Beldex Masternodes

BDX masternodes are nodes that help scale and secure the Beldex network. They possess validation rights within the network and are incentivized for their contributions

The minimum staking collateral is 10000 BDX to set up a self-hosted masternode or remote hosted cold staking on Nodehub. However, with shared masternode pools like MyCointainer and Evonodes, you can stake any amount.

Masternode collateral is locked for a minimum of 30 days, that is the time required to generate 21600 blocks.

Block rewards are shared by the masternodes in the network. Beldex follows a reward queue based on the first in first out mechanism to ensure that every masternode in the network is fairly rewarded. If your masternode was recently rewarded, then it will end up at the bottom of the reward queue and wait its turn for the next reward cycle.

BDX masternodes are a great way to participate in the Beldex network and earn passive rewards at the same time. Current MN block rewards are 2 BDX per block in the POW chain. The block rewards will be increased by 237.5% with the POS hardfork on Dec 10, 2021, at block height 742421.