Starting July 28th, 2021 we are one of the teams running a node on the
Radix public mainnet.
Being selected among the 100 betanet validator nodes during the testing period has given us a vote of confidence and we aim to follow through on this vote and deliver further the best security there is to keep the network safe and running smooth.
If we are to be selected by the community among the 100 validator nodes on mainnet, we are commited to keep our stake delegators informed and making sure our node has the best uptime and maximizes the rewards for their staked Radix tokens.
At the top of this page you can see a straight forward summary of the status of the node, with the amount of XRD tokens staked by the Radix holders and the amount of rewards redistributed.
By staking your XRD tokens on the
IDEOMAKER node once the mainnet is live, you secure the Radix network and directly support the development of our project. On top of that we are also preparing exclusive content just for our stakers. (follow us to find out first)
Let's deliver No-Code Decentralised Applications to the masses!
1. What is Radix staking?
First of all for the un-initiated, what is Radix and why is it different?
Radix is a decentralized network of computers. In computing terms, a decentralized network distributes workloads among several machines, instead of relying on a single central server. A decentralized network offers a wide range of benefits over the more conventional centralized network, including increased system reliability, scale, and privacy.
Compared with other networks of such kind, Radix is the only decentralized network where developers will be able to build quickly without the constant threat of exploits and hacks, where every improvement will get rewarded, and where scale will never be a bottleneck.
XRD is the native token of the Radix Mainnet and may be used for securing the network, accessing DeFi, deploying smart contracts and paying for transactions. Staking is the process of voting with your tokens a chosen validator node to secure the network. In exchange for this vote you get rewarded by the network with new tokens from a total annual emission of 300 million XRD. This amount will be split proportionally among all network stakers, based on the amount each stakes and the time they stake.