Elysium is a high-performance newly constructed blockchain by Vulcan Cast. The principle function of constructing this extremely anticipated blockchain is to offer options for NFTs and blockchain gaming initiatives.
In line with Elysium, the blockchain isn’t solely 100% carbon impartial, however they’re planting bushes as nicely to assist form the surroundings for future generations. The blockchain can work with Solidity Sensible Contracts and can also be EVM Appropriate.
Elysium Node Program
At the moment, Elysium has shared details about solely three node sorts accessible on the Elysium blockchain. The corporate shared in an article that they’ll launch details about the fourth node as soon as the variety of transactions will increase.
- Cronus Node
Protected and validated by a community of 51 Authority nodes, Elysium intends to protect the blockchain by utilizing Proof of Authority (POA).
Elysium blockchain makes use of a blockchain validator that’s used to validate the blocks in order that the blocks can then be added to the everlasting ledger of the blockchain. (As soon as a transaction is made, it’ll be saved on the blockchain).
Whoever owns the nodes on the blockchain will probably be a recognized entity. For instance, a node proprietor generally is a recreation developer, contributor, participant, Vulcan Thinker, or extra.
To be purposeful, the Elysium authority nodes require particular software program and a bodily server to run. Elysium plans to host the nodes at totally different strategic areas everywhere in the world. The nodes will probably be saved at carbon-neutral servers solely.
Along with that, the authority nodes will obtain a small share of the transaction that’s made on the Elysium blockchain.
One other approach for the authority nodes to generate earnings is by receiving royalties from Elysium. (Extra about this will probably be shared layer by Elysium).
- Demeter Nodes
Demeter Nodes are primarily based on the thought of harvesting and performing agricultural actions. The gamers will personal Land to reap and develop grains. The supply of earnings for the Demeter Nodes will probably be by receiving a small quantity of $LAVA fuel payment every time a transaction is made on the Elysium Blockchain.
Nevertheless, you’ll solely be eligible for receiving the fuel payment in case your land is on Stage 4 and/or up.
Right here’s the whole listing of how a lot you may make primarily based in your land degree.
Stage 4: 10% of the Demeter Charge
Stage 5: 18% of the Demeter Charge
Stage 6: 28% of the Demeter Charge
Stage 7: 44% of the Demeter Charge
- Hades Nodes
Often called the “Giver of Wealth” and “the Rich One”, the Hades node will help you stake each the currencies of the Elysium Blockchain.
While you stake $PYR, you obtain $LAVA as a reward, Primarily based on the locking interval and quantity, your reward can enhance.
The Hades Nodes will probably be divided into 5 tiers. The primary tier node begins at locking 2000 Locked $PYR Tokens.
Apart from that, all of the Hades Nodes on the Elysium blockchain will routinely take part within the GOD Pool and NFT Pool.
The GOD Pool
Merely, you may make extra staking earnings when you maintain one of many GOD NFTs. This makes the Vulcan Gods NFTs a useful asset to personal.
Cronus or Zeus holders will get round 15% staking reward whereas GOD holders will get 5% of the staking reward for the bottom era quantity.
Elysium NFT Pool
The Vulcanites and OG Badge Holders have the chance to spice up their staking reward by collaborating within the NFT Pool. They will obtain $LAVA primarily based on the asset they personal.
In the event that they personal a Vulcanite, they may obtain a 1% additional staking reward for every of the Vulcanites. In case of proudly owning an OG Badge, they may obtain 2.5% of the entire staking reward,
