Enchantment2.0 super node income and development planning route
Many of BEAN’s high-quality super nodes also shoulder the mission of promoting faster and better development of the network. Secondly, it can help super nodes to make great progress in promoting the scalability, cross-chain interoperability, and wide application of the blockchain. Such as running open source tools, promoting and incubating DAPP development, etc. The DAPP network is the first universal middleware in the BEAN community, which can be used across multiple blocks and provides a powerful set of services for developers. The DAPP service provider is the core of the network and a unique type of super node.
What exactly is the super node of BEAN:
Today I will give you an introduction. First of all, what is a node? Every node in the blockchain network is actually every computer or server terminal that stores data. The production of new blocks, transaction verification and accounting are all done by nodes. All nodes will fight for the right to book accounts and get the bookkeeping rewards given by the system mechanism.
What is the super node of BEAN?
Since the blockchain is decentralized, all public chains are community autonomous, and there is no central leader to make decisions. In order to maintain the public chain, most community users must reach a consensus. So how to achieve this is accomplished by the POS+Staking consensus mechanism and the community voting mechanism.
Simply put, the bean token used in the network operation is used as a functional token in the system. There are 60 million bean tokens in the incentive pool, which will be distributed to super nodes, backup nodes and voters in proportion.
Become a BEAN super node to get additional benefits:
The income of BEAN node rewards mainly comes from block rewards and voting rewards. Super nodes and backup nodes need to use dean governance voting tokens to activate
and unlock to become super nodes. The top 31 super nodes have not only block rewards but also voting rewards; the candidate nodes ranked after 168 only have voting Reward, there is no block reward. Block rewards are distributed according to the number of blocks produced by the node, while voting rewards are distributed according to the number of votes the node receives.
Then, how are the specific incentives allocated for the BEAN of block rewards or voting rewards?
1. The first 31 super nodes allocate 5 million BEAN.
2. The last 168 backup super nodes allocate 15 million BEAN.
3. Voters allocate 40 million BEAN.
The BEAN protocol system is a new equation for on-chain governance, which allows miners to have long-term stable income. The more BEAN miners dig every day, the more governance voting tokens they will get, and the system will calculate the rewards of the incentive pool. Incentives and voting will be opened once a year. If the incentive pool is less than one year in the Enchantment3.0 network system upgrade, the system will also execute the distribution of incentive pool rewards according to smart contracts.
The research plan of Enchantment3.0 will integrate the new Defi meta-universe and build a more sustainable synthetic asset Defi product. Compatible and support a larger category of financial assets, traditional financial derivatives trading will be carried out in specialized trading institutions, and strictly divided from the spot market such as stocks, bonds and foreign exchange. Therefore, it is necessary to classify and discuss the business logic and business layout of DEX derivatives transactions.
In summary, I believe that with the efforts of many intelligent brains in the crypto community, all problems will eventually be solved, and we will usher in a new era of DEX derivatives.
