Checking for unbounding issue

The issue seems related to the server provider, I am checking with them whats happening.

Edit 10:30. I was right, issue is being fixed.

Edit 10:35, currently catching up blocks.

Edit 10:40 : still catching up.

Estimated online again around 12:00 UTC+2

Edit 11:45 : unjail done, sorry for incovenience.

Update done + Fee increase to cover server cost

Hi all ! The node is running smoothly currently and is ready for the implementation of Binance smart chain. This news is huge and should bring a ton of news users 🙂

Like you noticed some other validators increased their fee last weeks. The drop in rewards compromise the server cost maintenance considering too the time needed to update the node (I spent some hours during the last month updating the node, and a lot when the switcheo chain halted).

As a consequence I will increase the fee with a +0.25% fee on all tables level. This increase will take place on March 22nd.

Thank you for your support.

Just Chilling

Node is working perfectly with a almost zero missed blocks, recent upgrades were all ok too. Your dear validator is still there monitoring the node.

Stay safe, and stake for yours 2022 holidays 😉

Update to 1.9 ready

Just a fast update to tell you that the node is ready to pass to the 1.9 version. All the update process went smoothly.

The node disk space is currently occupied at 1.8%, that’s pretty nice.

See ya 😉

Grinding continue

We entered in top 10 some days ago, a nice performance regarding the last months!

We are fighting for 10th place versus Born2Stake. Both 9th and 12-13th are far, we should stay in the 10-11th range within next months.

The node still in perfect state, no issue reported. See ya 😉

Take off !

Yesterday was a special day, two big holders joined the node for a total of 8M SWTH. The validator rank went from 17th to 14th place. Now the node is in a safe place and should have increased the fee but like I mentioned in my last post the fee will stay at zero until October 15th cause of the wednesday’s upgrade issue.

I read on Telegram some of you are confused about the fees. I want to clarify : from 16th to 31st October the fees will stay at 0.1% whatever the rank is. The fees will increase following the table (if ranked 15th or better) only on 1st November. Please notice that the zero fee isn’t sustainable over the long term cause of the server cost, reason why the commission have to increase later.

Rank analysis

We are currently “fighting” with O3 and Everstake for the 12th place into a 1M range. (fighting is a big word, validators are pretty friendly with each others)

On top and bot side, Neo and Huobi are far and we are at a safe distance to 16th place in case of a Binance join. On next week the zero fee should allow more people to join. and reach this 12th place. (Like in Formula 1 let’s consider I’m wearing Soft tyre compounds and rivals race with Medium).

Thank you all for your support and let’s race!

Issue fixed

The node upgrading issue is fixed. The jail caused many delegators to lose 0.1% of their stake, as compensation the fee will stay at 0% until October 15th included and then will be locked at 0.10% whatever the rank is until October 31th included.

This kind of event shouldn’t happen in the future because next updates will be automatically processed with the package installed in 1.80 update.

Sorry again for the inconvenience and thanks for your support.

Margin of Safety of 1M

We now have a 1 Million Switcheo margin of safety. Solid Stake won 1M SWTH in 5 days. If you check my last post you will notice Everstake and io have only slightly increased their stake, we should achieve 16th in about 10 days if conditions remain the same. Thank you all for your support.