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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
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2Be a pool with less or equal than 7% of variable fee and less or equal 400 ADA fixed fee
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3Have Minimum 1000 ADA to delegate to first pool in F2LB queue each epochADA Delegated(AD)Commit to Delegate till the pool at Position(CDP) is served.
CDP = Queue Pool Position(QPP) + X
Epochs the pool gets Granted (EG) with all the delegationNumber of Block mint (BM) during the 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 current rank 1 Pool retains the delegations of all participants until either the EG or the BM threshold are reached ( see contribution & granted delegation table)LevelADCDPEGBM
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3Participants commit to continue to delegate after receiving all delegations according to the CDP parameter (see contribution & granted delegations table)1≥ 1000QPP+101n.a
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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≥ 2500QPP+082n.a
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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≥ 5000QPP+062n.a
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6Once served, a pool can be re-listed at the bottom of the queue4≥ 10000QPP+0531
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7After 6 consecutive epoch that a pool that does not re-delegate, the pool is deleted from the queue5≥ 25000QPP+0432
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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.6≥ 50000QPP+0343
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9A pool can increase the amount of initial declared ada but it will get maximum one level more of first declaration (see contribution & granted delegations table)7≥ 75000QPP+0244
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8≥ 100000QPP+0145
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This initiative only relies on delegation.Contribution & granted delegations
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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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Contribution example
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If a stacking pool SP1 on position 3 (QPP) in the queue, delegates 10K ADA (AD), it has to keep delegating / redelegating until the pool in position 8 (CDP) is served.
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When the pool SP1 is served, it will stay with all other delegations until it gets 1 blocks (BM), with a maximum duration of 3 epochs (EG) whichever comes first.
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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 from main queue, on addonQ our great main sponsor @moroworom will delegate a wallet with 600K.
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In this way we can reduce 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 he wants to trade one epoch on main Queue with about 2 million ADA in a future day, with 3 epochs NOW on the add-onQ with 600K ADA, or 2 if it mints a block on first epoch
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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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