6.3. Node sale policy
Node Sale Information
6.3.1. Sales Policy for general node
Nodes can be purchased through the LQD node wallet. After reserving a node in the node wallet, if you deposit Ethereum into the assigned Ethereum wallet, you will have ownership of the node. After that, you can also purchase it through LQD to acquire a node. The total number of nodes is not fixed, and only 40,000 big nodes are given priority in the first stage.
| Criteria | Serial Number | Payment |
|---|---|---|
Founder Node | ~ 9,000 | Only for the qualified master node |
General Node for sale | 9,001 ~ 40,000 | Nodes can be purchased with ETH, and can be paid with LQD in the future. Nodes will be converted to NFTs. |
6.3.2. Price Increase Policy
The price of node sales increases every 100 nodes sold, and the price increase for 100 units is applied by the following group unit.
| Serial Number | Serial Number | Price Increase |
|---|---|---|
1 | 9,000 | $50 |
9,001 | 12,000 | $75 |
12,001 | 20,000 | $100 |
20,001 | 30,000 | $150 |
30,001 | 35,000 | $200 |
35,001 | 37,500 | $400 |
37,501 | 38,700 | $800 |
38,701 | 40,000 | $1600 |
The unit selling price of nodes may be adjusted by DAO's decision.
When the node's distribution reaches a certain number, it reaches a decrement phase, which reduces the maximum mining amount per node by 50%. The number of maximum node sales for each period is as shown in the table above.
Through some sales channels, nodes can be sold by dividing them into 1/10 under the name of small nodes, and sales are carried out by applying a 10% premium to the original price.
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