How to become a Nitro Network Genesis node and get rewards?

  • What is a Genesis Node?
  • Is it a new token altogether?
  • Can anybody become a Genesis Node?
  • Is there a way anyone can check if they are a Genesis Node or not?
  • How can anyone be a part of the Genesis Node rewards?
  1. Rewards for 50 years: Current NCash holders will keep earning rewards for the next 50 years in line with our new token economics model.
Cumulative Genesis Token Rewards
  1. Category 1: Genesis Nodes who staked their token within the specified window. These people will receive rewards for the next 50 years and 150% APR for the number of the days they have staked NCash until Feb 15, 2022. Genesis Nodes will receive new tokens automatically as per our new smart contract. Just FYI, you will have to continue staking your same amount of NCash token that you stake today, not the rewards, to stay qualified as a genesis node.
  2. Category 2: Non-Genesis Nodes who did not stake. After Feb 15, 2022, these people will have to swap their token to a new token using our platform which will go live on Feb15.
  3. They will not receive any genesis rewards. But they can certainly stake their token to receive a company staking reward of 90% APR as all other token holders.

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