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The Challenge of Inclusive Community Governance

Regen Foundation’s Delegation Strategy for Mainnet

With Regen Ledger going live in a few days, we at Regen Foundation understand the gravity of the responsibility resting with our organization. We have been weighing a number of complex factors as part of preparing our delegations for mainnet. 

The Community-First Principle

As an entity with a charitable mission explicitly in service to the Regen Network community as a whole, Regen Foundation requires a delegation strategy that optimizes for network health and commons governance.

Factors for Consideration
  • Network security (enough of the token supply should be staked to performant validators to keep the network robust)
  • Validator economics (what does it cost to run a validator, and what kind of revenues do validators need to be bringing in)
  • Ease of getting into the validator set (too equal a distribution of stake actually creates a barrier for new validators making it into the set, as it raises the stake threshold required to bump someone else out of the set)
  • KYC/AML (although the Foundation doesn’t want to enforce imperialism any more than it has to, there are certain minimum thresholds we need to meet so as not to violate anti-money laws that could endanger our operations)

Community Staking DAOs Allocation

Based on the factors above, we have decided to refrain from staking the 30mm REGEN held in the Community Staking DAOs pool at launch. If we were to stake these tokens, it would substantially depress yields for the remainder of staked token holders. Additionally, whatever algorithm we utilize would have substantial influence on the ecosystem, and we’d like to have more data to work with once the network is operational before exerting undue influence. That said, in the coming months, we’ll be engaging in empirical research to determine what factors we might consider for when and how this pool might be staked. 

Regen Foundation Allocation

After contemplating a number of factors, we have decided on a relatively simple algorithm for allocating Regen Foundation’s tokens at mainnet. We will stake this 5mm REGEN equally across twenty-five validators in the GenTX seventy-seven: lead validators on Regen Ledger, and then the highest-ranking validators from the testnet that got into the GenTX.


As of this window by which delegations are required for mainnet, there is relatively little public information on validators. Luckily, that will be expanding extremely quickly over the next few days. Testnet results are public—although not everyone that performed well in the testnet is participating under the same moniker in mainnet, or participating at all. Regen Network Development, Inc. has solicited validators to complete a survey which will help to populate the validator registry. The Anika Block Explorer will soon be tracking a wide range of metrics once the chain goes live.

Next Steps

In coming weeks, the Foundation will be pouring over this information and updating our delegation strategy accordingly. Stay tuned! In the meantime, our formal delegation policies are also tracked and upgraded on our GitHub in our Treasury Management document.