Untitled Board
Cosmos & Delegation
Let's explore the movement of delegation on the Cosmos.
- When delegators un-stake from one validator and move to another, is there any pattern to where they re-stake? Are users more likely to re-delegate after their validator votes in a way they disagree with? Do they re-align their stake with validators whose values reflect their own?
- How do validator votes change over the course of a proposal? Share any interesting voting statistics you find.
Examine any voting propositions here (for example Prop 82) as a use case to explore these questions.
- A proof-of-stake consensus algorithm secures the Cosmos network. Validator nodes stake a certain amount of ATOM tokens, with those staking the most having the highest odds of being chosen to verify transactions and earn rewards. Dishonest nodes get penalized and lose the tokens they staked.
- Cosmos is a protocol that supports something called “blockchain interoperability,” which makes it possible for different blockchains to communicate with each other. Cosmos aims to link up many crypto networks with open-source tools that allow for cross-chain transactions.
- Delegators are token holders who cannot, or do not want to run a validator node themselves. Instead, they secure the network by delegating their stake to validator nodes and play a critical role in the system, as they are responsible for choosing validators.
- The most fundamental part of the Cosmos network is Tendermint, which gives developers the ability to easily build blockchains. Tendermint Byzantine Fault Tolerance (BFT) is an algorithm used by computers that run the Cosmos software to commit blocks to the blockchain, validate transactions, and secure the network.
- Validator nodes have to stake ATOM to power the blockchain. Being a validator requires a node to be in the top 100 nodes that are currently staking ATOM. Nodes receive voting power in proportion to the amount of ATOM staked.
- Cosmos delegation is a process of selecting one of the validators by freezing a part of your assets as a part of their voting power. In return, you get a share of the block production income.
- To become delegators, Atom holders need to send a "Delegate transaction" where they specify how many Atoms they want to bond and to which validator. A list of validator candidates will be displayed in Cosmos Hub explorers.
Method:
Some of the code’s credit is for Ali3N.
Subject: The delegation on Cosmos
- The total daily number of Cosmos Redelegators
- The total daily number of Redelegate transactions
- The total weekly Cosmos Events
- The total daily voters of Prop 82 redelegation
- Prop 82 User Redelegated in terms of Validator Vote
- Prop 82 validators change the status
- Prop 82 Validators Changed Votes breakdown
- Pro 82 vs Other Proposals Based on the Number of Voters and Votes.
- Top 10 validators with the most redelegation (from/to them)
Tables used for this dashboard:
cosmos.core.fact_msg_attributes
osmosis.core.dim_vote_options
- The chart shows the total daily number of Cosmos Redelegators since the beginning of this year.
- We can see that the highest amount happened on April 3 with 1854 redelegators.
- In addition, we can see that the number of redelegators was the lowest in June.
- The bar chart illustrates the total daily number of Redelegate transactions.
- The highest number of transactions can be seen on April 3 with 2477.
- Also, the number of transactions was the lowest in June, and we can witness a spike on August
28-Imperator.co with 19% and 600 is the top one with the most redelegations to it and 26-Allnodes.com with 11.6% and 367 is the second one, followed by 46-Ledger with 11.4%.
-
The left chart shows the Prop 82 user redelegated in terms of Validator Vote.
-
We can see that 1030 have the same vote, while 2607 changed their votes.
-
The right chart illustrates the Prop 82 validators change categories for their final decisions.
-
No With Veto ranked first in terms of validators who changed their votes.
\
- 5-SG-1 with 21.6% and 667 is the top validators with the most redelegation from it, and 1-stake.fish with 15.5% and 480 is the second one.
- The bar chart compares weekly Cosmos Events.
- We can see that the majority belongs to the delegate in the Cosmos ecosystem.
- In addition, the number of delegates increased in December 2021.
- The charts above show the daily voters of Prop 82 redelegations.
- Yes with 68.2% and 1928 ranked first. Yes was at its highest on November 15 with 197.
- The second place belongs to No With Veto with 22.5% and 637.
- Abstain with 4.74% and No with 4.6% are the other ones.
- The two charts above show proposal 82 and other proposals in terms of votes and voters.
- The highest number of votes is 4502 for 1 proposal, while Prop 82 is 1808.
- The highest number of voters is 3503 for 2 proposal while Prop 82 is 1565 voters.
Conclusion:
-
The highest number of Cosmos Redelegators since the beginning of this year happened on April 3 with 1854 redelegators. Also, we can see that the number of redelegators was the lowest in June
-
The highest number of transactions of Redelegate transactions can be seen on April 3 with 2477. Also, the number of transactions was the lowest in June, and we can witness a spike in August.
-
In terms of weekly Cosmos Events, We can see that the majority belongs to the delegate in the Cosmos ecosystem. In addition, the number of delegates increased in December 2021.
-
Yes with 68.2% and 1928 ranked first. Yes was at its highest on November 15 with 197. The second place belongs to No With Veto with 22.5% and 637. Abstain with 4.74% and No with 4.6% are the other ones.
-
1030 have the same votes, while 2607 changed their votes. No With Veto ranked first in terms of validators who changed their votes.
-
The highest number of votes is 4502 for 1 proposal, while Prop 82 is 1808. The highest number of voters is 3503 for 2 proposal while Prop 82 is 1565 voters.
-
5-SG-1 with 21.6% and 667 is the top validators with the most redelegation from it, and 1-stake.fish with 15.5% and 480 is the second one.
-
28-Imperator.co with 19% and 600 is the top one with the most redelegations to it and 26-Allnodes.com with 11.6% and 367 is the second one, followed by 46-Ledger with 11.4%.