Back in June of 2023, the Fantom Foundation held a vote to determine whether the network should maintain its minimum staked token requirement at 500k FTM tokens or slash it by 90 in a bid to increase the spread of the ecosystem.
The change had first been proposed in February 2022 but wasn’t voted on until much later and only implemented recently.
Increase in Security, Possible Drop in Performance
Now that the necessary legwork and preparations have been carried out, the changes have gone live.
1/ Based on a governance vote, we recently reduced the validator self-stake requirement from 500k to 50k FTM, making it more accessible than ever to run a #Fantom validator.
But we’ve been asked:
“How does an increase in validators impact Fantom?”Well, let’s find out
