Announcement: Empowering the Network

Dear DARC community,

Today we are going forth a significant transformation of our node operations to strengthen the Konstellation network. We will be redelegating and unbonding 9 out of 10 nodes operated by the foundation.

The result will improve the decentralization of the Konstellation network and give the community the voice it deserves by significantly decreasing the voting power previously held by the foundation.

Here are the immediate changes that you will see happening in approximately the next seven days:

  1. A total of 260M DARC from the ten nodes will be unbonded.
  2. The commission rate of the foundation’s nodes will increase to 75%, except for node3, to act as an exit signal for the delegators of those nodes. Please redelegate to other nodes if you are affected.

The remaining DARC will be progressively redelegated to other validators contributing to the Konstellation ecosystem.

Thank you and don’t forget to follow us for more exciting news to come!

Feel free to reach out to us with any questions at info@konstellation.tech

You can also participate in our next AMAs in 2022!

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DARC is the fuel that drives the Konstellation Network, the infrastructure for the interoperable DeFi capital markets.

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Konstellation Network (DARC)

Konstellation Network (DARC)

DARC is the fuel that drives the Konstellation Network, the infrastructure for the interoperable DeFi capital markets.

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