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For each active MN, the user can unlock up-to 500k XDN from their 2 million collateral.
3 months unlocks 100,000 XDN
6 months unlocks 250,000 XDN
12 months unlocks 500,000 XDN *Total
(Above amounts negotiable and set by DN team)
*Total amount: Max unlocked to be 500k XDN after 12+ months
Example:
User A)
Situation:
3 month Masternode
Outcome:
Locks 2 million XDN as collateral for Months 1-3
Gets back 2m xdn at the end of the period
User B)
Situation:
6 month MN
Outcome:
End of month 3, 100k xdn is released back into wallet
Month 3-6 runs MN for 1.9m xdn
Gets back 1.9m XDN at the end of the period
User C)
Situation:
12 month MN
Outcome:
End of month 6, an additional 150k xdn is released back into wallet
Month 6-12 runs MN for 1.750m xdn
Gets back 1.750m XDN at the end of the period
User D)
Situation:
12 plus month MN
Outcome:
End of month 12, an additional 250k xdn is released back into wallet
Month 12+ runs MN for 1.5m xdn
Gets back 1.5m XDN once MN is destroyed
This gives long term MN holders an opportunity to run these for only 1.5m xdn (month 12+). The rewards do NOT come out of our block rewards as the user is just given back a portion of their collateral.
This means if someone ran 4 masternodes for 12 months, they would have gotten back enough XDN to open up a 5th MN for their second year helping users earn a better APR and locking funds out of circulation.
January 5, 20221
Masternode Earn-Back program:
For each active MN, the user can unlock up-to 500k XDN from their 2 million collateral in addition to earning 150 XDN MN rewards.
3 months unlocks 100,000 XDN
6 months unlocks 250,000 XDN
12 months unlocks 500,000 XDN *Total
(Above amounts negotiable and set by DN team)
*Total amount: Max unlocked to be 500k XDN after 12+ months
Example:
User A)
3 month Masternode:
Locks 2 million XDN as collateral for months 1-3 (Earns 150 XDN MN rewards)
❌Gets back 2m xdn at the end of the period (Plus rewards)
User B)
6 month MN:
End of month 3, 100k xdn is released back into wallet
Month 3-6 runs MN for 1.9m xdn
❌Gets back 1.9m XDN at the end of the period (Plus rewards)
User C)
12 month MN:
End of month 6, an additional 150k xdn is released back into wallet
Month 6-12 runs MN for 1.750m xdn
❌Gets back 1.750m XDN at the end of the period (Plus rewards)
User D)
12+ months:
End of month 12, an additional 250k xdn is released back into wallet
Month 12+ runs MN for 1.5m xdn
❌Gets back 1.5m XDN once MN is destroyed (Plus rewards)
This gives long term MN holders an opportunity to run these for only 1.5m xdn after the 12th month. The rewards do NOT come out of our block rewards as the user is just given back a portion of their collateral.
Buy 4 Get 1 Free: If someone ran 4 masternodes for 12 months, they would have unlocked enough XDN to start a 5th MN earning a better APR and locking funds out of circulation.