Goal
Encourage more ecosystem participators to set up validators to secure the HyperGrid Network
Requirements
- Minimum Sonic requirements: 7.2M SONIC token under 300M FDV (Mirror World Foundation will sponsor the amount through the delegation program)
- Hardware requirements https://internaldocs.sonic.game/HSSNValidator
Sonic Economics
- Token Total Supply: 2,400,000,000
- Allocation to Validator Rewards: 10%
For a more details Sonic Economics, please refer to the doc below
Sonic Economics
Incentive
- 10% $Sonic Allocation for all validators, with a 4-year halving mechanism.
- In the first 4 years, each month will be issued 2,500,000 $veSonic
- In the early stages, monthly rewards will be determined based on the validators within the HSSN.
- Delegation Program
- The foundation will support the setup of some early validators by providing the required staking amount
Validators Rewards
- Gas fee
- Across all HyperGrid Multiverse
- Commission Fee (for Validators)
- 20% of rewards will go to validators
- validators may need to lower down the percentage after retail staking is opened
- Staking Rewards (Delegation)
- Estimated 20% APY
Let’s give an example:
- Validator A Staking Rewards per year = 7,200,000 SONIC * 20% APY * 20% Commission Fee * (300,000,000 / 2,400,000,000) = 36,000 USD