Validators & Delegators

To create a validator node, you will need 600,000 CNET tokens. Each validator can create their own staking pool and allow the other community members to delegate their CNET tokens.

In total there will be 300 validator nodes to secure CyberNetwork. Initial CNET circulation is ~350M which means it will be around 35% of the total supply. And expected initial stake amount is around 200M CNET.

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Validator

Validators are the angels who wants to secure the network. Validators has to stake 600,000 CNET to run a validator and validate every single transaction in the network. They will earn CNET according to the APY as well as the transaction fees.

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Staking Provider

Validators can convert their delegation to a staking pool, with that way they will become a staking provider and they will be allowed to accept CNET token from the delegators to stake. By applying a service fee, they will earn from delegators as well.

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Delegator

Delegator are the token holders who wants to contribute to the network's security but also earning from it. Delegators will be get staking rewards from staking providers according to the APY they provide.