XAG Business Node and Community Node Program
Join the XAG Node Program and Divide 10 billion XAG
About XAG Node Program
The Xrpalike Gene Foundation plans to reward 50% of the total token held by the Foundation to the XAG eco-builders in an average of 10 years. From October 1, 2019, qualified community builders can apply to become XAG business nodes and community nodes. The Foundation will publicize the successful business nodes and community nodes.
The first application period: From now on to December 31, 2019
The first voting period: From October 1 to December 31, 2019, each quarter is one voting period.
Candidate Node Award
The foundation is responsible for a total of 10 billion for awarding qualified business nodes and community nodes. One billion one year, with a total incentive to release in 10 years.
Among them, 500 million are distributed equally according to the total number of qualified business nodes; the other 500 million are distributed weighted to qualified community nodes.
How to become business nodes?
1. The applicant of the foundation is the offline wallet owner of XAG (or XRP). Maintain 5 million or more XAG when applying for offline wallet address.
2. The average daily quantity of wallets in the current quarter must be maintained at 5 million or more XAG.
3. The total number of awarded business nodes is limited to 200 in chronological order. Those who fail in the current quarter will be eliminated automatically and those who are qualified for new applications will be filled automatically.
How to become a community node?
1.Obtained business node qualification in the current quarter
2.Apply to the Foundation
3.Vote by automatic procedure, and the top 100 candidates are eligible for awards according to the total number of votes obtained
a. The Foundation accepts offline wallet owners who apply for XAG (ie XRP). Maintain 5 million or more XAG when applying for offline wallet address.
b. The wallet must maintain an annual average of 5 million and above XAG in the assessment of the current season.
c. The total number of award-winning business nodes in chronological order is limited to 200, and those who fail in the current season are automatically eliminated, and the new applicants are automatically filled.
a. Get business node qualifications in the season.
b. Apply to the Foundation.
c. Produced by automatic program voting, the top 100 ranked by the total number of votes obtained is eligible for the award.
1. When the program automatically counts votes, the new user takes the off-line wallet address as voting voucher, and transfers at least 30 XAG to the wallet of the business node (which defines the contributor affiliation), then the wallet address becomes a valid voting address, and its contribution value for the business node is fixed at 30 votes; there are only 30 valid votes for each address in the lifetime. That is, the program will only confirm that each offline wallet address transfers equal to or more than 30 XAG as valid votes. More than 30 XAG are counted as 30 votes, but fewer than 30 XAG are invalid votes. Invalid voting does not affect the right to continue voting at that address.
2. The number of wallet holders for applying for community nodes shall be calculated at the average daily amount of token, one token as one vote.
3. The total number of valid votes in the current quarter: the sum of total number of votes held by the wallet applying for community node and the total number of valid votes affiliated to it.
a.The foundation is responsible for a total of 10 billion for awarding qualified business nodes and community nodes. One billion one year, with a total incentive to release in 10 years.
b. Among them, 500 million are distributed equally according to the total number of qualified business nodes; the other 500 million are distributed weighted to qualified community nodes.
The counting period is based on the natural quarter, and the last day of the last month of each quarter is the time to publish the qualified node. The next day is the bonus distribution start time, and the random object is distributed at the weekly irregular time. Each qualified node is weekly. Awards once, the distribution period is one quarter.
The above rules are fair and transparent, and are automatically distributed by the automatic verification of the setting procedures. The estimated start-up time is 0:00 on October 1, 2019, US Pacific Time. Before starting, the email address of the receiving node application will be announced. In order to avoid price fluctuations, the Foundation announces the election rules in advance and hopes that the participants will have the right timing. After the participants start the campaign process, they can check the rewards through the block browser.
Send an email to supernode2019@gmail.com, the email format is node address + node name. If the node is confirmed to maintain more than 5 million XAG, which is deemed as successful registration.
1、Community nodes applicant need to send 100 XAG to specified address（ rK2rPdoek1mkvHUaYutS5Eo8RrirWpwJUm）with the mobile wallet( click here to download )，and annotate the message as the node name when sending.(Operations as shown)
2、Send mail to supernode2019@gmail.com, the email format is "node name + apply community node"
If you want to support ‘’, please send 30 XAG to
Each address can vote once for 30 votes, if you send more than 30 XAG, it will count as 30,
but if you send less than 30 XAG, it is considered invalid vote. Invalid voting does not affect the right to change the address to continue voting.
