To answer your Question from Twitter. Right now, it takes a "Governance Threshold (minimum required to be locked to contribute as a node) 99,572.569 LARYNX" if your Node is in consensus (like 34 are) but does have less than that amount as stakes LARYNX (without delegation) it will not be a runner.
The reason is the following. If the Nodes would create a situation in which funds from the DEX are getting stolen - their collateral would be used to reimburse the victim. Therefore the sum of the required collateral has to be high enough to facilitate all the DEX operations, which creates a low limit, a minimum that is required by the node to have a stake. Since Delegations can't be collateralized, it has to be a pure stake. A node can be consensus with 1.000.000 LARINY as delegation, be in consensus while not "having a runner" due to the lack of own stake. That leads to reduced SPK rewards and no cut off of the transaction fees from the DEX.
What exactly happens when Larynx stakes? 🤔
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You earn SPK Tokens on the Speak Claim Chain, which is a Sidechain of Hive, a Layer 2 Solution.
Wow, that's a lot... I have only a Fraction compared to that!
!PIZZA
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I need it, my node would else not be providing a runner for the network!
I gifted $PIZZA slices here:
@ahmadmangazap(4/15) tipped @manniman (x1)
Learn more at https://hive.pizza!
@chrisrice yes sure.
To answer your Question from Twitter. Right now, it takes a "Governance Threshold (minimum required to be locked to contribute as a node) 99,572.569 LARYNX" if your Node is in consensus (like 34 are) but does have less than that amount as stakes LARYNX (without delegation) it will not be a runner.
The reason is the following. If the Nodes would create a situation in which funds from the DEX are getting stolen - their collateral would be used to reimburse the victim. Therefore the sum of the required collateral has to be high enough to facilitate all the DEX operations, which creates a low limit, a minimum that is required by the node to have a stake. Since Delegations can't be collateralized, it has to be a pure stake. A node can be consensus with 1.000.000 LARINY as delegation, be in consensus while not "having a runner" due to the lack of own stake. That leads to reduced SPK rewards and no cut off of the transaction fees from the DEX.
does delegation do something?
To the consensus yeas, not really for the runner
Keep up the good work. 👏
You are loved. 🤗 + u deserve the best. 💪
Curated by Mystic artist Gudasol
Interested to to help me spread more positivity (musically) on Hive?.