Show coin info
Ardor ARDR
70
Price BTC
0.000013594
ETH
0.000447044
USD
0.074232531
1h
0.33%
24h
-8.46%
7d
-7.86%
24h volume, BTC
163
USD
893K

Ardor ARDR: Forging Rewards End

10
Reliable source
Event added 3/27/2019 3:09:46 PM
Brand
June 27, 2019 Quote Source
0
D
0
H
0
M
0
S

After running a forging reward program for a short time and studying the results, Jelurida is ready for a more long-term program.

Goals

• Increase forging participation in Ardor and Nxt.
• Convince users to forge and not keep their tokens on exchanges.
• Increase the number of online nodes.

Reward system

• A contract will run every 10 blocks. It will randomly select one of the last 10 blocks and reward the block generator with 20 IGNIS (minus a small transaction fee).
• Two separate contracts are deployed: one for Ardor and one for Nxt.
• In total, around 5760 IGNIS will be distributed every 24 hours, or around 170K Ignis per month. In the current market, this is worth €2200 / month in total rewards.
• The program will run for 3 months, then its effectiveness will be re-evaluated.

To participate in the program

• Setup a full Ardor and/or Nxt node and start forging.
• If you forge on Ardor, login with your forging account, navigate to the Ignis child chain, and set the account property "ForgingReward" (without quotes) to apply for the Ignis bonus. Set the property recipient to the same account. The property value does not matter (it is ignored by the contract). More information about how to set the account property: https://ardordocs.jelurida.com/Account_Properties
• If you forge on Nxt, set the ForgingReward account property on the Nxt blockchain. The rewards for forging on Nxt blockchain will also be paid in IGNIS. To access your IGNIS tokens, log in with the same account on the Ardor blockchain (Ignis child chain).
• In addition, to reward people running nodes and forging on Nxt blockchain, Jelurida will put a buy offer on the Nxt Currency Exchange for 150 000 NSC at a rate of 1 NXT per NSC. NSC is a Monetary System currency on the Nxt blockchain created in the past by community members to award those running nodes/forging and NSC rewards are still distributed periodically to NXT holders.

Monitor the reward program

Watch account @RewardGenerator ARDOR-FGET-YXM3-USHQ-2SPC9 as it distributes the rewards.For all questions, or if you need help, ask us on the helpdesk channel on our slack https://ardornxt.community/ or open a support ticket at https://desk.zoho.eu/portal/jelurida/home

3/27/2019 2:24:30 PM
Reminder: In addition to #Nxt forging reward program, #Jelurida is buying back NSC coins (distributed to hallmarked nodes) at rate 1 $NXT per NSC! If you have NSC now is your chance to exchange it to NXT www.jelurida.com twitter.com
Y
Added by
Yan
Past Ardor events Exchanges
10
27 days ago
10

2nd Quarter Updates

Until June 30, 2019
26 days ago
10
26 days ago
8

3rd Quarter Updates

Until September 30, 2019
26 days ago
10

4th Quarter Releases

Until December 31, 2019
26 days ago
15
1 month ago
13
3 months ago
20

Hard Fork

January 9, 2019
3 months ago
3

AMA on Slack

November 14, 2018
AMA
5 months ago
7

Ardor Online Hackaton

Oct 22 to Dec 6, 2018
6 months ago
6
9 months ago
7

Listing on OKEx #6

June 26, 2018
10 months ago
8
11 months ago
7
11 months ago
5
1 year ago
5

Hard Fork

December 28, 2017
1 year ago
4
1 year ago
© 2018 Coindar