SmartStake, a major validator in the Cosmos ecosystem, has announced that it will shut down its nodes following revelations around the Secret Foundation’s founder, Tor Bair, personally taking profits. The validator cited “complex/stressful validator operations… cost/effort of validator ops… recent events” as the reasons for shutting down its service. Smartstake further stated: “Please note that the shutdown will be graceful and there will be no slashing for any of the delegates.” NotionalDAO, another Cosmos validator, has echoed SmartStake’s statement with CEO, Jacob Gadikian, confirming that “NotionalDAO will not be bringing up its node again, in solidarity with SmartStake.” (cryptoslate)
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