Today, the Mangata Ecosystem Development Fund is launching the 100 Collators Programme. Mangata X is running with 25 collators right now. The aim of this program is to increase the number of collators to 100 in order to ensure proper decentralization of the network by supporting small and independent node operators to become part of the Mangata Ecosystem. It is inspired by the 1000 Validators Programme by Parity and the Web3 Foundation and has the goal of scaling Mangata to 100 decentralized collators.
The program will help collators that are continually adding value to the Mangata ecosystem, such as by helping other community members, participating in governance, and influencing the ecosystem's growth.
How does it Work?
Node operators can apply for the program if they meet the requirements outlined below. After a screening process, collators that are accepted into the program will receive additional delegations to boost their competitiveness in the Mangata Proof-of-Liquidity consensus.
The first cohort of the collator program will receive delegations starting today.
- The collator is operational and in the set of candidates.
- The collator connects to Telemetry.
- Identity set and off-chain verified.
- Must upgrade the node within 12 hours of a critical release and 24 hours of a normal release.
- Must have a positive track record of contributing to the Mangata ecosystem. This can be various things like educating others, participating in events, participating in Governance, etc.
If you want to be considered for the 100 Collators Programme, please fill out the: Application Form
Follow Mangata Finance to get updated on all our latest developments:
- Check out the Collator Guide
- Follow us on Twitter @MangataFinance
- Join the Telegram
- Subscribe to our YouTube channel
- Join the Mangata X Newsletter at x.mangata.finance
- Join the Discord channel
Mangata is on a mission to become the #1 interchain DEX, offering traders and liquidity providers the best platform to access native tokens and earn rewards.
We believe that everyone should have the opportunity to participate in the decentralized economy and benefit from the power of blockchain technology. That’s why we are creating a user-friendly platform that makes it easy for users to trade, provide liquidity, and earn from multiple passive income streams through double staking rewards, even if they are new to crypto.
Mangata will offer access to the widest array of tokens from all chains, better prices for traders by mitigating MEV, and the ability to trade without gas.
At Mangata, we’re dedicated to building a fair and transparent platform that puts the needs of users first, offering the lowest fees for traders and the highest rewards for stakers. We’re committed to continuously improving our platform and offering new features that provide even more value to our users.
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