Skip to content

Node Staking Reward Plan

The Node Staking Reward Plan

In order to better stimulate the development of node ecology, Diskcoin Foundation has launched the Node Staking Reward Plan, all issued Diskcoin rewards will be distributed by the Foundation, and all miners are welcome to submit application for rewards.

Participation in the Node Staking Reward Plan rules

  1. The Staked amount needs at least 1000DISC.

  2. The settlement time of the reward is after the start of the new DC.

  3. The reward plan will start from block height 27001.

  4. The reward of the DC (N-2) will be settled at the beginning of the DC (N). For example, Staking statistics start at block height 27001, settle after 30,600, and issue reward for the 16th DC (height 27001~28800). Once unstaked before 30600, there is no reward.

  5. Online submission of the Staked txid participating in the reward plan.

  6. The reward will be issued to the stake out address.

  7. The reward rate for the 16th DC is 2%. For example, if you Staked 1000 DISC in 16th DC and does not unstake until the end of 17th DC, the 16th DC reward is 1000*2% = 20 DISC. And the incentive rate is reduced by 10% for every five DC thereafter, that is, the reward rate for the 21st DC is 1.8%. For example, if you Staked 1000 DISC in 21st DC and does not unstake until the end of 22nd DC, the 21st DC reward is 18 DISC.

Submitting Application: https://www.diskcoin.org/staker

FAQ

1. What is the purpose of the plan?

We hope that more nodes will be able to participate in the ecosystem. For example, pools can launch a Staking financial plan for its users.

2. Who is the Node Staking Reward Plan mainly for?

Mainly for mining pools, wallets, exchanges and other institutions, so the participation threshold starts at least 1000 DISC.

3. What do I need to submit to participate in the plan?

Online submission of the Staked txid participating in the reward plan.

4. The more Diskcoin I Staked, the more rewards I will get? Or as long as the Staked amount more than 1000 DISC?

Each Staking needs at least 1000 DISC. The more Diskcoin you Staked, the more rewards you will get.

5. Can Staked amount add up to more than 1000 DISC to get rewards?

Each Staked amount needs at least 1000 DISC.

6. How long does it take to get a reward?

The Staking needs to last for at least 2 DC to receive a reward. The reward of the DC (N-2) will be settled at the beginning of the DC (N). For example, Staking statistics start at block height 27001, settle after 30,600, and issue reward for the 16th DC (height 27001~28800). Once unstaked before 30600, there is no reward.

7. I am mining in the pool. Can I get the reward for the plan?

You can contact the mining pool to ask if they have any incentives.

8. When will the reward start to settle?

The settlement time of the reward is after the start of the new DC. The reward of the DC (N-2) will be settled at the beginning of the DC (N).

9. When will the plan start?

Start at block height 27001.

10. How will the reward be issued?

The reward will be issued to the stake out address.

11. Where does the rewarded Diskcoin come from?

All issued Diskcoin rewards will be distributed by the Diskcoin Foundation.

12. What is the relationship between the plan and the DES mechanism or pool Staking?

The two are not directly related and do not affect each other. For miners, the equivalent of Staking has double reward.

13. What is the reward rate for the DC?

The reward rate for the 16th DC is 2%. For example, if you Staked 1000 DISC in 16th DC and does not unstake until the end of 17th DC, the 16th DC reward is 1000*2% = 20 DISC. And the incentive rate is reduced by 10% for every five DC thereafter, that is, the reward rate for the 21st DC is 1.8%. For example, if you Staked 1000 DISC in 21st DC and does not unstake until the end of 22nd DC, the 21st DC reward is 18 DISC.