EnviDa Protocol
  • 🌍About Envida Blockchain
    • Introduction
    • Overview
    • Why EnviDa?
    • How it works?
    • Understanding the EnviDa Blockchain
    • DeFi Essentials
    • The Joint Potential of Blockchain, IOT and AI
  • πŸš™What is DriveMiner?
    • Environmental Tracking Devices
    • The Cost of Mining
    • The Solution of Mining
    • POW Consensus
    • Technical Specs
    • Device Sales and ROI
  • πŸ’°$EDAT Tokenomics
    • Detailed EDAT Tokenomics
    • ICO and Token Listings
    • Token Unlock and Allocation
    • Game Theory
  • πŸ“ˆStaking and Rewards
    • Reward Distribution
    • DriveMining Rewards
    • Validator Rewards
      • Unstaking Penalty
    • Staking Pool Rewards
      • Discounts
    • Data Collection Rewards
      • Stream Payment - Sensors
        • Competition and Arrival
      • Stream Payment - Lidiar
        • Teamwork
      • Pool Bonus
      • Formulas
  • ROI
  • πŸ¦Έβ€β™‚οΈFor Users
    • EnviDa Wallet
    • Driver Experience
    • Data Marketplace
    • DeFi Essentials
    • External Wallets
  • ⛓️Blockchain Architecture
    • Trustless EVM
    • Bridges
    • Runtime Development
    • Cross-Chain Compatibility
    • EnviDa Dex Engine
    • Technical Architecture
    • Scalability
    • Indexer & Explorer
    • Application Security
    • Storage
    • IPLD
    • Governance
    • Liquidity
    • Concensus
    • Runtime Environment
  • πŸ“”API Recipes
    • Account
    • Asset
    • Bag
    • Bundle
    • Market
  • 🌐EnviDa Network Infrastructure
  • ☸️Nodes and Validators
  • 🧠AI & Simulations
  • 🀝Network Referral System
  • πŸ›£οΈRoadmap
  • πŸ“šResources
    • Website
    • Business Whitepaper
    • Github
    • Technical Whitepaper
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On this page
  • Tier Reward System
  • Formula
  • Example
  • Extra Formulas
  1. Staking and Rewards

Validator Rewards

PreviousDriveMining RewardsNextUnstaking Penalty

Last updated 2 years ago

Description

Data Collection needs to be validated and revised before being submitted. Validators maintain the blockchain's integrity by constantly computing the linkage from the first block to the last. In the EnviDa Ecosystem, Validators need to lock up their assets and participate in the network's validations. In exchange, they'll receive token rewards for their engagement.

Token Unlock

Yearly Token Unlock: 1,050,000 EDAT

Considerations

The Reward System for Validators is composed of 4 tiers. The staking amount and Lock-Up Term Selection will determine the outcome of the rewards.

Tier Reward System

Tier
Lock-Up Term (months)
APY (%)

1

12

7.5%

2

18

9%

3

24

11%

4

36

13%

The number of tokens being staked can by applied to any Lock-Up Term.

Formula

Example

Staking amount: 20,000

Extra Formulas

πŸ“ˆ