🗼Inclusive Validator Engagement

Accessible Validator Onboarding

BittensorVM breaks away from the steep entry barriers typical of numerous blockchain platforms, advocating for a more inclusive validator model. Initially, validators are required to stake 1 ETH, fostering a robust, secure foundation. This criterion aims to gather a dedicated validator ensemble capable of bolstering the network during its nascent phase.

However, BittensorVM is dedicated to democratizing the validation landscape, with a defined plan to lower this threshold to as minimal as 0.1 ETH, promoting a more decentralized and inclusive ecosystem. This progressive strategy underscores the belief that a wider validator base will fortify the network's resilience, security, and democratic ethos.

Phased Staking Requirement Reduction

• Phase 1 (Launch Phase): Commence with a 1 ETH staking requisite to establish a stable and invested validator community.

• Phase 2 (Expansion Phase): Gradually decrease the staking requirement to 0.1 ETH, democratizing the validation process and enhancing network decentralization.

Advantages of Reduced Staking Barriers

• Augmented Network Decentralization: Lower entry points bolster BittensorVM's decentralization goal, fostering a more diverse validator pool and ensuring a secure, unbiased ecosystem.

• Broadened Community Engagement: Reducing the minimum investment for validators encourages wider community participation, enriching the network's governance model.

• Scalable Security Framework: This phased staking approach is synchronized with BittensorVM's expansion, ensuring the growing validator base can effectively support the network's scaling endeavors.

Treasury Management and Decentralized Governance in BittensorVM

At the heart of BittensorVM's ecosystem lies an innovative approach to treasury management, anchored in a commitment to decentralized governance. The treasury transcends the role of a mere financial repository, acting instead as a strategic asset governed by community consensus to foster the platform's sustained growth and innovation.