2019.08.26

What is the XCR Super Node?

XCR Super Node, what is it? The XCR Super Node is a node to keep the CROSS network healthy. As an XCR Super Node, various rights are granted.

XCR Super Node Contents

  • Mining node rights when publishing the main net (mining rewards can be obtained by mining XCR)
  • Generated from each service on the CROSS network (Reduction of up to 20% of transaction reward)
  • Preferential benefits for each service on the CROSS network

XCR Super Node Rights Maintenance Standards

  • Maintain 80% or more, with initial amount held as 100%
  • If holdings become 80% or less, Super Node rights will be forfeited if it is not returned to 80% or more within 30 days.
    If you reinstate Supernode rights after 30 days, you will need to restore it to 100% or higher.

Trade Lots

  • Trading is possible with 100% at the time of acquisition and 5% as one lot.

How to become a new XCR Super Node

To acquire new XCR Supernode rights, you can buy and sell XCR Super Node rights at RMT, with 5% being sold as one lot.

XCR Super Node trading method

  • An XCR Super Node must own ~$100,000 worth of XCR.
  • An XCR Super Node will receive the same number of XCRS tokens pegged to XCR, allowing XCRS to be sold on special trading markets with XCR Super Node rights.
  • Since the XCR Super Node is purchased with an XCR equivalent of $100,000 USD, even if it is the same Super Node frame, the number of acquisitions changes because the value of USD and XCR differ depending on the timing of acquisition.

The trading system can be sent to RMT with 5% as one frame, and can be converted to BTC or legal currency of a country.