What are Myria Nodes?
Myria Nodes are the backbone of our decentralized Myria Ecosystem. They contribute to the growth of the Myria ecosystem by providing support functions required to run a truly decentralized and secure network.
Myria nodes will be used for a variety of network-supporting activities including:
- Reliable test networks
- Decentralized storage of critical information in the Myria ecosystem
- Oracles, which are data feeds that provide smart contracts with off-chain data
- Governance voting
- Voting on game-specific concepts, and
- Eventually will become Layer 2 operators for Myria, our Ethereum Layer 2 scaling solution.
What rewards do Myria nodes receive?
In return for their valued contribution to the Myria network, node operators will receive:
- Daily $MYRIA token rewards. Node reward % of the total token supply will be rewarded to Myria Node operators on a daily basis on a halving schedule. This means, as $MYRIA distribution reduces gradually overtime, increasingly more projects and builders will be utilising the Myria platform.
- Exclusive NFT drops that can be used in our ecosystem of games — including NFTs from Partner Studio play-to-earn games.
- Governance voting rights. Myria node owners will have the exclusive right to vote and help shape the future of Myria.
Your node must be online for at least 6 hours within each 24 hour period to be eligible to receive rewards.
Nodes will start generating $MYRIA token rewards after our Token Generation Event (TGE) which will occur alongside our Public Node Sale, planned to occur in Q4 this year.
In the meantime, all node owners will be eligible to participate in exclusive events that will give them a chance to receive NFTs from Myria Studio and partner studio game launches.
How can you run a Myria node?
You can either set up your Myria node on your own device, such as your home PC, or on a VPS cloud server.
All you need to do is:
- Purchase a Myria Node
- Create a Myria account
- Download Myria Node Software (once it is released)
- Install the software and set up your node
Requirements to run a node
Our Node operation is not heavily resource-intensive like traditional cryptocurrency mining. You’ll be able to run our Node software from your home computer with the following minimum requirements:
- 4 GB RAM
- 2 CPU Cores
- 60 GB Disk Space
- An x86/X64 Processor
- A Stable Internet Connection