2019.09.10

XCR Super Node Node Conditional Rules

This is to inform users that basic rules regarding XCR Super Nodes have been established.

The XCR Super Node rules are updated as needed while monitoring operational status.
To update the XCR Super Node rules, XCR Super Node participants will be given voting rights and they will be revised under fair conditions.
Detailed node operations such as voting methods will be published on the CROSS official page.

XCR Super Node(CROSS exchange)…will be called XCRS-EX going forward

XCR Super Node(Global)…will be called XCRS-GL going forward

XCRS-EX Conditions

The lock-up period is 1 year from the grant date

Super Node Maintenance Conditions

  • Maintain 80% or more of owned XCRS.
  • If holdings dip below 80%, the user can return to Super Node status by bringing up their holdings to 80% or more within 30 days.
  • Node rewards are not granted when holdings are less than 80%.

About XCR Super Node rewards

XCR-EX Node rewards

Up to 20% of the XEX Private Fund transaction revenue will be distributed to XCR-EX. As the amount of XEX Private Funds held increases over the years, the increase will be deducted from the grant rate and allocated globally.

1st Year
20% of the XEX Private Fund revenue will be for the Node rewards
2nd Year
15 of the XEX Private Fund revenue will be for the Node rewards
5% will be distributed to the global allocation
The lock is released after one year, and Node rewards from the XEX Private Fund are distributed to the global framework when you buy and sell XCRS.
3rd Year
10% of the XEX Private Fund revenue will be for the Node rewards
10% will be distributed to the global allocation
4th Year
100% of the XEX Private Fund revenue will be for the global allocation
XCR-EX will be incorporated for global allocation
XCR-GL Node rewards Up to 20% of transaction fees other than RMT, ONECARD and other XEX Private Fund revenues will be granted as Node rewards