How do Supernodes Generate Profit?
MXC Supernodes play an essential role in the MXC data trade ecosystem, responsible for ensuring the “Data Highway” remains intact, active, secure and a vibrant place for
Supernodes form a central role in the MXC Data Highway. An MXC supernode is a platform that operates using the MXProtocol to network between like-minded peers, thus bringing them all together using the same shared MXProtocol consensus.
MXC Supernodes ensure that all transactions are carried out and completed in a fair, transparent and fast manner. Due to the general nature of the data services operating on the MXProtocol, many supernodes will have a distinct advantage by participating in the MXC supernode system.MXC operates using “LPWAN” or the Low Power Wide Area Network, meaning the processing of transactions will require significantly less computational and processing capacity, this is a major plus point over other systems which demand a vast amount of power and thus a large amount of operating costs.
Supernodes share in a significant portion of data transfers derived from the operational fee based economy.
Earnings are conveniently paid out on a monthly basis, supernodes are then encouraged to introduce more activity onto their supernode, the higher the activity, the higher the earnings.
The earning breakdown of the entire supernode data revenues is as follows;
- 10% Return to StakeHolders
- 10% Token Burn
- 10% MXC Foundation
- 70% to SuperNodes
The amount of MXC earned by stakers is governed by the amount of Stake a stakeholder has in an individuals supernode pool. For example the entire staking pool funds are divided into a percent of contribution based on the amount invested by an individual staking party, the percent is obtained by comparing the amount of MXC invested compared with the entire pool of staking investments, this is the percent of the shared stakeholder profit that stakers will receive as a payout in MXC.
MXC Supernodes play a vital part in the new decentralized data economy, in addition to becoming a key aspect and pillar of support for the data community, supernodes have the ability to earn significant revenues from every data transmission. This is a win for data traders,