Incentivized testnet to test the new Slash Refund module for Cosmos-SDK.
🚧 Welcome to MIB’s Slashathon! An incentivized testnet for developers, validators and delegators to in-deep test the new module “Slash Refund” we developed in the past months.
Summary
What is the Slash Refund Module
It’s a Cosmos SDK module that allows validator to take portion or totality of the slashing risk out from their delegators.
A validator at any time can lock some funds inside the Slash Refund Module, the lock last the same time of the unbonding period. In case a slash event occurs, a reimburse transaction is sent from the module to the validator delegators, proportionally to their stake. Stakers will have to restake the slashed amount if they want.