Shibarium Lead Validator Explains Why It Turned Off Staking Delegation
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Unification, the lead validator on the Shiba Inu Shibarium network, has clarified why it temporarily turned off delegations to its node.
launch of the Shibarium network Unification’s validator node has 5,539,466 BONE (approximately $4.35 million) staked, representing nearly 20% of the total staked BONE supply.
However, in a recent development, Unification disclosed that the rapid increase in the number of BONE staked to its node was behind its decision to temporarily restrict new user delegation.
Unification admitted that its validator node “became too powerful too quickly” and posed decentralization risks to the newly launched proof-of-stake (PoS) network.
The Unification team revealed:
“By disabling delegations to our validator, we allowed a more equal distribution of stake power to the other validators on the network and therefore encouraged decentralisation.”
The validator added that although it has reopened delegation, it would continually monitor its staking weight and may “temporarily disable staking” to keep the network sufficiently decentralized.
Unification also raised its commission rate to 3% as another subtle way to discourage delegation to its validator. Of the 12 validators
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