Elysium is a high-performance newly constructed blockchain by Vulcan Cast. The primary goal of constructing this extremely anticipated blockchain is to supply options for NFTs and blockchain gaming tasks.
In keeping with Elysium, the blockchain just isn’t solely 100% carbon impartial, however they’re planting timber as nicely to assist form the surroundings for future generations. The blockchain can work with Solidity Sensible Contracts and can also be EVM Suitable.
Elysium Node Program
Right now, Elysium has shared details about solely three node varieties out there on the Elysium blockchain. The corporate shared in an article that they’ll launch details about the fourth node as soon as the variety of transactions will increase.
- Cronus Node
Protected and validated by a community of 51 Authority nodes, Elysium intends to protect the blockchain through the use of Proof of Authority (POA).
Elysium blockchain makes use of a blockchain validator that’s used to validate the blocks in order that the blocks can then be added to the everlasting ledger of the blockchain. (As soon as a transaction is made, it’ll be saved on the blockchain).
Whoever owns the nodes on the blockchain will probably be a identified entity. For instance, a node proprietor is usually a recreation developer, contributor, participant, Vulcan Thinker, or extra.
To be practical, the Elysium authority nodes require particular software program and a bodily server to run. Elysium plans to host the nodes at totally different strategic places everywhere in the world. The nodes will probably be saved at carbon-neutral servers solely.
Along with that, the authority nodes will obtain a small share of the transaction that’s made on the Elysium blockchain.
One other method for the authority nodes to generate revenue is by receiving royalties from Elysium. (Extra about this will probably be shared layer by Elysium).
- Demeter Nodes
Demeter Nodes are based mostly on the thought of harvesting and performing agricultural actions. The gamers will personal Land to reap and develop grains. The supply of revenue for the Demeter Nodes will probably be by receiving a small quantity of $LAVA fuel price at any time when a transaction is made on the Elysium Blockchain.
Nonetheless, you’ll solely be eligible for receiving the fuel price in case your land is on Stage 4 and/or up.
Right here’s the entire listing of how a lot you may make based mostly in your land degree.
Stage 4: 10% of the Demeter Charge
Stage 5: 18% of the Demeter Charge
Stage 6: 28% of the Demeter Charge
Stage 7: 44% of the Demeter Charge
- Hades Nodes
Often called the “Giver of Wealth” and “the Rich One”, the Hades node will permit you to stake each the currencies of the Elysium Blockchain.
If you stake $PYR, you obtain $LAVA as a reward, Primarily based on the locking interval and quantity, your reward can improve.
The Hades Nodes will probably be divided into 5 tiers. The primary tier node begins at locking 2000 Locked $PYR Tokens.
Apart from that, all of the Hades Nodes on the Elysium blockchain will routinely take part within the GOD Pool and NFT Pool.
The GOD Pool
Merely, you may make extra staking revenue should you maintain one of many GOD NFTs. This makes the Vulcan Gods NFTs a useful asset to personal.
Cronus or Zeus holders will get round 15% staking reward whereas GOD holders will get 5% of the staking reward for the bottom technology quantity.
Elysium NFT Pool
The Vulcanites and OG Badge Holders have the chance to spice up their staking reward by taking part within the NFT Pool. They’ll obtain $LAVA based mostly on the asset they personal.
In the event that they personal a Vulcanite, they are going to obtain a 1% further staking reward for every of the Vulcanites. In case of proudly owning an OG Badge, they are going to obtain 2.5% of the full staking reward,
