Council

Helikon Labs has made an automated staking payout tool for substrate-based chains. The script is a simplified and daemonized version of [canontech/staking-payouts](https://github.com/canontech/staking-payouts). It can either function in single-run mode (default), or in daemon mode, where it will run at defined periods. 

You may ask: We have many payout scripts out there. Do we really need another one?

Well, glad you have asked. Helikon has been using another script but has experienced hanging issues after the latest runtime update. Thus this new daemonized version!

The git repo is here: [https://github.com/helikon-labs/substrate-simple-payout](https://github.com/helikon-labs/substrate-simple-payout)

The receiver's tip address can be found here: [https://github.com/helikon-labs/polkadot-kusama-1kv-telegram-bot](https://github.com/helikon-labs/polkadot-kusama-1kv-telegram-bot), which is a different repo but under the same github organization. 

Polkachu

0x466f722050617261636861696e205265706f7274202850726f6772616d61203129202f2f204d6f6f6e7269766572206e6f20736567756e646f20536c6f742c2053686964656e2065204b68616c6120646973707574616e646f20636f7261c3a7c3b56573212068747470733a2f2f796f7574752e62652f327446484449675f586b63

- Problem Statement: Helikon Labs faced hanging issues with their previous payout script after a runtime update.
- Significance: Introducing a new automated staking payout tool to address hanging issues and improve efficiency.
- Proposed Solution: Helikon Labs developed a simplified and daemonized version of the payout script.
- Expected Outcomes: Enhanced reliability and performance of staking payouts for substrate-based chains.

For a simplified and daemonized version of validator payout script.

No Active Proposals