Inclusion and removal criteria

How the Strategy decides on what validators are included in the JPool Delegation Program

Criteria for adding validators to the Program

The Strategy adds a validator to the JPool Delegation Program if all of the following is true:

• In Top 300 by average APY for the last 10 epochs.

• Uptime over 80% in each of the last 3 epochs (based the stake-weighted average of vote credits).

• Commission on Solana rewards is under a threshold value (currently 10%).

• Commission on Jito's MEV rewards is under a threshold value (currently 10%).

• Its name and logo are published.

• Not a member of the Superminority group.

• Not blacklisted as a malicious validator (based on internal and external block lists).

• Not flagged as Suspicious.

• Not flagged as Poor performer.

Criteria for removing validators from the Program

The Strategy sets a validator for removal from the JPool Delegation Program and removes it in the end of the current epoch if any of the following is true:

• Falls below Top 350 by average APY for the last 10 epochs.

• If managed using Smart Validator Toolkit (SVT): falls below Top 1,000 by average APY for the last 10 epochs (for details, see the SVT docs).

• Commission on Solana rewards exceeds a threshold value (currently 10%).

• Commission on Jito's MEV rewards exceeds a threshold value (currently 10%).

• Downtime over 20% of the time in the last of the 3 epochs.

• Falls into the Superminority group.

• Blacklisted as a malicious validator (based on internal and external block lists).

• Flagged as Suspicious.

• Flagged as Poor performer

If you believe your validator was unfairly removed from the Program, please contact us and we will help you solve the problem.

Suspicious status

A validator is flagged as Suspicious if any of the following occurs:

• Raises its commission by a threshold value within one epoch (currently 3%).

• Cumulative commission increases over a certain period exceed a threshold value (currently 3% over 20 days).*

• APY drops by over MaxAPYdrop compared to previous epoch (currently 20%).

• Percentage of low-latency votes falls into Proof 2 range of the Gaussian distribution.**

• Validatos.app sends a warning Suspicious activity with vote accounts.

• Validator removes its published name or logo.

* Commission decresases are not taken into account. This check is in place to prevent validators from temporarily raising their commission at the end of an epoch to steal their delegators' rewards.

** Basically, this weeds out validators tampering with code to vote after the correct block has already been decided upon by others.

Poor performer status

A validator is flagged as a Poor performer if it's listed as such by Stakeview. For details, see FAQ and Current Performers Criteria at the Stakeview website.