On behalf of the PRO Delegators’ validator, we fully support the idea of renegotiating the Interchain Security (ICS) agreement. There are clear inefficiencies in the current arrangement, and both Stride and the Hub’s validators are struggling as a result. For example, we noted some operators in the set are failing to push Stride upgrades in a timely manner, potentially due to the lack of profitability as opposed to infrastructure costs. This suggests that there may be systemic issues with the agreement between Stride and the Hub that need to be addressed.
Additionally, we have been granted by the AADAO the opportunity to conduct a thorough analysis of Partial Set Security (PSS), a key upgrade in ICS 2.0. You can find the full details of our analysis here:
Stride, as one of the existing consumer chains from the earlier ICS 1.0 iteration, has been migrated to a Top-N 95% model, maintaining its previous position. However, we believe that this could be significantly improved by renegotiating the terms under the more flexible ICS 2.0 framework. While we recommend retaining the Top-N model for the core public good mission delivered by Stride, the chain would gain massively from making use of the exclusion lists for certain validators, and use a votePower cap could offer significantly better reward distribution. These are just one of many examples that can be explored depending on the desired vision. We are eager to share our insights with the @Stride team and @Riley or any other strategic representatives.
Please feel free to reach out to us at contact@pro-delegators.com to schedule a meeting and explore potential paths to better align both parties.