Ascend is very excited to announce an alliance with Sherwood Pool. Sherwood Pool has an excellent reputation in the Lisk community and shares a great percentage. Moreover, Sherwood is actively working to improve the Lisk delegate scene. For example, Sherwood is promoting high-contributing delegates like bloqspace.io. Sherwood is also bringing attention to the detriments of overly-large, highly-coordinated pools, that consistently place self-interest above Lisk’s best interest. An Ascend alliance with Sherwood makes sense given our shared values.
As part of the alliance, Ascend has created a high-sharing liskascend delegate (2259608791513414157L). The delegate will share 50% of forging rewards with Sherwood voters. Sherwood voters who vote for the liskascend delegate will receive increased rewards, beginning once bloqspace.io reaches forging position.
Once the liskascend delegate reaches forging position, voters who vote for both the liskascend delegate and Ascend delegate Moosty will receive an additional 40% reward from the liskascend delegate. That makes the liskascend delegate a 90% sharing delegate! Even better, the Moosty delegate will share 55% with its voters once it is forging. Moosty Music is Lisk’s second most popular sidechain according to a recent poll, and is making excellent progress. It is a great example of a hardworking delegate team that the community really needs to support. Moosty, in turn, will share 35% with Ascend members, including non-forging Ascend members, to help finance their Lisk-related activities. Ascend will use remaining 10% of the liskascend delegate’s forging rewards for things like Lisk Awareness (Meetups), donations, contests, and Ascend promotions.
It is our intention to use the liskascend delegate to help lift up high-sharing, high-contributing Ascend delegates in a similar manner to Robinhood and gdtpool. Rest assured, Ascend is dedicated to remaining limited in size.