ZetaChain announced that its Validator Delegation Program will delegate 10,000,000 ZETA, which is designed to support its ecosystem partners and help protect and grow the universal blockchain.
The main goals of the Validator Delegation Program include:
Recognize Active Contributors: Reward validators who actively contribute to the ecosystem through proven performance, community involvement, and technical expertise;
Support decentralization: Encourage the development of a diverse validator community by assisting smaller independent validators to obtain delegation and earn staking rewards;
Enhance network stability: Promote a balanced distribution of staking across various dimensions such as validator type, geography, data center, service provider, and operational setup.
The program delegates tokens to a group of active validators that meet specific criteria, working to diversify the network, empower independent validators, and create a level playing field for network participants. Limited to 15 validators, applications until November 28, 2024.