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Have your say to amend the Rust Cup terms on EVER DAO Hell | Everscale News

Have your say to amend the Rust Cup terms on EVER DAO

Hello Everscale community!

The Rust Cup took place from February to September 2021. It was a contest for validators which aimed to test the network's capabilities. As a result, 300 DePools were selected as winners with the promise of a stake subsidy and boosted rewards for locked stakes.

However, the way the organizers held the contest was superficial, and the initial design turned out to be incompatible with the network's economic situation and tokenomics. This led to the reward payout period being prolonged and created tension within the validator community.

The Everscale DeFi Alliance took the initiative and set out to solve the issue and its consequences by getting all the validators together to discuss the matter. The talks resulted in a proposal that aims to find the right balance between the validators’ interests and the Everscale network’s sustainability.

Visit the EVER DAO proposal page for more information and have your say by voting:
https://everdao.net/governance/proposals/104