Nodes

What is a node?

Nodes are a key part of the decentralization of RecoveryDAO. Anyone can become a node by staking liquidity and contribute to the development of DAO.

Nodes will be at the heart of the protocol and will essentially define, shape and control the future.

We sincerely welcome every member who loves Recovery to join the node. As the number of nodes increases, the vitality of DAO will become more tenacious.

Benefits enjoyed by nodes

• Initiate a proposal

• Participate in voting governance

• Exclusive crowdfunding share

• Node exclusive rewards

• Node Invitation Reward

• More rights in the future

How to become a node?

To apply to become a node, you need to click the node page on the website. Initially, you need to stake the liquidity of REC-USDT worth $2,000. When Recovery adds 10 nodes, the stake value needs to increase by $100, with an upper limit of $10,000.

After the stake is successful, you can become a node of Recovery.

Node crowdfunding share

When you apply for a node, the agreement will automatically calculate your crowdfunding share for you. Your initial share is the total amount of you and your team members participating in the crowdfunding of the superior node in the previous period multiplied by 104%.

We consider that the initial quota may not meet your needs, and you also have an opportunity to apply for an additional share.

The additional quota can only be applied for once, and there is no limit to the application time.

Node Mechanism

As an important role in determining the development of Recovery, nodes are also endowed with a greater mission.

After becoming a node, the pledged liquidity will be transferred to the black hole, permanently locked and irredeemable. And after the node crowdfunding starts, if a certain period of crowdfunding fails in the future, the node will be cancelled. If you want to apply for a node again, you need to re-stake liquidity.