CIP - Shelley’s Basho-Voltaire decentralization update

[HeptaSean]

@7.4d4

At Pledge 0, total Stake 67M then return on Ada for delegators is: 4.46%
At Pledge 500K, total Stake 67M then return on Ada for delegators is: 4.46%
At Pledge 1M, total Stake 67M then return on Ada for delegators is: 4.48%
At Pledge 2M, total Stake 67M then return on Ada for delegators is: 4.5%

IE. 0.04% extra yield from 0 to 2M pledge. Very minimal indeed.

Perhaps, the system did not work out as designed.

This proposal for a new guide on how to delegate

Staking guide for delegates

This is a first draft of a staking guide. This guide prioritizes network health and delegate returns. Please comment with any and all criticism with the intent to make this guide better. The goal of this new guide is to replace the current guide distributed in a couple places by bots (Selecting Pool for delegation - Support FAQ) Delegation allows holders of ada to transfer their right to participate in the proof of stake protocol to stake pools. Stake pools are run by stake pool operators (SP…

also emphasises pledge, because that should have been the main incentive against pool splitting.

But that only really works if delegators have a lot of pools with 30 to 60 million pledge to choose from. Then, they would be used to the higher yields that these pledges offer and never be content with the ridiculously small pledges that are usual right now.