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What is a "Node Token"
A "node token" is a token that people who create "nodes" put their tokens into forever. In return, they receive a regular income from virtual (DaaS, DeFi-as-a-service) or real nodes (NaaS, Node-as-a-Service).
The APR is usually between 1% and 4% per day, The objective of this initiative is to provide passive income to its owners through a variety of strategies (mostly group staking and farming, but not limited) in order to keep the emission rate consistent.
This enables investors to access a wide range of protocols without even thinking about it. There are no network costs, switching, bridging, staking, or bonding involved.
Last modified 1yr ago