The privacy computing network PlatON launched the "PlatON Validator Incentive Program."

2022-09-30 22:03:55
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Chain Catcher News, the PlatON privacy computing network officially launched the "PlatON Validator Incentive Program" for mainnet validators today. This program provides cumulative contribution rewards and long-term stability rewards to eligible validators based on their network contributions to the PlatON mainnet, node reliability, and stability assessment, with a focus on incentivizing nodes that produce blocks frequently, have high staking, and operate stably over the long term.

This incentive program is tentatively planned to be implemented in three phases (over the course of one year), with a total reward amount of 4 million LAT for the first phase. Future phases will be adjusted based on the ecological development situation. The LatticeX Foundation will announce the winning validators and reward amounts for each phase within one week after the evaluation deadline on the LatticeX Foundation forum, and the rewards will be distributed within 10 days after the announcement. (Source link)

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