What is LTO node?
Node — is one of the most important element in the LTO Network. It confirms transactions and creates new blocks and finally node is getting paid for it. Blockchain is forcing node to stake a lot of LTO tokens in order to prevent illegal or fake activity. These tokens could be freeze on the internal wallet of the node or could be taken in leasing.
What is leasing?
Leasing is staking your LTO tokens on someone else’s node, without token transferring. Node’s owner doesn’t have any possibility to spend or dispose your leasing. You have right to cancel leasing wherever you want it order to withdraw tokens to exchange or lease to another node.
Every token holder can open leasing and get additional residual income on the fly.
How to start?
You may open your own node OR lease your LTO tokens to our node Zavodil. We are accepting any leases from everybody. We offer automatic payouts after you reach minimum payout amount. Fee of Zavodil node is only 1%. Node’s wallet address is 3JhyQWe7BC7impmVu6YtctdaFuR1EK6vVne (details about leasing process).
Who are the owner of node?
Zavodil node is working with the support of LTO ambassadors with huge media impact: @CryptosherlockClub, @CryptoLamer, @Gagarin_ICO, @Zavodil. Node is hosted on a stipendiary reliable cloud web server.
Our benefits
The smallest node’s fee, only 1%.
Shares from all prizes and interests.
3Automatic payout system.
4No minimum leasing amount.
5Full transparency and reliability.
Join to leaders!
0 LTO
Just lease it!
FAQ
Unfortunately we can’t answer this question with exact numbers. Income is calculating according quantity of transactions in the blockchain and depends om nodes staking amount and other node’s stakes. You may increase amount of your LTO tokens and they can became more expensive in case of successful network growth. Usecases of LTO are described on their website.
New lease begins to be calculating in generating amount of node is 1000 blocks after the lease transaction, and usually it spends around 15 hours. To simplify our procedure we are assuming new leases as active on the next day after lease creation.
In the beginning of every day we calculate personal quota for every leaser depends on proportion of his stake and total node’s stake. Then we share previous day’s profit to every leaser according his quota. As soon as leaser will gain minimal withdrawal amount (100 LTO), he will receive automatic payout. Transaction fee of 1 LTO is applying from leaser’s balance. Minimal withdrawal amount could be set up personally.
Not at all, lease can be cancelled at any time.
Game of Nodes Interests
LTO Network is performing a promo Game of Nodes with total prize fund oа 100 000+ LTO and additional prizes. We would like to participate and win! If we will get any reward we will split 90% of it to all our leasers proportionally. 10% will be split between all node promoters.
Final prizes:
- 1st place: 50 000 LTO
- 2nd place: 35 000 LTO
- 3rd place: 25 000 LTO
- 4th place: 15 000 LTO
