Reward System and MPRO Distribution

Becoming an indexNODE Provider: Eligibility Criteria

  1. License Acquisition: Prospective indexNODE providers must first acquire a license available through the MPRO Lab platform.

  2. Software Installation: After obtaining the license, the "metapro launcher" software, which includes the indexNODE application, must be installed and activated.

  3. Continuous Operation: Providers are required to maintain their indexNODE in a continuously active state for a minimum specified duration daily to qualify for rewards.

Reward Calculation

  • Daily MPRO Allocation: A predetermined amount of 250,000 MPRO is allocated daily for distribution among active indexNODE providers.

  • Proportional Distribution: The allocation to each provider is calculated based on the proportion of time their indexNODE was actively connected to the network in the 24-hour cycle.

How are rewards calculated?

It is very simple:

  • Every indexNODE that is actively connected to the network receives a maximum of 100 credits for a full 24-hour cycle.

  • For every minute of active connection to the network, each indexNODE earns 0.06944 credits.

  • To qualify for an MPRO reward, each indexNODE must accumulate at least 25 credits, equivalent to being actively connected to the network for 6 hours within the 24-hour cycle*.

  • The reward calculation considers the total connection time of each indexNODE during the 24-hour cycle. The daily allocation of 250,000 MPRO is then distributed proportionally among all eligible indexNODE providers, based on their network uptime contributions.

*The working cycle for an indexNODE is measured daily from 8:00 am UTC on the current day to 8:00 am UTC on the following day, completing a 24-hour cycle.

Claiming Rewards

  1. Distribution: MPRO earned as rewards are automatically calculated and allocated to user token panel on MPRO Lab platform.

  2. Claiming Process: Providers can claim their MPRO through the MPRO Lab platform. This process involves authenticating their account and initiating the transfer of tokens to their personal wallet.

  3. Claiming Process - Coming soon

Maintaining Eligibility

  • Operational Compliance: Providers must adhere to operational guidelines, including maintaining their indexNODE online for the minimum of 6 hours in a cycle.

Last updated

#74:

Change request updated