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Require a minimum 5% commission for all validator nodes.

Reasoning: Competition drives innovation. Innovation drives sustainability and token value.

We should build a community where validators truly innovate and create value for delegators, rather than relying on their 0% commission to attract delegators. Allowing unsustainably low commission rates promotes spam and will not motivate validators to create innovative solutions for delegators, potentially stagnating the development of the Cosmos Network.

Having a 5% minimum commission ensures that validators are incentivized to innovate to acquire delegators. This will also encourage greater decentralization on the Cosmos Network as validators compete for delegators based on merit (rather than 0% commissions). Additionally, it is necessary to provide proper incentives to validators for their work running and securing the Cosmos Network, especially during crypto winters.

If this proposal is approved, the Cosmos Network would be updated so that:

1. Existing validator nodes with commission rates set to less than 5% will have their commission automatically updated to 5%
2. New validator nodes will have a floor commission rate of 5%

Vote:

Yes – If you want to add a 5% minimum commission to encourage validators to innovate and add value for delegators, promote decentralization, and adequately compensate validators for their role in securing the network No - If you want to leave Cosmos without a minimum commission amount