Edge Node Tokenomics
Last updated on Feb 14, 2023
Last updated
Last updated on Feb 14, 2023
Last updated
By running OORT's edge node and providing storage, compute capacity, or bandwidth, one can help these applications to scale easily while earning mining rewards.
To achieve sustainable supply and demand growth and enable the long-term and healthy development of OORT Edge, only when the average utilization rate of the total storage and computing power of the entire network reaches 70% in a 3-month period, more Deimos devices will be able to join.
After the expansion, the total daily mining rewards will remain unchanged.
The OORT Foundation will host community voting to decide whether to reduce mining rewards and how much should be reduced every few months after OORT Edge launches, based on the amount of token circulation.
What is inflation reduction? Reducing mining rewards in a network. For example, the community can decide to reduce mining rewards in half.
Mining Rewards
Mining Collateral
Mining Penalty