Summary
> 1. How does the Subhosting NaaS VSC Validator Node work?
> 2. To activate a node
> 3. To check the information and claim rewards of an active node
> 4. How do Validators and Delegators contribute to the Vyvo Smart Chain network?
1. How does the Subhosting NaaS VSC Validator Node work?
Staking with VSC Network, you can Stake your VSC helping Vyvo Smart Chain to secure its network and be rewarded for it.
The Validator Node is a native function of VCS blockchain network.
Normally setting up and running a node is a very complicated and time-consuming process so we introduced NaaS (Node as a Service) which means all those parts (Node setup, maintenance, updates etc) will be handled by Subhosting.
No downloads, installation, setup or usage fees are required for this service:
- To activate your Validator node service you need to deposit 400.000 VSC for a minimum staking period of 12 months.
- This service guarantees you an APR 44% paid at the end of the staking period.
- After the activation, the service will be active for one year. To reactivate it, you’ll need to purchase it again and re-stake the 400.000 VSC.
1. On the InPersona Shop > Profile >"Vouchers & Promos" copy the Node Voucher you intend to use.
2. Go to InPersona > Wallet > Nodes section and click the "+Activate node" button.
3. On the new page, choose the Node Location* and ensure that Wallet Address and Network match the ones set in your inPersona dApp. Paste the Node Voucher code you copied from the Vouchers & Promos section, agree with the terms and conditions, and click on "Activate Node".
4. The inactive node will appear in InPersona > Wallet > Nodes, click on it.
5. A new page will open with the message "Your node is inactive now. You need to stake 400,000 VSC to your node to activate it. You can stake VSC to your node from your active wallet", click on the "Stake & Activate"** button to stake the 400,000$VSC.
3. To check the information and claim rewards of an active node
1. On InPersona > Wallet > Nodes, click on the active node you wish to check.
2. A new page will open displaying the staking start date, staking deadline, staked amount, and a "Claim Rewards" button.
You can claim your reward at anytime, the transaction will require the payment of gas fee and the reward will be deposit in your wallet.
Please note:
- *Nodes are available in data centers across 3 continents, we are letting our members choose the location to have a more natural balance of the resources across the different data centers.
- **You are required to stake 400,000 $VSC within the one-year validity period of the NaaS service.
- The service started when the number of 1000 Validator Nodes purchased was reached.
- To activate your Validator node service you need to deposit 400.000 $VSC for a minimum staking period of 12 months.
- This service guarantees you an APR of 44% paid at the end of the staking period.
- After the activation, the service will be active for one year. To reactivate it, you’ll need to purchase it again and re-stake the 400.000 $VSC.
4. How do Validators and Delegators contribute to the Vyvo Smart Chain network?
Validators and Delegators are essential components of the Vyvo Smart Chain (VSC) network, playing key roles in its operation and security.
- Validators
Validators are participants who stake their Vyvo Coins (VSC) as collateral using staking contracts to secure the network. By processing transactions, they help maintain the decentralization and integrity of the VSC network. In return for their services, validators receive rewards, which are distributed among all stakers based on their stake at each checkpoint, with additional bonuses for the proposer.
To become a validator, participants must run a Validator Node and lock up a minimum of 400,000 $VSC as a stake in the ecosystem. This requirement ensures that validators have a significant investment in the network, incentivizing them to act in their best interest.
- Delegators
Delegators are stakeholders who choose not to run a validator node themselves but instead secure the network by delegating their stake to validator nodes. They play a crucial role in the system by selecting validators to delegate their stake to. Delegators stake their $VSC by delegating them to a validator and receive a percentage of the validator's rewards in exchange.
However, delegators also share risks with their validators. If a validator makes an error or acts maliciously, each of their delegators is at risk of being partially slashed in proportion to their delegated stake. Therefore, delegators must carefully consider the reputation and performance of validators before delegating their stake.