Management & Incentives
Corex nodes manage and store their key shares for each joint computingl environment linked to the clusters they belong, which is critical for engaging in our network's multi party computation protocols.
Advanced node setups may opt to secure key shares within the secure execution zones, safeguarding them from access by other processes on the machine. The secure execution zones provide the highest level of confidentiality and data protection.
Every node in the network must declare its hardware capacity in order to define the number of computation units the node can handle at full load. Nodes are incentivized to make accurate claims: underestimating results in fewer tasks and rewards, while overestimating risks penalties if the node fails to perform as expected, such as being too slow or crashing under heavy computation.
Incentives:
Node Operators have two main sources of incentives:
Rewards earned from their self-delegation.
To activate and operate a node, the node operator must self-delegate at least the required stake for MINIMUM_SELF_DELEGATION_PER_500_CLUSTERS
.
This minimum threshold allows the node to participate in up to 500 Clusters, covering potential migration costs. Node operators can choose to self-delegate more than the minimum, increasing the number of Clusters the node can join beyond 500.
Fees collected from third-party delegations to their node.
When a node is established, the fee to be charged is set using the fee_rate
parameter, which function as delegators rewards. A max_fee
parameter is also defined at creation, setting a permanent upper limit for the fee rate. Any adjustments to the fee rate take effect after one epoch. This gives delegators time to react to changes in regards to their stake.
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