Delegation Analysis for Epoch 212 (for d=0.8)
[Link to the original post for context.]
IOG recently announced that they would be reducing the centralization parameter, d , down to 0.8 for epoch 212 (rather than the originally planned 0.875). This means stake pools will produce 20% of the total blocks during the next epoch - twice as many as they are producing now. We’ve updated our delegation analysis given this change, and here’s what we found:
A stake pool needs at least 2.80M ₳ in order to expect to make a block next epoch (based on the stake snapshot taken on 8/13). Although pools will mint twice as many blocks, only 69 more pools can expect to make at least one block (a 5% increase). 308 pools are expected to make at least 1 block this time around.
724 / 1032 pools fall into the 0-slot bin
For more information about the concepts and math behind this analysis, as well as the full table that these charts were generated from, see our full post here.
Please also see our recent post showing how fees are taken out of stake pool block rewards here.