Foundation Delegations

Record of Foundation Delegations for GATA HUB

Foundation delegations involve the action of a blockchain or cryptocurrency foundation to allocate its tokens to validators or nodes within the network.

In blockchain ecosystems that utilize Proof of Stake (PoS) or Delegated Proof of Stake (DPoS) consensus mechanisms, token holders can delegate their assets to enhance network security and governance while earning staking rewards.

When a foundation holds a substantial amount of native tokens, it may strategically delegate these tokens to validators. This delegation serves multiple purposes, including

reinforcing network security,
incentivizing validators,
fostering network growth,
promoting decentralization and
contributing to token distribution.

The specifics of foundation delegation can vary among blockchain projects, with the rules and processes typically outlined in the project's governance or economic model.

Foundation

Term/Award date

Token

Amount

Details

ICF

Dec 2022 - 2023

ATOM

13.7K ATOM

Detailed decision

Juno DAO

Aug 2023 - Dec 2023