People who want to become validators have to keep the node running 24x7 and earn more nominations to stand a high chance of becoming a validator. How do you get more nominations? If you have enough FIS tokens, that might be enough, but usually you'll need to convince more people to nominate you. We really hope that validators will have more connections with users in the community. You can consider building a community by yourself, or contacting community members with tokens to nominate you.
In this phase, a staking competition will be conducted, and the top 50 validators with the highest delegation will be given rewards.
We will reset the network. The new chain of Sitara will be live on August 17 21:00 (UTC+8). Everyone involved in Stage 2 - Phase 2 should upgrade their node and will be provided with 1000 FIS tokens initially. Participants in the competition should register to be a validator first.
So you validators can find them in the Telegram or Discord groups, and contact some of them to nominate you. By the way, you can also withdraw the staking rewards after the end of each ear and bond them to increase your total stake.
1. You can only transfer a few tokens to your controller account if necessary. Do not transfer from your Stash account to any other account, or you will not be able to participate in the ranking.
2. Do not use the Stash account to nominate others, or you and the nominee will not be able to participate in the ranking.
3. We will count the top 50 of the total stake in the last era at the end of the phase.
4. Date: August 17 21:00 (UTC+8) - August 26 21:00 (UTC+8)
Hope you enjoy being part of the community!