Abstract
This proposal aims to off-board (destake) one last validator from Pythnet. This is the 4th and last proposal for validator off-boarding.
The first destaking proposal is available here.
The second destaking proposal is available here.
The third destaking proposal is available here.
Rationale
As part of an ongoing effort to improve Pythnet reliability and reduce the overhead costs to data publishers, 1 validator is being off-boarded.
This follows few OP-PIPs 69 where 16 additional validators had been on-boarded - those being subsidized by the Pyth Data Association
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
Run this command to see the stake account for the voting key of the validator.
solana stakes -u https://api2.pythnet.pyth.network
Ever8Jd9WeSMwTQsAMrkQ2oy61PntCfQU9JbGWXVg7GY