MELD Node operators will get a 6% APY on MELD tokens staked in their node.
22 Apr 2023, 16:44
š¦š¦ MELD Node operators will get a 6% APY on MELD tokens staked in their node.š¦š¦
š For the first 6 months we will allow up to 30 node operators. (We reserve the right to increase this if we need to).
š For the last 6 months we will increase up to 60 node operators. (We reserve the right to increase this if we need to).
š This mean for the first 30 node operators, you can stake for a total of 12 months.
š The minimum $MELD you can stake is 100,000.
š The maximum $MELD you can stake is 20,000,000.
š You have to send us the $MELD you are planning on staking. It will be kept in a public wallet.
š You can stake in $MELD on any blockchain.
š A MELD node is also an Avalanche main net node, which will require a minimum of 2000 $AVAX staked to operate. You will need to provide this.
š Your yield will be paid out once per month. You can choose to leave it and allow the $MELD to compound (up to 20m) or it can be sent to a wallet of your choice.
š People are chosen to run a MELD node, it is not open (yet).
š You can stop running a node at anytime as long as you tell us you are shutting it down.
š You will need to sign an agreement agreeing to these points.