Proposal “CrowdNode-jun2022-aug2022“ (Active)Back

Title:CrowdNode, June 2022 - August 2022
Owner:CrowdNode
Monthly amount: 185 DASH (10159 USD)
Completed payments: no payments occurred yet (3 month remaining)
Payment start/end: 2022-05-12 / 2022-08-10 (added on 2022-05-07)
Votes: 612 Yes / 16 No / 16 Abstain
Will be funded: Yes
External information: crowdnode.io/
Manually vote on this proposal (DashCore - Tools - Debugconsole):
gobject vote-many 36d76e53c30904d034f72a4e01b515036a67eeaff1e727e3a3d276b9f3fc22a7 funding yes

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Proposal description

Dear all,

This new proposal covers the continued development of the platform according to the roadmap.
Please check our videos.

April status:
https://www.youtube.com/watch?v=CJMbwsKaysU

February status:
https://www.youtube.com/watch?v=Rk7hjiimEZc

Original roadmap and pitch:
https://youtu.be/jJcML_3N1ME

We have been funded for six months so far, which also means that 6% of CrowdNode is owned by DIF.
For every month of funding, DIF receives additional 1% equity in CrowdNode.

2022 has been a good year so far.
Several new masternodes, growth in number of members.
Promissed deliverables live on Mainnet.

And we are really looking forward to seing Dash Mobile wallet for Android go live with the CrowdNode API integration enabling One-Click-Staking.

Take care, and thank you for the continued support.

Best regards,
CrowdNode.

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Discussion: Should we fund this proposal?

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2 points,4 days ago
So far so good! It's nice when a project goes according to plan.

solarguy
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2 points,18 days ago
Yes, please!
Reply
2 points,19 days ago
@CrowdNode (Proposal Owner)
You mentioned the API integration in the Dash Mobile wallet, that would allow One-Click-Staking.
Can you please answer, how much of a service-fee will be deducted when using the One-Click-Staking?
The Dash coins used in this Staking will need to leave the userĀ“s wallet, in order to become part of a MN collateral, right?
How long will the (minimum and/or maximum) locking-period be?
What will happen to users who want to redeem earlier?
Reply
3 points,19 days ago
Hi Julie,
The fee of our service continues to be 15% of the fractional rewards distributed to our members.
Right now we are a trusted service, but we are working on a trustless solution.
Being part of the trusted setup means that you can withdraw at any point in time, since everything is operated in one very big pool.
The trustless setup will have a timelock, with a duration that you deside; meaning that you pledge an amount of Dash into a pool, e.g. 200 Dash for 12 months.
During those 12 months there is an option to pull out early (each pool/masternode participant will receive a personal presigned transaction to withdraw early) and we have not desided on the price point for that yet - we need community input on that. But withdrawing early will ultimately terminate the specific pool/masternode, meaning that the other participants will also get their funds back, and it has to be worthwhile for them and make up for the time of signing transactions again to join a new pool.
Let me know if you need more info on the design - or hang on for a month or so, and try it out on Testnet for yourself ;-)
Thanks,
Andreas
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2 points,19 days ago
You can also try the API (powering the Dash Mobile wallet integration) on Mainnet now.
Withdrawals are near instant. Check out this KB-article.
https://knowledge.crowdnode.io/en/articles/5963880-blockchain-api-guide
Reply
3 points,19 days ago
It will be a YES from me, I've been impressed by the work you've been doing and the direction you're taking the service in. Keep up the good work !
Reply
1 point,19 days ago
Thanks :-)
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