Lattice Proposal for Node Reward Sharing
In light of Constellation Network’s expansion of the soft node program to smaller holders, Lattice Gateway will expand its fee-sharing model to include the soft node program, distributing rewards in $DAG tokens.
This is another step towards Lattice Gateway’s goal of creating a sustainable rewards structure from all existing and future products running on its platform for veLTX token holders.
An additional advantage for rewards paid in $DAG, as an L0 token, is that there is no transaction fee to claim them.
What this means for veLTX Holders
Lattice will offer a proposal to levy a 5% tax on all soft node rewards to be paid monthly to veLTX token holders. As with other rewards for veLTX holders, a percentage of the $DAG to be rewarded can also be added to the veLTX treasury.
veLTX holders can vote on this proposal through the Lattice governance platform. You can find out more about voting and the Lattice governance process here.
More about Soft Nodes
Constellation’s Soft Node Program provides holders with at least 250,000 $DAG the ability to stake and earn rewards similar to hardware validator nodes on the Hypergraph network.
Participants just need to hold 250,000 $DAG in their Stargazer wallet, connect their wallet to Lattice Gateway, and join the program.
Soft node program participants receive approximately 40% of the total rewards pool, with 60% being distributed to hardware validator node operators.
More about Fractional Soft Nodes
Constellation Network has just announced that $DAG token holders who have less than the 250,000 $DAG required to participate in the full soft node staking program may now stake their $DAG in any amount (minimum 100 $DAG) to participate in the fractional node program.
Fractional nodes will earn 50% of the full soft node rewards. The rewards will be distributed among fractional soft nodes based proportionally on their percentage holdings of the total amount of $DAG staked across all soft node holders.
More about the fractional node staking program can be found here.
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