SPARC is a tiered, stake-ranked staking reward mechanism that flattens validator stake distributions in simulations for select parameter sets, but the claimed incentive to delegate to smaller validators is neither derived nor tested.
Prior-independent auctions and mechanism design without money
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SPARC: Staking Performance And Reward Coopetition
SPARC is a tiered, stake-ranked staking reward mechanism that flattens validator stake distributions in simulations for select parameter sets, but the claimed incentive to delegate to smaller validators is neither derived nor tested.