XXV2 drops from validator set and new commissions plan

Today (era 119) my second node (XXV2) has dropped from validator set.

This was an amazing run - XXV2 was elected in era 51 with only 14,000 xx and it continued for 67 eras.

I used the opportunity to move the Gateway to another country, and perform some updates on the Node and Gateway.

Due to second round of economics fixes, I am moving ownership of the first node to XXV3 from XXV.

This is in process and should complete by era 121.

XXV - my wallet that used to run XXV - will start nominating XXV2 and XXV3 in era 120/121.

Earlier today I updated XXV2’s “intent” (in on-chain identity) and commission rate for XXV2 to 18% - because it is out now, any nominators have 16 hours to react if they don’t like it.

In coming days I will raise XXV2’s commission to 18% (already stated on About page updated today).