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Validators round rules
1) The maximum number of participants in this specific round is 300.
2) In the validators’ round, each participant will be able to buy 100,000 EYWA at $0.09 per token.
3) The tokens of the validators’ round participants will have a vesting period: they will be locked for 16 months after the validators’ round. After 12 months, 50% of the tokens will be unlocked, and the remaining 50% will be unlocked gradually over the next 4 months.
4) Important: tokens of the validators’ round cannot be unlocked until the validator round conditions are met (see p. 5).
5) Participation in a validators’ round automatically confirms that participants agree to the following conditions:
  • Participants in the validators’ round must participate in the network testing phase. Validators’ round participants must run a node and maintain it during the network testing phase. The total operating time of a node participating in the testing phase must be at least 10 days during the testing period. The node's total operating time is recorded on-chain in a special Harmony One network smart contract.
  • Validators’ round participants must maintain a validator node in the mainnet phase. Validators’ round participants must run the node and maintain it during the mainnet phase. The total working time of a node participating in the mainnet phase must be at least 9 months from the start of the mainnet. The total working time of a node is recorded on-chain in a special Harmony One network smart contract.
6) For their work, validators will receive a reward of 10% per year of their stake in EYWA tokens
7) Each validator has the ability to attract delegators (third-party stakers) to their validator and set a commission, thereby increasing the profitability. The maximum amount of delegated tokens is 500% of the validator's own stake. Stakes and rewards will be managed through smart contracts on the Harmony One network, through the interfaces of the EYWA platform.
8) Minimum system requirements for a validator node:
  • OS: Ubuntu >=18;
  • Processor: Core >=2;
  • RAM: >= 4 GB;
  • Storage: SSD (NVMe SSD recommended) >=128 GB;
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