Earn rewards and help secure the network by becoming a SORA validator, or stake your XOR as a nominator
VALidator nodes are responsible for SORA network block production. To help ensure network security for all your favorite applications, such as Polkaswap, community support to run validator nodes is requiered by SORA.
Hosting a validator node is fairly straightforward — but it does have technical requirements as well as a risk-reward profile that should be carefully considered.
Here's what you'll need to get started:
Machine
Follow your operating system's installation guide
CPU - Intel(R) Core(TM) i7-7700K CPU @ 4.20GHz or better
80-160 gigabytes will be okay for the first six months, following re-evaluation every six months
If the competition is high and there are more than the maximum number of possible active validators, then those validators with the most XOR will most likely participate in actual validation. In this case, the de facto minimum stake for an active validator will increase automatically
Sequential Phragmen is used to elect validators based on their stake and nominators. New validators selected to join the active round using this method. Find out more in the Polkadot Wiki
are distributed as VAL tokens
happens with every transaction on the SORA network, the total suppy of 100 million VAL is constantly decreasing
according to the SORA reward rules , a percentage of tokens burnt is distributed to validators and their nominators
structures can group together between VAL token holders and vote to allocate liquidity on Polkaswap. The liquidity they allocate comes from half the margin in the SORA token bonding curve
Unstoppable
Nope. Even when meeting all of the technical requirements, not all those who register on the network to become validators will necessarily make blocks. If the competition is high and there are more than the maximum number of possible active validators, then those with the most XOR will likely participate in actual validation.
Why not incentivize validators with XOR? — Validators have to lock up XOR to stake. Rewarding Validators in a different asset helps to reduce risk due to asset correlation.
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