominations cap. This essentially creat…

[image] coco: Focus only on 2 points: Commission for pool operators, less good. Many operators already benefit indirectly when they choose themselves as validators. I totally agree, but I am not compelled that the feature should not even be an option. We’ve developed it such that there is a s…

Agree with all the raised points. On deprecating controllers: Please keep this as a soft requirement that a future system is at least as simple as controller-stash. If you are onboarding into Polkadot staking, it takes some time to think all of this through and it can be a stopper for new validator…

[image] coco: [image] kianenigma: For example, at any point in time, the first 5% of the total staked amount can be unstaked with 7 days of bonding duration. The next 2.5% with 14 days, and the rest with 28 days. Really? We have to become simpler. The nerdy tech deters and prevents mass a…

[image] natalie: On another note, are there plans to make pool evaluation easier too? Like showing / calculating the pool performance and including filters? Or would this be staking dashboard UI updates? This is mainly a UI problem, it would be highly contentious for Polkadot the protocol to …

The Future of Polkadot Staking

Tech Talk

kianenigma January 30, 2023, 10:18pm 7

(https://github.com/paritytech/substrate/pull/10340 is being worked on again as we speak – I expect it to be over within Q1 this year, thanks to @gpestana.)

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The Future of Polkadot Staking

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