Abstract
This proposal aims to onboard 16 new validators to Pythnet. Each validator will be delegated 100,000 PGAS to operate.
Rationale
As part of an ongoing effort to improve Pythnet reliability and decentralization, 16 additional validators are onboarded.
Description
Pythnet, Pyth’s appchain, is governed by the Pythian Council, which manages stake accounts and validator roles.
An increased amount of publishers/validators bring additional robustness to the network and further decentralization.
Implementation Plan
Proposal: Pyth Network
- Verify each CreateWithSeed instruction sends 100,000,000,000,000 lamports (100,000 PGAS)
- Verify each Initialize instruction sets the Pythian Council (DgpbK8SiypiUHBkBTAunMnwRWF3McGGR4iKxTrTfTXq4) as authorized withdrawer and staker, and stakePubkey matches newAccountPubkey in CreateWithSeedInstructions
- Verify stakePubkey in each Delegate instruction matches newAccountPubkey in CreateWithSeedInstructions instruction