Profit Ark Guideline
1, Setup Nodes
3, Staking
Every 5 days, we will count the points earned during that period of time and distribute rewards proportionately.
In order to receive rewards from the testnet, you need to go to Crust APPS where you can bond your ETH account to your Crust test account. The rewards will go to your ETH account in the form of ERC20. The bonding procedures are shown as follows:
During the test period, points will be counted and summed in each Era based on three indicators of nodes: 1) validator rate, 2) success rate of reporting work report, and 3) overall storage capacity. Point-earning rules in each Era are as follows:
- Points = Storage capacity * (1 + Validator rate * Validator multiplier) * Work report multiplier
-
Storage capacity: Storage capacity of the current era
-
Validator rate: the number of Era when the node is a validator / the total number of Era since the node joining the network
-
Validator multiplier:
-
| Wickedness rate | Validator multiplier |
|---|---|
| < 1% | 0.5 |
| < 1.2% | 0.3 |
| < 1.4% | 0.1 |
| < 1.6% | -0.1 |
| > 2% | -0.3 |
- Work report multiplier:
| Success rate of reporting work report | Work report multiplier |
|---|---|
| > 99% | 1 |
| > 98% | 0.9 |
| > 97% | 0.8 |
| > 95% | 0.7 |
| < 95% | 0.5 |
The rules are to be finalized by the announcement from Crust development team. Please stay tuned for the latest announcement to keep up-to-date with any change.