The ThreeFold DAO Validator Node Program is Now Open for registration!
Our ThreeFold DAO and the three layer blockchain approach provides for unlimited scale and security.
Layer 2 is the top layer of our ThreeFold ecosystem also called ThreeFold HUB.
It’s a cosmos based blockchains with max 100 validators.
Functions
- The main blockchain for ThreeFold Tokens (TFT)
- The securing blockchain for ThreeFold L1 Blockchains (TF Chain, Cosmos Chains and more)
- Identity Management (KYC, AML, …)
- DNS for TF Grid
- Twin Management (ID, Location, …)
What are the Rewards for a Layer 2 Validator?
5% of global TF Grid revenue + 5% yield per year during the first 2 years.
A validator owner also gets 10% commission of the reward from tokens staked on your node.
What are minimal requirements:
- 1M TFT required for registration.
- An additional 1M TFT is required to activate voting & rewards.
- A maximum of 3M TFT can be staked per node (is optional).
TFT needs to be staked for at least 1 year, before reward unlocks.
Follow this post to learn how to reserve a L2 validator node.
More info: