Validators and Delegators

Validators andDelegators

Staking is the process of holding digital assets in a crypto wallet to support the operations of a blockchain network. In return, holders are rewarded for their contributions.

Earn StakingRewards

The staking structures on Ultron are highly dynamic and lucrative. Ultron users can stake their ULX at will with a validator node and receive an APY of 5%. Users may also choose to lock up their coins for a period of 2 weeks up to 365 days for a proportional reward rate up to 13% APY.

Your estimatedrewards

You stake1 ULX

min.stake:

max.stake:

5%0.05 ULX

6.3%0.06 ULX

7.6%0.08 ULX

9%0.09 ULX

10.3%0.10 ULX

11.6%0.12 ULX

13%0.13 ULX

14 days

2 months

4 months

6 months

8 months

10 months

12 months

Stake on Ultron

There are several benefits to staking on Ultron: users can receive staking rewards on staked ULX coins, assist in the protection of the Ultron network, and it enables decentralization of the network.

Deposit Your ULX

Transfer and deposit your ULX to your Ultron Wallet. On the main page of your Ultron wallet, click the "receive" button as displayed to deposit your ULX. You can then use the copy button to copy the address or the QR button to scan the wallet address.

Earn rewards

Ultron offers a truly dynamic and hugely profitable staking structure. Users can stake their ULX at any time by choosing a validator node for a staking reward of 5% annual percentage yield (APY). Users can agree to locking in their stake for a minimum time of two weeks, up to one year, in order to secure significantly greater rewards-up to 13% APY.

Low fees

Fees are levied on the Ultron network for transactions, smart contract deployment, and network creation. These fees are extremely low, but sufficient to make it extremely expensive for a malicious actor to carry out an attack or fill the ledger with useless information.

FOR VALIDATOR

Run a Validator Node

Validator nodes are vital to Ultron network's operation. Validators run a full node and participate in consensus to enhance security and create new blocks. For Validators to run a node, Ultron requires:

Minimum requirement:

1,000,000 ULX

Maximum validator size:

10x the self-stake amount

Staking rewards:

Earn staking rewards and a 15% fee on delegators rewards

Minimum hardware requirements:

AWS EC2 m5.xlarge with 4 vCPUs (3.1 GHz) and at least 2 TB of Amazon EBS General Purpose SSD (gp2) storage (or equivalent).

More powerful configuration is recommended.

OS: Ubuntu Server 20.04 LTS (64-bit) or similar.

Frequentlyaskedquestions

What is staking?

What are network fees?

What is Staking Hub NFT?

The Staking Hub NFT is an innovative digital asset management instrument developed by the Ultron Foundation that enables users to acquire the ownership of a staking node that delivers APR returns in ULX coins daily. There will be eight tiers of Staking Hub NFTs with different characteristics to fulfil the needs of multiple users. The coins generated through these Hubs will be locked for a period and gradually unlocked yearly to enable users to exchange the coins on a secondary market while guaranteeing enough liquidity to the complete ecosystem.

What is Ultron coin (ULX)?

Ultron Coin (ULX) is the native utility coin of Ultron Blockchain, used for securing the network through staking, to track and support the system of network fees, and to fuel the ecosystem of native dApps.

Besides being the native coin of the Ultron blockchain, ULX will be the supportive native token of the dApps developed by the Ultron Foundation. Accordingly, the growth of the token will be driven both by the adoption of the blockchain and by the growth of native dApps.

Securing the Network?

The most important utility of the ULX token is securing the network via the Proof-of-Stake system. Stakers can participate by setting up a validator node or delegating their stake to a validator and then locking their coins for a specified amount of time. Stakers earn rewards proportionally, according to the number of coins delegated and the duration of the lock-up, depending on the validator’s uptime and stability.

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