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Node Rewards

As a node operator, your participation is essential in maintaining a secure, reliable, and high-performance network. In recognition of your contributions, TEN has implemented a comprehensive reward structure to incentivize active and consistent engagement in the network’s testnet phases.

Program Overview​

TEN is an encrypted Layer 2 network built on Ethereum, designed by the team behind Corda. TEN offers a highly scalable and private environment for Web3 applications,including AI, tokenizing real-world assets (RWA), enabling decentralized financial solutions (DeFi) and on-chain games.

Objective​

TEN’s incentivized testnet rewards participants—including node operators, developers, and users—who actively contribute to testing and improving the network. Node operators play a vital role in decentralizing TEN and ensuring robust node operations, and they are rewarded for maintaining network health, stability, and performance.

Node Operator Rewards Structure​

TEN has allocated 22,500,000 TEN (representing 2.25% of the total token supply) to incentivize contributions across the community, including node operations.

Rewards Overview​

  1. Staking Requirements: Node operators do not need an initial stake to participate in the testnet (however, a minimum of 50,000 TEN tokens will be required for staking on Mainnet).
  2. ETH-Based Compensation: Node operators receive rewards paid in ETH to help cover hosting costs and encourage active participation.
  3. Delegated Staking Model: Community members can delegate their TEN tokens to node operators, broadening community involvement and fostering a more decentralized ecosystem.

Performance-Based Rewards​

Performance-based rewards are structured to motivate the consistent and high-quality performance of nodes, as follows:

  • Top 10% Performers: The highest 10% of node operators, ranked by performance and uptime, will earn the top reward bracket. Top performers will receive a reward equivalent to the minimum mainnet staking requirement and will be offered priority access to participate in the mainnet launch.
  • Remaining Participants: Node operators outside the top 10% but in the top 20% will also receive a reward based on their contributions and performance.

Participation-Based Rewards​

Node operators who meet minimum participation requirements but do not rank in the top 20% will still receive a reward. These rewards aim to foster inclusivity and recognize the contributions of all node operators.

Testnet Phases & Participation​

The incentivized testnet is split into three phases, each lasting approximately 6-8 weeks, followed by a short intermission between phases. The phases are designed to test and validate different aspects of the network:

  1. Phase 1: Focus on onboarding developers and user quests aimed at network resilience.
  2. Phase 2: Dedicated to expanding node operations and enhancing network decentralization.
  3. Phase 3: Final phase with an emphasis on testing newly deployed dApps and security-focused initiatives.

Eligibility​

  • Application: Node operators can apply via the Validator Application Form.

  • Selection: Applications are prioritized based on node management experience and community commitment, with selected participants notified by email.

    * Jurisdictional Limitations will be applied.

Additional Information​

  • Updates and Notifications: Important updates will be shared via the TEN Discord testnet channel and by email for selected participants.
  • Documentation: Technical documents and guides are available on TEN’s official documentation site, with more added throughout the testnet phases.

Reward Distribution​

All rewards will be distributed after the mainnet launch, following the tokenomics vesting schedule outlined in the official TEN whitepaper.

This Node Rewards program aims to build a community-driven network powered by participants' shared efforts and contributions. By rewarding commitment and performance, TEN is cultivating a stable, high-performance Layer 2 ecosystem that is decentralized, secure, and inclusive.

For further queries, please reach out via our Discord channel or reach out on to @TENprotocol on X.