Lattice (LTX)

09 May 2025 13:33

I think he'll be able to run it on whichever platform we select. @criptix can you check if he's ok with this?

Lattice (LTX)

09 May 2025 13:30

Isnt it netmet to decide since he will be running it?

Lattice (LTX)

09 May 2025 13:29

Get a few options and then run a poll and add the result into the proposal

Lattice (LTX)

09 May 2025 13:18

This means the proposal is fine as it is now. I will just add the definition of operation costs as recommended.

Lattice (LTX)

09 May 2025 08:16

I run my alkimi node through clouvider based in London. For a one year plan I pay 76€ and only had to restart the node once since October.

Lattice (LTX)

08 May 2025 14:15

Also, appreciate you putting this together! 🤝

Lattice (LTX)

08 May 2025 14:03

Ahh yeah that makes sense if Netmet has to manage personal account, expenses, taxes, etc. not sure how that would even work.

I’m assuming we all think rewards are going to go up.

The delegated option is so easy, $7/mo to not have to think about if the node is running is well worth it IMO.

Lattice (LTX)

08 May 2025 12:14

Based on the discussion here- If Last quarter's rewards were worth about USD$170
Delegated staking;Delegated staking cost USD$95
Remaining $75, 100% for treasury $75
Self serve;Self serve node cost staking USD$75
Remaining $95, 20% for node operator $19, 80% for treasury $76


But- If reward increases to $300 per Quarter
Delegated staking; Delegated staking cost 95
Remaining $205, 100% to treasury $205

Selfserve; Self serve node cost $75
Remaining $225, 20% node operator $45, 80% to treasury $180

Lattice (LTX)

08 May 2025 10:58

Agree having it run by Alkimi would be better off for the treasury, thus everyone

Lattice (LTX)

08 May 2025 10:54

But why are you including 20% for operator if its delegated staking,

Delegated staking no operator is needed.

All the 75$ would go to treasury

Lattice (LTX)

08 May 2025 10:45

In that case it might be better to go with a fixed cost of 95$ , incase rewards increase we shall not pay the node operator more because when rewards increase they will still get 20%

Lattice (LTX)

08 May 2025 09:50

So is it cheaper to give out 20% of rewards after deduction of vps costs compared to delegated staking?

Lattice (LTX)

08 May 2025 08:24

Something to that, yeah. As running the validator is literally no work at all.

Lattice (LTX)

07 May 2025 23:06

I know that this has been in the works for sometime and there have been a lot of revisions and back and forths on what the distribution split should be. This is, imo, a great proposal to build the treasury. Nice work @XtremePhoenX

Lattice (LTX)

07 May 2025 19:38

How many ADS does the treasury have?

Lattice (LTX)

09 May 2025 13:30

Digital Ocean, Clouvider

Lattice (LTX)

09 May 2025 13:30

Then it's all documented

Lattice (LTX)

09 May 2025 13:29

I think it would be good to have a look at some VPS costs so that we, as a community, can decide which option to go for

Lattice (LTX)

09 May 2025 11:38

@criptix Hello Sir, check dm

Lattice (LTX)

08 May 2025 18:39

Just as an FYI we've had a lot of discussion around this proposal within the proposal committee and with the Alkimi team about how this would be feasible due to their kyc requirements and that feedback has been put into this proposal.

As Alkimi requires every account that runs a validator to be KYCd, we as a DAO, will be unable to do so. Netmet, as a trusted member of the community, will run the validator through his KYCd account. Either way, delegated or self serve, he should receive some portion of the rewards for allowing us to be able to participate in the program as it will be done through his account.

The best way to maximise the amount that the DAO receives will be to find a VPS provider that can meet the tech and location requirements at the most reasonable price.

Lattice (LTX)

08 May 2025 14:06

I think 20% makes sense even as this scales, given the personal responsibility.

I definitely trust Netmet, but with any agreement it’s probably good to establish “operational costs”?

Lattice (LTX)

08 May 2025 12:18

So delegated staking is less costly if we believe Alkimi revenue will increase, but we still need a labs account by a trust worthy individual as the DAO can not have a labs account, that person was supposed to be Netmet, But I dont know if he will accept if he is not earning anything, maybe @criptix can help advise us on that side of things

Lattice (LTX)

08 May 2025 11:30

Agree with Bladeclaw, if it's a delegated validator you are already paying Alkimi to run the node; then we're paying someone 20% on top 😵‍💫

Lattice (LTX)

08 May 2025 10:56

But if rewards value is 300$ a quarter
Lattice will be loosing out if node manager is used, in that case delegated staking is better

Lattice (LTX)

08 May 2025 10:45

Last quarter's rewards were worth about USD$170
Delegated staking USD$95

Remaining $75
20% for operator $15
80% for treasury $60

Lattice (LTX)

08 May 2025 10:42

Depends on amount of rewards and then the price of $ADS

Lattice (LTX)

08 May 2025 09:07

Delegated validator price is $95 per quarter. It's roughly $20 more than self serve validators depending on which VPS provider you go with

Lattice (LTX)

08 May 2025 01:24

Honestly I think this is a great idea, but 20% of rewards for node management doesn’t seem like a good deal. We can pay Alkimi $20 per quarter to manage the node.

Lattice (LTX)

07 May 2025 19:48

Around 50k, so just enough for one node :)

Lattice (LTX)

07 May 2025 19:01

Alkimi nodes proposal has been added to commonwealth site. Anyone can now review and give any relevant feedback. https://common.xyz/lattice-gateway/discussion/1251012-Operating%20Validator%20Nodes%20on%20the%20Alkimi%20Exchange 🔥