Eurus Node Reserve

Eurus reserved 66.67% 400M EUN of total issued token for staking node earning. All node representatives with voting right to decide on changing our protocol which ensure Eurus network ‘s economic activities and long-term achievement.

There are total 21 nodes. Included 12 Master node which held by authorized organization. All qualified organization required to follow master node rules and sustaining contributing on Eurus network’ economic activities.

9 validator nodes will open to the Wallet users (Eurian). The node representative will be verified by PPoC.

Eurus Node Reserve

Eurus reserved 66.67% 400M EUN of total issued token for staking node earning. All node representatives with voting right to decide on changing our protocol which ensure Eurus network ‘s economic activities and long-term achievement.

There are total 21 nodes. Included 12 Master node. 11 master node held by authorized organization. All qualified organization required to follow master node rules and sustaining contributing on Eurus network’ economic activities. 1 Master node held by founder team.

9 validator nodes will open to the Wallet users (Eurian). The node representative will be verified by PPoC.

PPoC

Published Proof of Contribution (PPoC) mechanisms, which is based on the concept of the well-known Delegated Proof of Contribution (DPoC). DPoC is a decentralized and democratized incentive and governance protocol whereby token holders exercise their right to governance through delegating their stake to those that contribute directly to network growth. By doing that, token holder elect proven contributors to receive rewards from the network, meanwhile reaping rewards themselves by contributing through stake delegation.

Different from DPoC, PPoC is operating according to every single participants ‘ contribution to Eurus economic network to get the decentralized and democratized incentive and governance protocol right. There is absence of any elect prove so as to avoid any lower election rate condition. Eurus provide a fair and transparent economic ecosystem through this protocol.

All Eurian are allowed to verified the stake qualification of each other by Eurus explorer.Once Eurian have contributed a gas fee higher than the average median value, they will be qualified to be the node representative.

Public Node will be opened for another EUN holder to stake after the node representative occupied. 

Public Node Representative

All public nodes only have one representative. The representative required the PPoC qualification and stake not less than 0.5M EUN to node stake smart contract. 

The representative able to set the node tips from the Eurian within the same node.

All EUN holder allow to stake not less than 5K EUN on any public node which already with node representative.

Automatic Mining Consensus Mechanism

Different with PoS, PoA will be mining the block by average two seconds automatically. Each block will be release 3 EUN from the node reserve as reward to all nodes evenly. It help to provide a steady rewarding rate for all stakers. On the other hand, all nodes also share the economic income in terms of gas fee.

  • Estimated the first 4 years will be released 189,000,000 EUN.
  • Release rate will be halving by block count.
  • Eurus DAO allow to vote on the schedule. 
Block count

Total  reserve released

(EUN)

Node no.

Each node reward

(Estimated on each 4 year)

63,000,000 189,000,000 21 9,000,000 ~
126,000,000 94,500,000 21 4,500,000 ~
189,000,000 47,250,000 21 2,250,000 ~
252,000,000 23,625,000 21 1,125,000 ~
315,000,000 11,812,500 21 562,500 ~
| | | |

Node Stake Capacity

Nodes Type Node Stake Node Capacity
Master nodes 3M 3M
Founder node 3M 3M
Public nodes 5,000-500,000 8M

Node Stake Capacity

 

Nodes Type No. of nodes Node Stake Stake period Additional Lock Authority requirement Mining period Node Capacity
Master nodes 11 3M 24 month / Eternity 2M – 4M Authorized institution 24 month / Eternity till run out reserve 3M
Founder node 1 3M Eternity N/A Eurus Eternity till run out reserve 3M
Public nodes 9 5,000-500,000 Stake period N/A Top PPoC (Eurian) stake 0.5M as node representative 4 weeks 8M

 

Reward Distribution Ratio

The released EUN to send to the Eurian according the node capacity and their stake ratio. The released EUN which have NOT been be reward will be sent to the node reserve pool.

Besides those quantity of EUN, start from the fifth year there with estimated 22M extra EUN will be stored at node reserve which for the community voting how to distribute to the network participants as sustain network growth. Then, the total released EUN from block will not excess 400M.

Example:

Public Node A: 

Representative stake Qty.: 0.5 M;

Eurian stake Qty.: 4.5M 

Total stake EUN: 5M

Node Tips: 1%

Stake period: 30 days; total reward from block generated for each node: 185,142.857 EUN

Node A total reward: 185,142.857 * 5M / 8M  = 115,714.285 EUN

Released EUN sent to reserve pool: 185,142.857 - 115,714.285 = 69,428.572 EUN

Total Tips: (115,714.285 - 115,714.285 * 0.5M / 5M) *1% = 1,041.428 EUN

Representative reward: 115,714.285 * 0.5M / 5M + 1041.428 = 12,612.856 EUN

Eurian reward or each EUN: (115,714.285 - 12,612.856) / 4.5M = 0.0229 EUN