Proton Kiwi is now a Block Producer on the Proton Mainnet Blockchain.
After months of work and setup, we are finally live as a Block Producer.
This means that you can vote for Proton Kiwi after staking XPR.
There is still plenty of work to gain votes and expand community presence but going live on Mainnet is a huge milestone and we’re proud of it.
Special thanks to www.protonnz.com for assisting us with getting live.
Community Fund Explained
“The greatness of a community is most accurately measured by the compassionate actions of its members”Coretta Scott King
What is the Community Fund?
The Proton Kiwi Community Fund is a fund that is topped up via 10% of all Proton Kiwi producer rewards and donations made by the Proton community.
The fund is in place to grant XPR to upcoming projects in the Proton ecosystem. This is to aid projects in their infancy and on the path to being self-funded. It is also in place to incentivize the Proton community to make use of the ecosystem by partnering with projects to increase community exposure.
No funds from the Community Fund will be used to cover Proton Kiwi operating costs.
Transparency Explorer Explained
“A lack of transparency results in distrust and a deep sense of insecurity”Dalai Lama
The Transparency Explorer allows the community to view all reward distribution and operating expenses of Proton Kiwi. Updated at the end of each month, the explorer will provide insights into rewards earnt, distribution of rewards, and also a public record of statements showing all expenses.
As the amount of rewards we receive is dependent on the number of votes, we owe it to the community to be transparent.
We aren’t required to display or release this information but we strongly believe in transparency. Just as cryptocurrency holds a huge value of transparency, so do we.
You can view the Transparency Explorer here