Learn more about Meta Pool Principles of management
Meta Pool follows the NEAR Foundation strategy to spread the stake among the long tail of high-performance, low-commission, non-concentrated validators, in order to increase decentralization and censorship resistance for NEAR.
We evaluate all validators, in our main product we do not have whitelists, and we publish the formula, the code we use to compute the formula and also the results that will be on chain. The ethos is to be totally transparent and open to all validators. =
We have 4 criteria for selecting validators on the NEAR network, that are in line with our ethos of transparency and fairness:
- 1.Uptime > 95%
- 2.Fees < 10%
- 3.Making sure the validator doesn't reduce the Nakamoto Coefficient
- 4.Have enough tokens to accomplish the seat price of NEAR Protocol
Meta Pool helps struggling validators to keep a seat and keep validating in case of sudden rises in seat price. There will be staking-loans available for whitelisted validators, and also emergencies stakes from the liquidity pool. Pools requiring staking will have to pay x-epoch rewards in advance. Fees paid will be distributed as rewards between the stNEAR holders and/or the Liquidity providers.