Rug-Proof Validator Node
The blog post detailing this can be found here
💚ADDIX-FOMO🐸 Validator Node
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We are delighted to announce that as of 9th June 2024, our Radix Network Validator Node will be in partnership with FOMO.
Discussions with FOMO made it clear that our vision and values align. This link-up is a natural continuation of an already established collaboration
As of 31st July 2024 - The 💚ADDIX-FOMO🐸 Validator Node 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. You can expect more work & hustle. Something that united FOMO Jim and myself when we began collaborating was contributing beyond our own projects, to the Radix Ecosystem & Community as a whole.
We work for you.
Rug-Proof did you say?
Yes! The rewards that are allocated for those delegating to the node cannot be rugged!
Node-Running Particulars
Node-running will take place on the Addix side - in-house
The node will run with 100% fee
A total of 15% Addix tokens (150 B) will be airdropped to Node Delegators, over the course of four years. The first Airdrop took place 26th July 2024
This 150 B allocation will be locked in a Rug-Proof Smart Contract - txid_rdx1qypaftpfuzjxzzsqq8mqzskrlhsfvjqz4t0p5ce5s56a2ramwh0sxvw77x
2/3 of XRD generated will be used for Addix buybacks
1/3 of XRD generated will be used for FOMO buybacks
Additional FOMO will be airdropped to delegators, upon successful entry into the top 100. Details Here
| Year 1 | Year 2 | Year 3 | Year 4 | |
|---|---|---|---|---|
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 |
This collaboration between two different projects, who are aligned with long-term participation within the radix platform, gives delegators the chance to receive airdrops from two distinct projects, each of whom are adding utility and value to the Radix Ecosystem.
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.
Technical Specifications; Intel® Xeon® E3-1230 v6 4 cores x 3.5 GHz 3.9 GHz Turbo Boost, 32 GB RAM DDR4 ECC, 480 GB SSD (2 x 480 GB SSD) Software RAID 1.
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