What was the MainNet Transition Program - MTP?
The “xx team” introduced a three year program, the MTP, as a way of addressing a shortcoming in many proof of stake, and even proof of work networks, centralization of node power by whales and staking/mining pools. In this program, xx coins were staked, without any rewards, on up to 350 geographically diverse community members that supported the network during the BetaNet period by running their nodes reliably and engaging with the team and the rest of the community. In the latter part of 2021 and the early part of 2022, nodes were selected for and on-boarded to the MTP.
What was the Team Multiplier - TM?
Node operators who participated in the MTP were able to have the amount of xx coins earned during BetaNet multiplied up to 8 times. TM, the calculated amount of xx coins, was staked each era to assist MTP operators with getting their validators elected which was expected to result in a better chance the cMixx infrastructure be comprised of well managed and geographically distributed nodes and gateways.
Three years passed, and on December 01, 2024, the MTP officially ended. Many of the resources related to the MTP are now outdated or have been decommissioned. However, below you can find for historical purposes and transparency the daily TM logs:
team-multiplier-logs.tar.gz
sha256sum: fd507f6e9fbe65c32888576db5a2b0adfb53d868ef8667e0ff306cf0eb0aa26e