Pooled Validator Participants

    Pooled THORNode Validator Participants

    To setup a classic validator on THORchain, there’s a minimum amount of 300k $RUNE required, and this number could be higher with competition. Putting the financial hurdle aside, there’s also a technical limitation since it’s not everybody that can run a validator node. So it made sense that THORchain allowed pooled THORNodes where different participants could come together and run a validator node.

    Up to 6 THOR addresses are allowed to bond to a single pooled node and operators are obliged to take a 20% cut of validator rewards. At the time of this writing, there are 308 classic validator nodes, and 97 pooled validator nodes which are of interest to us in this research.

    So the methodology will be:

    • to look into the 97 that are not part of the 308 classic node
    • and analyze the participants
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    Although THORchain placed a limit of 6 on the number of bond participant a particular node can receive, bond participants can provide to as many nodes as they can. This is evident in the number of bonded nodes per participant displayed in the bar chart below.

    In summary:

    • There are 308 classic validator nodes and 97 pooled nodes
    • The pooled nodes are run by only 25 bond participants
    • The top 3 participants have bonded to 19, 15, and 10 nodes respectively.
    • Only 8 participants stick to 1 node.