DecimalChain validators support

DecimalChain
2 min readJul 1, 2021

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In order to support new validators, the DecimalChain development team bonds over 1 000 DEL to them.

💰 To get the bonded stake from Decimal validators, validator should meet some criteria and implement certain conditions described below

📄 Criteria:

✔️Technical compliance of the equipment
✔️Reserve server
✔️Use of the fee protection mechanisms
✔️Validator’s fee not higher than 6% (if the economic model of your projects requires higher fee, then you need to prove it)
✔️Wish to develop DecimalChain for the sake of own blockchain projects and rest of Decimal users.
✔️Website of the validator (the project) is at least at the stage of MVP

📃 Conditions:

✔️Two months of mastermode operation without any fees
✔️Own stake from 10 000 DEL
✔️White paper of the validator published on DecimalWiki
✔️Own token of the validator
✔️White paper of the token published on DecimalWiki
✔️Bot/software/App/service/concept based on DecimalChain blockchain (at least at MVP stage) with the functions valuable for the whole community

✏️How to apply ?

If you meet the criteria and if you’ve implemented all the conditions, then fill the following form and send it to decimalchain@gmail.com

✉️ Subject of the email : VALIDATOR SUPPORT

▪️Browser link to the validator
▪️Browser link на токен в обозревателе
▪️Links to “White papers”
▪️Description of the software/bot/App and demonstration of MVP

🔎 After consideration of application and its approvement, stake will be bonded by the developers to the validator within one month.

💱APPROXIMATE calculations:

2 000 000 DEL (bonded by developers)
will be mined with the speed of 200 000 DEL per month.

As a fee (e.g. 6%) , validator would take 12 000 DEL per month. According to the current exchange rate it is 240 000 roubles that validator can get for the development of his project and the DecimalChain network.

❗️NOTE: The numbers above do not represent some guarantee and can change to a greater or a lesser degree depending on the DecimalChain network profitability.

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DecimalChain
DecimalChain

Written by DecimalChain

Explore, Build, Earn on the Decimal. Decimal helps communities to issue and manage blockchain assets.

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