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DiscussionsValidationGaia v12 Upgrade: Validator Instructions for Liquid Staking [ACTION REQUIRED]Forum ↗

Gaia v12 Upgrade: Validator Instructions for Liquid Staking [ACTION REQUIRED]

Validation1 posts915 views4 likesLast activity Sep 2023
ST
StrideOP
Sep 2023 4

These are instructions for Cosmos Hub Validators regarding the v12 Cosmos Hub upgrade expected September 13th. What is this? Validators must validator bond roughly 300-700 ATOM before September 13th , to participate in liquid staking. This is part of LSM’s design and strengthens PoS by having validators put some “skin in the game”. On September 13th, these tokens must be validator bonded. The liquid staking module will go live on the Cosmos Hub as part of the v12 upgrade on September 13th. In order to accept liquid staking delegations from liquid staking providers like Stride after LSM is live, Cosmos Hub validators will need to put some “skin in the game” by validator bonding a small amount of tokens. Even if you have self-bonded ATOM to your node, you still need to validator bond. For each ATOM bonded, validators can accept 250 ATOM from liquid staking protocols like Stride. Only validators with validator bond can accept liquid staking delegations! This requires action on the part of each validator immediately after the upgrade. The necessary steps are below. If a validator has not validator bonded, they will be ineligible for delegations from liquid staking providers…

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