EOS is a Delegated Proof of Stake(DPoS) blockchain which means that token holders vote on block producers(BPs) to run the network. The top 21 BPs validate blocks and keep the network running with around 44 paid standby block producers as a backup. In order to become a standby block producer, you must meet the minimum threshold of 100 EOS per day by gaining ~0.48% of the total vote. GenerEOS believe a greater spread of votes will result in more value being driven back into the ecosystem. Therefore, we have developed a rotating proxy script that rotates lower-ranking BPs on the pay cusp or earning little income in and out of a proxy, giving them additional income to drive back to the network.
- Continually votes for 30 BPs from rank 22–75.
- The proxy will start with voting for BPs ranked 75–45.
- Each day 1 BP is removed out of the proxy and replaced with the next.
- Once all BPs have been voted the list will recycle.
Note: The list of BPs to vote for is currently pulled from the BP ranking (22 to 75), however it can easily be enhanced and customised to suit different proxy voting philosophies
Github Repo — https://github.com/generEOS/rotation-proxy-service
GenerEOS is a social enterprise stand-by EOS Block Producer with a mission of promoting and supporting scalable and highly reliable block production whilst giving back block rewards to social causes.
Based out of Sydney, Australia, GenerEOS is founded by a team of like-minded blockchain enthusiasts with diverse backgrounds and a passion to make a difference in the world and fostering the spirit of generosity by giving back.
Please remember to vote for ‘aus1genereos’ so we can keep working hard to add value to the EOS community.
GenerEOS: The Future of Giving!