HyperNodes

One Node, Multiple Licenses

HyperNodes play a crucial role in Lumia's liquidity ecosystem. They provide the licenses for the operation rights of virtual Lumia machines. Additionally, they supply the licenses that can be used to delegate to DAC and DNLP node operators.

Lumia aims to create a balanced ecosystem where both nodes and delegators play crucial roles. This approach ensures that each participant contributes to the network's health and growth, while also receiving appropriate rewards for their efforts.

HyperNodes are a significant part of Lumia's endeavor to decentralize its Layer 2 as much as possible. This decentralization effort ensures a distributed network that is more secure, transparent, and resilient to attacks or failures.

There are multiple ways for users to comfortably engage in the HyperNodes ecosystem:

  • Unlock Ecosystem Rewards: Gain access to daily ecosystem rewards upon purchase.

  • Delegation to DAC Nodes: Lock your HyperNode to delegate and earn Lumia rewards.

  • Delegation to Liquidity Nodes: Lock your HyperNode to delegate and earn Lumia rewards.

  • Node Owned Liquidity: Every HyperNode automatically participates, optimizing idle asset use.

  • Run a DNLP Node: Operate a DNLP Node for further engagement and additional rewards.

  • Run a DAC Node: Operate a DAC Node for further engagementand additional reward.

HyperNode Rewards and Delegation Rewards

The HyperNodes pool is divided into two distinct rewards structures:

  1. Regular Rewards (40%): These rewards are equally divided among all node holders.

  2. Power Pool (10%) : This pool incentivizes network participants, delegators and activated nodes.

HyperNodes Rewards Pool Emission Schedule

The rewards for nodes are halved every 360 days, continuing for a span of 20 years.

Emission Numbers for HyperNode Owners in Year 1:

Delegation Rewards

Additional delegation rewards can be unlocked by HyperNode owners through a form of staked delegation. When delegating to DAC and DNLP Nodes, HyperNodes and Lumia Tokens are locked for the entire delegation period.

Delegating to DAC & DNLP Nodes

After the initial launch phase, delegation option will be accessible to all HyperNode owners. They can then choose to delegate to either a DAC node or a DNLP node based on their preference from the dashboard. One node comes with multiple licenses, yet only one license can be actively delegated at any given time. After the delegation period ends, a user can switch to a different node. If a user wishes to delegate to multiple nodes, or different nodes, multiple HyperNode purchases will be required.

When users delegate to nodes, their influence within the ecosystem increases. Both the user and the node operator become eligible for additional rewards from the designated pools.

Read Here: What are DAC Nodes

Read Here: What are DNLP Nodes

Power Rewards

The power pool is designed to distribute rewards based on the user's contributions in three categories: Referrals, Nodes Held, and Delegations. This ensures that users who contribute more significantly to the network receive a larger share of the rewards.

Indeed, the Power Rewards system is designed to encourage active contributions to the Lumia ecosystem. By holding more nodes and delegating resources, users can increase their "power" and therefore earn a larger share of the daily power pool. This pool constitutes one-sixth of the total HyperNodes Pool, which in turn represents 50% of the new token supply of Lumia.

Power Pool Emission Year 1: 17.000 Lumia/Day

The total Power for the entire network is the sum of all individual Power.

Referral Power

Nodes Hold Power

Delegations Power

Note: Any delegation power earned goes solely to the delegated nodes and will not appear in your unstaked nodes' power amplifier within the dashboard.

To calculate the total power for a user, sum the powers from the Referral, Nodes Hold, and Delegation categories:

Total Power = Referral Power + Nodes Hold Power + Delegation Power

Claiming Lumia HyperNode Rewards

The rewards for Lumia, come in "locked" form with a standard lock period of 90 days. This lock period begins once the token ticker changes, effectively marking the start of the lock period.

However, there is an option for an earlier unlock. This penalty varies depending on how early you choose to unlock your rewards:

  • Unlock within 60 days: 45% claimable

  • Unlock between 60-90 days: 66% claimable

  • Unlock after 90 days: Fully claimable

HyperNode Owner Airdrops

HyperNode owners may be eligible for periodic airdrops of Lumia and other ecosystem tokens. This endeavor is designed to continually bring value to Lumia's early supporters. Many projects are anticipated to launch on Lumia, further enhancing the benefits for HyperNode owners.

Phased Release

The HyperNode ecosystem will be rolled out in phases. The emission of HyperNode rewards will begin from the day of sale. Alongside this, Node Owned Liquidity and Delegation will be incrementally introduced. Early stages will offer basic versions, while later stages will respond to the growing liquidity demands of the Lumia network.

Note: HyperNodes will be managed on Lumia servers in Phase 1 and 2. In Phase 3 decentralization of infrastructure will be accelerated through allowing users to activate and run nodes locally.

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