Report on the Nym Delegation and Service Grant Programs

Report on the Nym Delegation and Service Grant Programs
none 5.0 1

Overview
Over the past three months, the Nym Delegation Program has made significant strides, with approximately 21 nodes reaching the 75% stake saturation threshold and graduating, as defined by the program rules. These nodes have since been replaced by new operators. This turnover represents a major success for the program, as increased participation and delegation from token holders enable broader inclusion of operators—enhancing both the security and decentralization of the Nym network.

Special thanks go to all contributors, and in particular to @Salazar, for actively supporting the visibility of participating nodes through regular updates in the Telegram Staking Alpha channel.

Service Grant Program Expansion
A new round of the Service Grant Program has also been launched. This phase includes the addition of new geographic locations for both entry and exit gateways, further supporting the network’s decentralization goals. These improvements directly benefit VPN users by offering greater diversity and resilience.

Current Metrics
As of now, the combined Delegation and Service Grant Programs support:

  • 257 nodes with active team delegation
  • 67,750,000 NYM currently delegated
  • 2,396,520 NYM available in the treasury for future delegation

Call to Action
Applications for delegation are still open. Node operators are encouraged to apply and take advantage of the opportunity to receive delegation support.

3 Likes

Thank you for the report @merve! It is really nice to see nodes finally graduating from the Delegations Program <3

1 Like