@cryptocactus1
A vote has launched in Ethos on what to do with your XP
Option 1
Burn 50% of your XP and receive an NFT.
There will be different NFTs depending on the amount of XP - I think this will be implemented as tiers
Option 2
Stake 50% of your XP with a validator.
You’ll get your XP back at the end of Season 2, plus a staking reward
Each validator has a maximum pool of 10 million XP
If a validator gets slashed, you lose all your XP
If a validator is sold, the XP pool transfers to the new owner along with the validator
I chose Option 2 and selected the following validators:
MLO - one of the key members of the team. Often appears on various podcasts together with Serpin.
CragHack - if validators are ever given the ability to manage the XP pool (for example, making decisions that put the pool’s XP at risk), I believe Crag would make solid decisions and stay active.
Ben Walther - the CTO of Ethos.
⚠️ If you don’t make a choice, you’ll lose 20% of your XP