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In collaboration with Drip, we have launched the exclusive Photon Node Pools. This initiative marks the creation of the world’s first futuristic Droppool, designed to enable you to participate in the early stage of Photon Labs and earn rewards!
Why Does It Matter? A Quick Overview
Photon Labs plans to host an Eclipse Node Sale in H2 2024 as part of the Race To Photon Mainnet.
Eclipse Nodes are authorized validators that help validate and propagate transactions and blocks on the Photon network, ensuring smooth and accurate operation. Validators play a crucial role in maintaining the security and integrity of the Photon network.
To operate nodes, validators must hold an Eclipse Node Key (in the form of an NFT), initially available through our node sale. In return, they earn a share of the PTON token supply and qualify for a plethora of incentives.
The core benefits of Eclipse Nodes include making node operation accessible to everyone and contributing to the decentralization of the Photon network. Running a node is no longer exclusive to savvy users. At Photon Labs, the node operation will be a seamless process, where with just a few clicks, you can run nodes without dedicated hardware and start earning rewards immediately (through node delegation).
To summarize:
- Purchase an Eclipse Node Key.
- Run or Delegate Node.
- Earn Token Rewards Daily.
(Sale dynamics and node operation updates coming soon!)
A New Opportunity. Earning Eclipse Node Keys on Drip.
Drip is changing the game by offering 100% Free Photon Nodes through Node Shards for users to participate ahead of the launch. Here’s how it works:
- Stake in a Node Shard Pool on Drip, like the Photon USDC Pool or the Photon WETH Pool.
- Earn Node Shards, pieces of a full node, to be assembled later.
- Hit Stretch Goals. The higher the total pool TVL, the more shards are distributed, and the better the conversion rate for nodes. Invite friends to maximize rewards for everyone.
- Convert Shards into Eclipse Node Keys at Photon Labs’ conversion portal and enjoy your free nodes!
Starting at Tier 21-24, stakers can combine their efforts by hitting the TVL stretch goals for this campaign to lower the conversion tiers way down to Tier 7 after crossing $7.5M TVL.
Rewards
Participating validators on the Photon network will be rewarded with $PTON tokens for their crucial role in validating and securing the network.
- $PTON is the native token of the Photon network, with its launch anticipated in Q3 2024. It is fundamental to the network's operations and economics.
- A substantial 20% of the total $PTON supply is dedicated to rewarding validators.
- Beyond $PTON rewards, we are committed to providing additional benefits designed to recognize and support validators. MOAR rewards!
Photon Labs 🤝 Drip
We’re excited to bring you this innovative opportunity. Whether you’re a seasoned crypto enthusiast or new to the space, these Node Pools with Drip present an opportunity for our early community members to show their support, participate, and secure exclusive rewards before launch.
Stake Today and Start Earning
Stake in our pools to start earning your Photon Node Shards:
Grab a brew and happy earning!
