We have recently seen several bakers close down shop because of issues with the size of the self-bond. Currently, it’s close to 8-12% depending on what calculations you use.

In reality, it’s more like 15-20% for every baker if they want to continue getting new delegations.

So I therefore suggest that we lower it to 4% which would result in an operational self-bond at around 8-10% (in order to keep getting delegations).

This has become even more important now that several wallets are being conservative about the self-bond and will disable your baker if it gets too close to the 12%.

Hope the community will consider this as it could save some of the smaller bakers.