High Node Rewards Confirmed

Hashgard
2 min readAug 7, 2020

Yesterday, Hashgard new generation DeFi public chain has been officially launched. Hashgard public chain explorer and wallet are already open. GARD SWAP is also in progress.

Currently-

90% of the bonus GARD have been collected.

The last 100 million incentive GARD are still available.

GARDIANS who have not SWAP, take action now!

Node Rewards:

With the tutorial article about node staking process being published, many GARDIANS have staked GARD and get high profits now.

More than 50,000 blocks have been generated on Hashgard mainnet, with more than 1.1 billion GARD (equivalent to 11 billion ERC-20 GARD) staked to each node.

So what about the rewards?

Some community members figure out:

In the past 48 hours, he staked 10 million GARD and has obtained more than 50,000 GARD rewards. If the stake ratio remains the same in the next year, he can obtain 9.125 million GARD, with 91.25% annual profit rate.

Certainly, as the amount of staked GARD changes on each node, the rewards change accordingly. It is still undeniable that staking GARD to mainnet node is quite high-yield!

For example, Jack stakes 2.3 million GARD, and within 30 hours, he already obtained more than 7,100 GARD as rewards with nearly 90% annual profit rate.

Of course, as the number of staked GARD changes, the rewards will also change.

For instance, on 6th August, the total number of staked GARD was 500 million, with 3456000 GARD generated. If Terry stakes 100 million GARD, his daily rewards are about 690,000 GARD (the data is not completely precise, the rewards are also related to block generation). On 7th August, the number of staked GARD increased to 1 billion, and Terry still stakes 100 million GARD, the rewards on this day was only 350,000 GARD.

All GARDIANS go to stake to node and gain high rewards!

Attention:

1. We need to spend GARD as gas fees when we withdraw rewards, transfer or redelegate. Therefore, when staking, you must set aside a part of GARD to cover gas fees!

2. Similar to Cosmos ecosystem, your staking will be locked up for 21 days after you unstake, which means that it takes 21 days before you receive GARD in your wallet. For example, A stakes 1 million GARD on August 5, and unstake on August 7. The unstaked GARD will not return to your wallet until August 28. Therefore, if you need GARD urgently for trade, please do not participate in staking!

3. Hashgard Foundation staked 15 million GARD on each community node. The block generation rewards from this staking belong to the node operator.Besides, the operator has commission and naming rights.

About node application and staking, please refer to the following article

— — Hashgard Node Staking Process

https://medium.com/@hashgard/hashgard-node-staking-process-53baf88e8e23

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Hashgard

Hashgard is a new generation decentralized finance public blockchain. Garding the Realm of Blockchain!