💚ADDIX-FOMO🐸 Validator Node
By staking to the Validator, and minting your badge, you participate in the FOMO $HIT Fund
The blog post detailing the validator this can be found here, for The Fund is here.
💚ADDIX-FOMO🐸 Validator Node
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On 9th June 2024, we launched a Radix Network Validator Node in partnership with FOMO. On 31st July 2024, we entered the Top 100. This is a huge achievement, and we are so chuffed to have entered the set. Entered being the key word. Now the job begins to really establish ourselves and grow.
Rug-Proof Node Rewards
As with our Rug-Proof $HIT Staking, The staking rewards that are allocated for those delegating to the node have been added to a component that cannot be rugged. The Git for the Reward Distribution Mechanism can be found here.
Node-Running Particulars
Node-running will take place on the Addix side - in-house
The node will run with 100% fee; 80% into The Fund, and 20% into Buybacks
A total of 15% Addix tokens (150 B) will be airdropped to Node Delegators, over the course of four years - as per the schedule below.
This 150 B allocation has been locked in a Rug-Proof Smart Contract
The first Airdrop date is 26th July 2024
Node Rewards Schedule
Months 1-3
20 B
10 B
7.5 B
6 B
Months 4-6
15 B
10 B
7.5 B
6 B
Months 7-9
12.5 B
10 B
7.5 B
6 B
Months 10-12
12.5 B
7.5 B
6 B
6 B
Total
60 B
37.5 B
28.5 B
24 B
About Our Node
Our node is run on an IONOS cloud server. We have firewall management, unlimited traffic, and Wildcard SSL certificate which ensures secure data. The data centre itself is ISO-27001.
On 15th Feb 2025, we upgraded our node to have more disc space:
Technical Specifications;
IONOS Dedicated Server XL-32 NVMe
Intel® Xeon® E3-1270 v6, 4 cores x 3.8 GHz, 4.2 GHz Turbo Boost
32 GB RAM, DDR4 ECC
1 TB NVMe SSD, (2 x 1 TB NVMe SSD), Hardware RAID 1
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