DoubleZero will launch the second phase of the delegation program on March 9, optimizing the global distribution of Solana validators

According to CoinDesk, DoubleZero, a crypto infrastructure startup co-founded by former Solana Foundation executive Austin Federa, will launch the second phase of its delegation program on March 9, reallocating 2.4 million SOL from its 13 million SOL pool to reward validators operating in underrepresented regions such as São Paulo, Singapore, Hong Kong, and Tokyo.

Each region will receive up to 600,000 SOL in additional delegated staking incentives, aimed at reducing the increasingly concentrated geographical distribution of Solana validators in Europe and introducing the "multicast" data transmission capabilities widely used in traditional finance.

Federa stated that one of the unintended consequences of blockchain acceleration is that validators are more likely to co-locate, similar to how early high-frequency trading on Wall Street competed to place servers close to the New York Stock Exchange.