Chinese Year Of The Ox Aleph.im Node Operators Bonus
We are thrilled to announce a Chinese Year Of The Ox Special Reward Program to mark the end of the Chinese New Year celebrations. The ox the 2021 Chinese zodiac sign. Oxen are very similar to bulls but are physically prepared for hard labor and superpowers the production of the farm. In that same spirit, we are supercharging the node operator incentivization pool for the rest of the year, for all those who activate their node before March 11th 2021. 14 days to go!
About Aleph.im
Aleph.im’s core mission is to help decentralized apps and protocols strip off the centralized parts of their stack, achieving a fully decentralized architecture. Aleph.im achieves this by providing decentralized databases (including file storage), computation and a decentralized identification (DID) framework. Our vision is to become the You can think of aleph.im as a decentralized AWS or Firebase.
Rewards Details
We are allocating an additional 702'000 ALEPH tokens to the Node Operators Incentivization Pool for this Chinese Year Of The Ox. These extra tokens will be for those who get their node activated before March 11th 2021.
The month of March will have an increase of 24% for node operators rewards!
The first month (March) will have an increase of 24% for node operators rewards! The bonus rewards will then decrease of 2% every month. So April will have a 22% bonus, May 20%, June 18% and so on.
Concrete Figures
The incentivization pool for node operators is of 450'000 ALEPH tokens per month during the whole Chinese year. So in March it will be increased to 558'000 ALEPH tokens (+24%). If there are 40 nodes active, the monthly reward per node will grow from 11'250 to 13'950 ALEPH tokens (+24%).
Eligibility
Nodes will be eligible for the Aleph.im’s Chinese Year Of The Ox special reward by fulfilling a simple condition: the node must be created before March 11st 2021.
What About Existing Nodes?
This condition is retroactive, meaning that all nodes already existing are also eligible.
If you already operate a node then no action is needed from you, you are already eligible of The Chinese Year Of The Ox special reward.
Resources
Related Tokenomics Articles
- Tokenomics Update 2: Supply Halving & Staking Updates (Jul 23, 2020)
- Update On Tokenomics & Incentives Programs! (Jul 6, 2020)
- Core Channel Nodes and Node Operators (Dec 8, 2020)
