SFDP & Challenges Facing Long-tail Validators
Examining the effects of Solana Foundation's Delegation Program
Earlier this month, we released a report on the Solana Foundation’s Delegation Program (SFDP). SFDP delegates 51 million in stake, which is 13% of Solana’s total stake. We wanted to examine the program's effect on Solana's validator landscape, particularly long-tail validators outside the supermajority.
The report consists of four parts:
The economics of Solana’s staked, block-producing validator nodes, including the impact of SIMD-96
A full breakdown of the SFDP, dissecting the program’s origins and key policies with examples and light analysis.
A quantitative analysis of Solana’s stake distribution and the SFDP’s effects on this distribution specifically.
With input from the validator community, we discuss the feasibility of lower-staked long-tail validators in building a viable, long-term, sustainable business.
Read here — for free: https://www.helius.dev/blog/solana-foundation-delegation-program-sfdp