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F2LB goal is to bootstrap independent stake pool operators to help mint their first few blocks! We are delegating our joined funds to first pool in F2LB queue each epoch.
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Follow F2LB comunity on:
discord https://discord.com/invite/zfddx2Jukd
or F2LB website https://www.f2lb.org/
or give your email in discord to receive alerts to delegate/re-delegate your wallet to
the first pool in F2LB queue
To join F2LB queue ask it on discord https://discord.com/invite/zfddx2Jukd
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Requirements to participate as a F2LB sponsor
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1Have some ADA to delegate to the first pool in F2LB queue each epoch
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Requirements to participate as a pool
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1Be a pool with less than 50 lifetime blocks or less or equal 2 Millions staked at time entering the queue
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2Be a pool with less or equal than 3% of variable fee and 340 ADA fixed fee
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3Have Minimum 1000 ADA to delegate to first pool in F2LB queue each epochADA Delegated(AD) to F2LB queuePool it Commits to Delegate the same AD amount to F2LB queue
for Extra X Epochs after served even if it not requeued
Epochs that the pool gets Granted (EG) with all the F2LB delegation
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Here are the rules defining the way the F2LB initiative works
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1The current rank 1 Pool receives delegations of all participants that hold a valid spot on the list.
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2The pool has to be up and running since queue postition 10, if it reach postion 7 and the pool is not ready, it will be removed from queue.LevelADCDEEEG
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3Pool After served, commit to continue to delegate to first pool in queue, for X epochs according to the CDEE parameter (see contribution & granted delegations table), unless there are more than 30 pools in queue.1≥ 1000101
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4Values of the contribution & granted delegations table are reviewed and adjusted every 10 epochs, to continuously fit the initial goal: bootstrap small stake pools2≥ 300082
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5If a participant registered to the list does not delegate during an epoch, his stake pool is pushed down by 1 slot in the list.3≥ 1000053
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6Once served, even before the stake get active, a pool can be re-queued at the bottom of the queue if still respect the requirements. Just ask on discord4≥ 4000034
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7After 6 consecutive epoch that a pool that does not re-delegate, the pool is deleted from the queue
Contribution & granted delegations
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8If a pool decrease the amount of initial declared ADA it will dropped down of 3 position and will be recalculate the EG.
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9While in queue, a pool can increase the amount of initial declared ada AD and get more epoch granted(EG),
but it can get max 1 additional level/epoch for every 10 epochs away from the pool's turn.
Contribution example
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10When a pool reach position number 3 or less, if it has a stake over 2 Millions,
it will be moved to the addonQ with the same number of mainQ EG.
If a stacking pool SPX delegates 10K ADA (AD) and gets F2LB delegation (EG) during epochs 300-303,
It has to keep delegating / redelegating to following F2LB pools until epoch 308 (CDEE) but only if at that moment queue has less than 30 pools.
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This initiative only relies on delegation.
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You must NEVER transfer any amount of ADA to any address in the scope of this initiative.
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AddonQueue:
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Aside to the main queue there is an addon queue that is used to delegate to a second pool
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It consists in an Queue with only four pools choosen in sequencr from main queue. On addonQ our great main sponsor @moroworom will delegate a wallet with 900K.
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In this way we can reduce waiting epochs on main queue and serve two pools at the same time.
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To manage the add-onQ we will use the following steps/rules:
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1ask to every pool one by one starting from the top of the main queue, to be the first in add-onQ
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ask if the pool wants to trade one epoch on main Queue with about 2 million ADA in a future day, with 3 epochs (or 2 if it mints a block on first one) in few weeks on the add-onQ with 900K ADA
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2.1
Going one step further, ask if the pool want to trade 2 epochs on main Q
for the possibility to get 6 straight epochs on the Add-onQ shorten to 5 or 4 epochs if it reach two block producing epochs (680 ADA fees)
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3if the pool accepts do:
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3.1 pool inserted to the add-onQ
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3.2
if the pool has got only one epoch granted it will be removed from mainQ and once served on add-onQ can requeue on main
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3.3 else just subtract 1 epoch to epochs granted and pool remain in the same mainQ position
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3.4end
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4else (not accept) it will remain there as before and we going to ask to next pool (goto at point 2)
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ask to a second pool starting from the next pool of the one first in add-onQ, the same question at point 2, to be the second in the add-onQ and the same for the third and fourth
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once the first pool in add-onQ is served, the second in add-onQ will became first and will be served and we'll start again to find the fourth (goto at point 5)
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7once reached the mainQ bottom we'll restart asking from the top for next Round
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8The pool served on the add-onQ can delegate his F2LB wallet to itself during this time
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A pool that has been asked on Round-N to use the add-onQ and has requeued, cannot be asked again on the same Round-N
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Whenever both Qs move delegation in the same epoch, if both pools ask to requeue then the one finishing in Main Q gets priority to requeue ahead of the one finishing in the Add-onQ
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