FlyingFish

Let's address a lot of the concerns over the recent SFDP changes. First, what were the changes? - 12-month time within SFDP - Auto-graduation at 300k SOL - 100 Validator max - Run your own validator These changes, as expected, were controversial. There are a lot of assumptions on where this stake will be going after the changes are in place. The job of SFDP has been three-fold: 1. Help bootstrap net new validators 2. Provide a healthy testnet 3. Get some validators testing changes early SFDP has done its job. Testnet exists, validators often find issues early, and a large amount of validators have started from SFDP. Solana is much larger now than when SFDP started. Solana's validator set has matured significantly, has an amazing community, and encounters new challenges that were never conceived of in the beginning. We've had a lot of feedback that SFDP is no longer reactive enough nor provides enough criteria given the ever-changing landscape of Solana. This feedback is heard and leads us to the next stage of delegation with a focus on continuing to improve network health and rewarding ecosystem contributors. SFDP will continue to exist for the newer validators and validators that contribute greatly to network health should also be rewarded. We have historically helped fund huge ecosystem contributors such as Blueshift through delegation outside of SFDP. We delegated to a number of validators that tried Frankendancer first. These among many other delegations are success stories that have both pushed Solana to new heights as well as helped improve network health. We're making a bet that we can be more proactive to future network health concerns, be more reactive to new issues, and help push Solana into this next stage with these changes. If you have feedback on these changes, please let me know. SFDP helped us get to where we are today. These changes are about getting to what comes next.

I can promise you, if you LP, this is 100% worth your time reading.

Your weekend recap in 3 stories 🧵👇

Very cool seeing this come to fruition. When Solana governance v0 was in the works there was no plan to allow stakers to vote. After working on TipRouter and chatting with @brian_smith_0 we came up with the idea to use a NCN to power voting and give stakers a voice.

Today we are announcing that we are making the @Dune free plan view only. Meaning you can still look at all the amazing dashboards on Dune, but not run queries without a paid plan. The simple reason is that compute costs for running flexible queries over large amounts of data is very costly. We will still offer incredible value for money self-serve plans at $65 and $349 per month where you have access to vast amounts of blockchain data with completely serverless and hassle free querying. You can also try our very popular and powerful Plus plan on a 14 day trial when you sign up for a free account. For years Dune has had a very generous free plan including free compute an data access. Hundreds of thousands of users have queried blockchain data with Dune, and millions of people have been exploring the dashboards created. We know of hundreds of users that have built a data career on top of Dune, and there are likely many more. We are grateful to everyone that’s been exploring this data together with us. I’m proud and humbled that we’ve gone from @mewwts, me, some blockchain data in a postgres db and a few users in a Telegram channel, to reaching millions with the Dune platform and community. During Dune’s 8+ years in business countless data providers have come and gone. And I can tell you that what is worse than losing access to free compute is to lose your mission critical data provider all together. The reason why we’ve been able to stick around, and will keep sticking around, is because we adjust to the market. Thousands of industry leading businesses rely on Dune for their blockchain data, and they can safely keep doing that. Some have called these plan changes the end of an era. And that might be right, but I think the new era is going to be bigger and more exciting. The blockchain industry is now mature enough that businesses and financial institutions are coming onchain at a blistering pace. Dune is all in on empowering them with onchain data. During this new era Dune data will keep reaching millions of people, businesses and AIs in our mission to make onchain finance observable.