A Field Guide to Render Network’s Latest Changes
Render Network has recently unveiled significant alterations to its network proposals and rewards structure, aiming to enhance community participation and streamline decision-making processes. Below is a breakdown of the key modifications and proposals put forth by Render Network:
Amendments to RNP-000
- The amendment introduces detailed information on Render Network Grants
- It reduces the quorum requirement to 15% to facilitate voting participation
- The ‘Render Network Team Review’ phase is eliminated to decentralize decision-making
RNP-013: Emissions Rebalancing
- Proposes the rearrangement of year-1 node emissions for improved rewards
- Introduces a long-term emissions pool for Data Generation rewards
- Allocates rewards for Node Availability to enhance network participation
RNP-015: Availability Rewards
- Introduces a reward mechanism for active network nodes
- Designed to address supply challenges and scale decentralized compute networks
- Provides models to demonstrate the impact on Node Operator earnings
For further details on the final voting process for RNP-013 and RNP-015, token holders are encouraged to refer to the official announcement by Render Network. Voting links are provided for both SPL RENDER and ERC-20 RNDR token holders, with support available via email at [email protected].
Hot Take: Embrace the Future of Render Network
As Render Network continues to evolve its governance and reward structures, the community stands to benefit from enhanced transparency, participation, and incentives. Stay engaged with Render Network’s latest updates and contribute to shaping a decentralized future in the digital landscape.
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