Maladex is a promising project but they have admitted that like all projects, it requires money to develop to the level that we all want it to be at.
There are several ways to do this.
The easiest would be to get VC investors however this has the problem of giving away some of your company and allowing profit driven people to try influence the development of Maladex.
The next easiest would be to have a public token sale to raise money. However, the developers have stated a commitment to a fair-launch where most token sales simply end up as the person with the most money gets the largest share and can therefore dump them on the market upon release.
This brings us to the two most likely options.
Maladex currently has a singular stake pool that is set to 0% fee and is running a stake pool token offer to entice people to stake with Mal to earn Mal token (the token offer is for 5% of token supply).
One option would be to create more stake pools in order to earn of the block fee while still maintaining a 0% fee. The one issue with this is that having more than one stake pool risks network centralization when taken too far. Additionally, more stake pools mean more delegation which means that people will receive less MAL token as the 5% needs to be spread across all delegators. So, if there are 2 full pools you would earn 50% less MAL. It may also be hard to fill the pools.
The other option is to raise the pool fee. This would mean that we would receive less ADA rewards but the same Mal rewards. However, fees may discourage people from staking.
I am not very acquainted with stake pool operator rewards and would like it if someone could compare the revenue of both approaches and at what fee % the rewards become equivalent.
However, there are other issues such as what happens when the token offer is over? Will people just leave and reduce the funding? Will raising the fee drive people away?
I would like to hear people’s thoughts on this so we can have a discussion that may help Maladex.