Stake and Earn

The easiest way to get involved in the ICN ecosystem and network economy is by contributing stake to the network.

Users can stake ICN Link or ICNT to various parts of the system and earn rewards for their contributions. Crucially, these stakes are used to secure the individual nodes of the system that deliver resources and services to the wider network.

There are two main parts of the system where users can stake and earn:

• HyperNode Network: Secures the ICN Protocol

• ScalerNode Network: Decentralization hardware resource nodes

Stake ICNL to a HyperNode

By staking to a HyperNode you will earn rewards based on the verification work done by them. As long as the HyperNode you staked to does valid work in checking and publishing reports about the network performance, you will earn rewards continuously while its misbehaviour and missed jobs will lead to slashing your staked ICN Link. When staking ICN Links, you can only stake up to 100 ICN Links at a time due to block gas limits. If you want to stake more than 100 Links you will have to submit multiple transactions. Each time you stake multiple Links, they will be bundled together and be managed together until they are unstaked.

Stake ICNL or ICNT to a ScalerNode

By staking to the ScalerNodes you will earn rewards for helping to collateralize and secure the functioning of the hardware network. As ScalerNodes earn rewards for providing their capabilities and resources to the ICN protocol, stakers can earn a portion of these rewards for supplying liquidity to the collateral that backs each node.

Additionally as ScalerNodes are allocated for use by builders that book them, these nodes are paid extra rewards for real utilization of their hardware in the network. Stakers also will earn a portion of these rewards as their stake contributes to maintaining the ability for ScalerNodes to deliver service. ScalerNodes that go offline or fall below performance thresholds for too long will cause the HP-staked ICNT associated with that node to be slashed.

Both ICNL and ICNT can be staked to ScalerNodes, and each perform differently in their rewards.

Read more about the economics of staking to ScalerNodes here.