essentially with this script we want to have the ability to simulate shared security with our delegations on the gravity bridge chain. by delegating to all validators who are part of the cosmos hub val set, we encourage an overlap between the val sets. This will help ensure interchain security is adopted when it is ready, because otherwise validators who are not in both sets will be removed after the upgrade and only participate in governance.

To do this we should have a script that re-delegates every 2 weeks (limit for making 2 re-delegations). This could be combined with withdrawing rewards so that we are essentially compounding our rewards as well. I started a script here: https://github.com/interchainio/grav-tokens that will create a batch of re-delegations. Instead of requiring these messages to be signed in a transaction by the multi-sig account (which is hard to coordinate). We should use authz to authorize a new private key the ability to execute re-delegation msg types on behalf of the multisig account.

So the flow could be as follows:

• create a new private key account on gravity bridge chain
• create a multisig transaction on behalf of the two ICF multisig accounts that hold grav token that authorize the new key the following msg types:
  • delegate
  • redelegate
  • withdraw-rewards
  • vote
• use the script above as a starting point (or propose a new architecture) that can do the following:
  • be run by a cron job every two weeks
  • checks the list of validators on the cosmos hub
  • checks the list of validators on gravity bridge chain
  • confirms overlap either via the same pubkey or the name of the valdator or an external resource that is manually maintained like a google spreadsheet where we can manually confirm the validators are the same
  • withdraw all rewards from all currently delegated validators
  • check the currently delegated amount to all eligible gravity chain validators
  • calculate how much should be delegated to each validator so that they all have the same delegation amount afterwards
  • create the necessary delegation and re-delegation messages that will re-allocated delegations so they are all equal again
• this process needs to happen for both accounts, the rewards need to continue to be associated with the account that the delegations came from (eventually one of the accounts rewards and balances will be donated to the community pool)
• this script should be possible to load on a server with a cron job and run automatically
• would be good to have the results output to a log or to a slack channel
• possibly we make this a marketing tool and output aspects of it to a twitter bot or something similar