THOR NODES REWARD REDUCTION? UPDATES TO “Nodes” Investment Model #1

Limitless Insights
3 min readJan 28, 2022

Disclaimer: All information is for educational purposes only and are not intended to constitute legal, tax, accounting or investment advice. I am not a professional financial advisor, attorney or account, nor am I holding myself out to be. All financial opinions expressed are from personal research and experience. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice.

Shocking Announcement

Due to exponential growth, the overall node count has 2x in a week and price action has been incredible.

This unforeseen exponential growth comes with a new set of bumps for the protocol.

Primarily, the daily reward emissions. At the current rate of growth, it is easy to hit a point of no return in terms of long term sustainability. The daily number of tokens generated will quickly exceed the buying demand and any revenue generated from the treasury investments would be rendered ineffective. In order to achieve long term success and scale the protocol with positive growth , we are introducing a new node reward model.

After a day of anger and outrage, the development team has further updated rewards based on the community feedback to be fairer to the Heimdall and Freya Node holders. Updated rewards will now also take place in a staggered manner to allow investors to recover more of their ROI before the reduction happens.

Reduction in Rewards

To promote protocol sustainability, we are reducing node daily reward rates. The reward rates will remain competitive against the other protocols in the market.

Daily Reward Decreased

  • HEIMDALL —From 0.02125 to 0.008 THOR/DAY
  • FREYA —From 0.1212 to 0.05 THOR/DAY
  • THOR — From 0.33125 to 0.144 THOR/DAY
  • ODIN — From 2.7335 to 1.02 THOR/DAY

Daily ROI Decreased

  • HEIMDALL —From 1.7% to 0.64%
  • FREYA —From 1.9392% to 0.8%
  • THOR — From 0.0265% to 1.15%
  • ODIN —From 3.49888% to 1.3%

Node Cost Unchanged

Node cost will remains the same.

  • HEIMDALL — 1.25 THOR
  • FREYA — 6.25 THOR
  • THOR — 12.50 THOR
  • ODIN — 78.125 THOR

Lowered Claim Tax

We are lowering the claim tax across the board and making them static. We will be discontinuing the ROT tax model AND removing reward decay.

  • HEIMDALL — From 10% to 1%
  • FREYA — From 15 % to 5%
  • THOR — From 20% to 8%
  • ODIN — From 25% to 10%

Monthly Maintenance Fees

A monthly node maintenance fee paid in AVAX will be implemented. This fee will scale with the price of AVAX. If AVAX price increases, monthly fees will also decrease for example. This introduces a new steady revenue stream that grows the treasury with zero effect on price action.

  • HEIMDALL — $5/month
  • FREYA — $10/month
  • THOR — $15/month
  • ODIN — $80/month

When changes take effect?

The new reward model will come into effect in staggered manner.

  • HEIMDALL — 1st March UTC
  • FREYA — 24th February UTC
  • THOR — 14th February UTC
  • ODIN — 8th February UTC

Early Adopter NFT

Users who’ve created nodes prior to the changes, will receive a special one off “OG” NFT for bragging rights.

A Promise by the dev team to never reduce rewards again.

Once again, Thank you for reading so far! :) I want to be as fair as I can to all the readers and followers who learnt of these projects through me, so this is the latest update regarding the 6,100% APY $623/DAY | PASSIVE INCOME NODE STRATEGY #1

Follow me & Clap to get the early access to more projects such as these.

Join STABLEONE today! and Start earning 7%/day!

If you join using my direct referral here, I’ll send you 3% of your initial investment, allowing you to accumulate 10% ROI by the first day!

How it works is that when you decide to invest in the project and use my direct referral link, I am sent 5% of your initial investment. Hence I’ll return you 3% of your investment as an additional bonus to give back to my readers. This is why it only applies to the initial deposit.

Once you have joined, message me directly on Twitter or join my Telegram Community with your wallet address and the transaction hash, and I will send you 3% of your initial investment after verification.

--

--

Limitless Insights

Software Engineer by Day, Crypto Investor, Trader & Enthusiast by Night | 3x Top Writer in Investing, Technology, Cryptocurrency