Fantom, a permissionless blockchain, is proposing to reduce the minimum staking requirement for a validator on their network to 50,000, 75,000, or 100,000 FTM. This is a significant drop from the original requirement of 3.175 million FTM when the network first launched in 2019.

The proposal presents three options to choose from: 50k FTM, 75k FTM, or 100k FTM. This reduction in minimum staking requirement will make it easier for validators to participate in the Fantom network and contribute to further decentralization.

Addressing concerns about the potential impact of the reduction in the minimum staking requirement, Fantom stated that while there may be more new validators on the network, transactions will be propagated faster, resulting in faster event emission. However, it may take more time to propagate to reach 2/3 W from validators. The network will be able to detect any malicious nodes, and it is best to maintain a reasonably high barrier to entry via the self-stake requirement to ensure that any new nodes are of high quality.