PARAVERSE
  • About ParaNodes
    • ParaNodes
      • Node Token
      • Current issues in the node space
      • Node Upgrading
        • Node Evolution
  • ABOUT PARAVERSE
    • ParaVerse NFT Nodes
    • ParaVerse Community
    • MORE INFO
  • ABOUT NFT BOOSTERS
    • NFT Boosters
  • About Presale
    • Presale
  • TECHNICAL DETAILS AND SECURITY
    • Tokenomics
    • Fees
    • Smart Daily Limits
    • KYC and Multisig
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  1. About ParaNodes
  2. ParaNodes

Node Upgrading

We are introducing a new feature, which enables node holders to conveniently compound the yield from their holdings. This mechanism allows investors who have enough compounded $PARA tokens in their ParaNode to upgrade to a higher tier, according to the following rates:

• TIER 1 PARANODE : 50,000 TOKENS - 6% Daily APR

• TIER 2 PARANODE : 100,000 TOKENS - 8% Daily APR

• TIER 3 PARANODE : 500,000 TOKENS - 10% Daily APR

• TIER 4 PARANODE : 1,000,000 TOKENS - 12% Daily APR

Additional to this you will be able to further increase your yield rewards by staking exclusive NFT Boosters (Read more on "About NFT Boosters") to node.

Example: for a Tier 2 ParaNode with Level 2 NFT Booster (20% bonus) it will be 8% + 20% of 8% = 9.6% Daily APR

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Last updated 3 years ago