Run a Validator Node XEP

Holders of XEP coins can run a validator node. Validator nodes will speed up the validation of transactions by providing instant finality. This functionality is planned to be released during 2022 according to the roadmap. Sign up to the Electra Protocol newsletter in order to get notified when they will launch.

There are three ways how Electra Protocol investors can earn with their holdings, independent of just selling tokens on an exchange. 1) You can use your XEP coins and stake them in return for 3% XEP APY. 2) You can provide WXEP tokens and join a liquidity pool on the Binance Smart Chain for a dynamic return between 5% and 25% APY. 3) You can run a XEP validator node (upcoming during 2022).

XEP validator node - VN - XEP master node - Electra Protocol masternode - Electra Protocol VN

Node Requirements

Not all requirements for running a validator node on Electra Protocol have been decided yet. Basic requirements are a fast computer having a static (and preferably fast) Internet connection. The node operator also has to have a technical understanding on how to manage servers.

However, it is not clear how many XEP coins you need for running a node. In the August 2021 AMA it was stated that rewards may be in the range between 5% to 7%.

Electra Protocol