TrustedNode is a game changer for liquid staking and income generation.
How does Trustednode work?
Trusted Node opens up access to PoS network rewards for everyone. In PoS networks, validation nodes are essential for the health of the network. However, there are several drawbacks. Each network has different requirements for equipment, technical expertise and capital investment, tied to a node. The initial investment in physical hardware and ongoing maintenance is expensive. This means that the rewards that come from running a validator node are out of reach for most members of the DeFi and cryptocurrency community.
Trusted Node makes these rewards available to everyone. Developers achieve this by running validator nodes on the most important new blockchains, so you don't have to keep track of the logistics and technical details of running your own validator.
Trusted Node — your easy path to a profitable fixed income. In addition, you will play your part in improving the security of large networks.
Features of the liquid staking:
| 1. | Liquid staking adds flexibility to the agreement by allowing you to mobilize your assets in other trading or investment scenarios. |
| 2. | It's the best of both worlds — you'll get income from your assets as well as profits from new businesses you discover. |
| 3. | This is achieved by tokenizing stakes to create collateral that can be channeled into these new ventures. |
A synthetic Trusted Node token, pegged to the value of an asset, is created to provide users with liquidity that can be distributed to Automated Market Making (AMM) liquidity pools. Because users helped to secure the networks with Trusted Node, they have access to liquidity pools, allowing them to generate additional income while keeping their capital safe and sound. Think of this access to liquidity pools as a reward for helping to secure the blockchain.
$TNODE tokens
Users, holding $TNODE tokens, can increase the validator staking reward. This is done by sending a transaction to the contract to lock the $TNODE tokens in storage for a user-defined time. Any user who stakes $TNODE will receive a pro rata share of the daily vault rewards. $TNODE will be placed on exchanges so that it can be exchanged for other assets.
Users can vote on the launch of new validator nodes for networks that they think will be beneficial to the platform, as well as how resources are allocated for proof-of-stake networks. $TNODE will also provide voting rights to optimize the management of these PoS networks within the Trusted Node platform.