As a matter of principle, CYJ will be sharing 99% of forging rewards for the foreseeable future.
I'm not a fan of some delegates running multiple delegates resulting in pushing out contributing and valuable delegates that have been here for years.
Doing so makes us no better than the whale that pushed everyone out and made the network virtually "private" for months on end.
I am hoping this action will encourage some to stop running multiple delegates and embrace decentralization.
Share rate increased to 70%
From emsy: Delegate friendsoflittleyus has been busy working on a home relay project during the past few weeks. After a few teasers we think that it's time to reveal more details, we are currently working on an e-commerce website where you can purchase customized relay nodes with ARK. You can customize the hardware and choose a casing. We will also offer services like pre-installed, pre-synced and pre-built. Plug and play kit? No problem. Are you a learner and do you want to DIY? Awesome. You decide what you want. We are not done yet, we're also happy to announce that we're collaborating with delegate cams_yellow_jacket. CYJ runs the Relay Ops Program where a total of 5 node operators can earn ~100 ARK a month each by keeping their nodes online and contributing to the network. On top of this CYJ is running a second program called the Relay Purchase Program where anyone who purchases a relay node from friendsoflittleyus will receive a 50% discount in the form of ARK cashback, whether the purchaser participates in the Relay Node Ops Program or not. There is no limit to participants in this program, but there may be a delay in payment until the escrow has enough ARK to pay the purchaser. We will post a teaser soon! Do you like this project and do you want to support us? Please consider voting for friendsoflittleyus and / or cams_yellow_jacket
Voter share % increased to 65% and frequency increased to every 3 days instead of every 4 days.
We are now paying out to voters every 844 blocks, ~4 days instead of once a week.
Increased share rate by 3%. Will re-evaluate in the coming weeks to see if the current Ark price remains stable and may increase again :)
Re-evaluated expenses, voter share slightly increased. Thanks for voting CYJ :)
With Cam taking the reigns on the video operations, and Ryan being an amazing coach, the next video is well underway. We're excited to get this delivered and love how it's coming along, stay tuned! 😀
CYJ has increased it's share rate with voters. I'll re-examine the ability to increase again in the coming weeks, and if able, I will. Thank you for the support!
Update to Proposal:
Ryan & Cam have happily and successfully been running the cams_yellow_jacket delegate on Ark Mainnet for over a year and a half, and we’re both very proud of that.
Due to some unforeseen circumstances, Ryan is going to minimize his role within the CYJ Delegate. Ryan is not resigning, but will be taking on more of a ‘coaching’ role when it comes to the Video Operations side of the house for the CYJ proposal. When Ryan is able, he will rejoin CYJ in his previous full capacity.
What does this mean for Delegate Cam’s Yellow Jacket?
There will be some changes. Cam is taking primary control over the delegate and the promised proposals responsibilities. Cam will oversee the Video Operations along with the Node Ops program (which he previously controlled). CYJ has recently retained a new animator for the Video Operations and Ryan will be working with Cam on how to produce high quality, informative video content for the Ark Community and anyone interested in learning more about Ark.
I want to be clear, this is not a break up, it is not contentious, (Ryan and Cam are still partners and happily so), this is a shift in control and responsibility for the foreseeable future.
What is changing immediately in CYJ’s Proposal?
Everything is remaining the same in regards to the Video Operations and Relay Node Operations Programs. However, we’d like to add that supporting CYJ now supports Cams position as an Ark Advocate.
The Relay Node Ops group sponsored by CYJ program has slightly changed. We were finding it hard to keep a roster of 5 dedicated individuals, due to this, we have decided to reduce the Relay Node Ops roster to 3 relay node operators. The fund is still the same, receiving ~2% of forging rewards, and being paid monthly, however, due to the smaller roster, each operator will now be paid a larger amount. We also feel this is appropriate due to the current valuation of Ark.
CYJ Relay Node Ops Roster is once again full!!
We lost an operator (dated) because he became disqualified for the program once becoming a forging delegate. Luckily, we have plenty of eager Ark Ecosystem Community Members ready to answer the call!
5th Payout Cycle Processed!
AND our 1st Payment to the Relay Node Operators from out Relay Node Ops Program! :)
Our Relay Node Operators Roster is now FILLED! :)
1st Video, DPoS Explainer Video is in production.
4 Relay Node Operators are currently being compensated for their contribution to the Ark Ecosystem via CYJ Node Relay Operations.
Space for 1 more!
3 Relay Node Operators are currently being compensated for their contribution to the Ark Ecosystem via CYJ Node Relay Operations.
Story Boards for the 1st Video to be released by CYJ, "DPoS Explainer Video" complete.
1ST VIDEO FUNDED, UNDERWAY!