We are thrilled to introduce the Node Operator Support Program by the SubQuery Network. Our goal is to assist in covering infrastructure costs and guaranteeing the stability of our network.
Through this program, we aim to provide valuable support to our active Node Operators, enabling them to maintain optimal performance and reliability within our ecosystem.
How It Works
The SubQuery Network’s Node Operator Support Program is funded from a pool of SQT tokens with a total value of US $20,000 and operates as follows:
Qualified active Node Operators will be granted SQT tokens, which will vest over a period of 3 months. The size of the grant will be determined based on the following criteria:
- Node Operator Tenure: Reflecting the duration of their involvement in the network.
- Delegated Stake Size: Averaged over the previous 10 Eras, indicating their popularity among delegators. Self-stake will receive a 2x weighting.
- Projects Supported: Averaged over the past 10 Eras. RPCs will receive a 2x weighting.
How to Claim the Grant
Please go to this portal and login with your Node Operator wallet address to claim your SQT token: https://airdrop.subquery.foundation/ (The claiming process will start within 3 weeks after this announcement)
Eligibility: All active Node Operators (as of era 52)
Period of Eras taken in the calculations: From era 43 to era 52 (Total 10 eras)
Vesting period of the grant: 3 months
Result: Node Operator Support Program
Terms & Conditions
- Node Operators will forfeit any remaining tokens if they cease to operate as a Node Operator during the vesting period.
- The Node Operator Support Program is initiated and managed by the SubQuery Network. All rights and decisions regarding the program are reserved by the SubQuery Network.
- Participation in the program is subject to meeting the eligibility criteria set forth by the SubQuery Network.
- Node Operators must comply with the rules and guidelines of the SubQuery Network throughout the program duration.
- The grant of SQT tokens is at the sole discretion of the SubQuery Network and is based on the predetermined criteria outlined in the program details.
- Node Operators must maintain active participation in the network and fulfill their responsibilities as outlined by the SubQuery Network to remain eligible for the grant.
- Any attempt to manipulate or exploit the program will result in immediate disqualification and potential legal action.
- The SubQuery Network reserves the right to modify, suspend, or terminate the program at any time without prior notice.
