Earn BXR through the Bitxor Rewards System
Block mining grants incentives each time bitxornauts, whether miners or stakers, process transactions made with the BXR cryptocurrency.
This distribution of reward percentages is designed to stimulate the integration of an increasing number of users, so as to constantly increase the capitalization of the Bitxor CosmoSystem.
The value of Bitxor Blocks will be distributed in a standard manner among the participants executing and signing the Block.
Each Block may increase in value, based on the number of transaction fees executed within the Block at the time the Block is encountered by the Node.
Stake (Staking) is a reward system offered by Blockchain Bitxor to anyone who wishes to participate in POS (Proof of Stake) mining.
In order to do staking, a wallet must have a minimum balance of 1,000 BXR (required by the core), plus 10 BXR (recommended) for the payment of transaction fees. This is because if the balance falls below 1000 BXR, the system invalidates that wallet for staking.
Wallets will be able to link to any node within the CosmoSystem and receive rewards for the energy provided.
The time elapsed to receive the reward of a block will depend on the importance given by the network to the BXR kept in staking, versus the amount of coins in circulation.
Nodes acquire a share of the reward when finding a block within the Bitxor Blockchain, using its mining resources, strengthening its core with each Stake linked to its node.
Nodes are the gateway for DEFI and CEFI structures that any bitxornaut wishes to develop, since the core is under a permissive license (LGPL).
This 8% reward is stored in a public wallet within the Bitxor Blockchain, which will be distributed among the Validator Nodes (Super Nodes) every certain time or certain amount of blocks, as part of their work of validating transactions.
Each Validator Node must maintain a minimum of 1,000,000 BXR.