REGEN Valuations on COSMOS IBC

General
1

Hello, Regenerati. I’m trying to learn the basics involved in staking $REGEN. I have read through much of the tutorial material linked on the discord server, and am now in the process of selecting validators, i.e. “due diligence”. I consider myself an investor in regeneration rather than a simple seeker of currency, so I will select validators that I find clearly focused on REGEN Network’s core values, in my mind carbon sequestration that builds soils, with the richer soils building more resilient communities. I know there’s more . . .

DUE DILIGENCE
So, in my quest for understanding the particulars of staking, I have run across Mintscan for the Cosmos IBC. REGEN Network validators are listed there along with lots of live blockchain data. Someone please help by explaining a few things for me.

First, looking today there are these statements of value:

       https://www.mintscan.io/regen                           Market Cap          $295,767.26
       https://www.mintscan.io/regen/assets         Chain Value         $209,363,637.18
       https://www.mintscan.io/cosmos/assets    Chain Value         $7,893,665,316.32
                                                                                     regen channel-185   $3,052,637.49
       https://www.mintscan.io/osmosis/assets   Chain Value         $2,926,459,273.16
                                                                                     regen channel-8     $11,204,672.12

Can someone please explain these wildly different - well, I’ll call them “valuations” for want of another term - of REGEN assets in the different chains?

Second, on the REGEN validators page, please explain
Height; Bonded Token; Inflation (current token minting rate, yearly basis?) and Community Pool.

I’m looking forward to understanding clearly what a validator does with tokens I stake with them. Are validators the gatekeepers for funds actually getting distributed to,

2

Hello!

The valuations you see are different because of the IBC protocol which allows tokens to be transferred between chains. Each of those links are showing the value of REGEN tokens that live on the respective chain. Since users are able to transfer tokens away from REGEN you will see a different number on each chain hence the channel numbers ie. regen channel-185.

Regen Validator Page

Height (Block Height) = The height of the blockchain aka the last block processed, this number increases by 1 roughly every 6 seconds

Bonded Tokens = The number of tokens locked inside of the chain available for governance and participating in the minting of tokens. In other words, these are the tokens which are staked by token holders.

Inflation = Token minting rate, yearly

Community Pool = This is an on-chain mechanism which stores tokens to be used via governance proposals. Basically, stakeholders can vote to use these tokens to fund projects.

As far as what validators do - Validators process transactions at a given block height. These transactions may included a simple signature, token transfers, votes and submittal of proposals etc.. Validators aren’t gatekeepers in the sense that they distribute tokens in the way you described. Validators run software which keep the chain moving and also participate in governance on behalf of the stakeholders. Notice the column which reads voting power. This column has a direct correlation with the number of tokens which are delegated to the validator or, in other words, tokens that are staked with them.

3

nice