Node Operators are responsible for running the network software. They run high-performance IT infrastructure and bond Rune in order to earn rewards in Rune. They take part in the network by tracking transactions on External Chains, running the protocol and more. If they fail in any of these responsibilities they can be penalized.
Node Operators can deploy their skills and experience to earn a share of Bond Rewards. Bond Rewards are paid out in Rune. Get a sense of how much Rune could be worth with the Rune Value Simulator .
Node Operators are rewarded in RUNE for being active on the network. These are called Bond Rewards.
Rewards are paid when the Node Operator leaves the network. Learn how the protocol tracks Bond Rewards in the Economics Paper under 'Bond Rewards and Penalties'.
Node Operators run software that keeps the network going. This software—
The THORChain core team has estimated that when the network first launches Node Operators will spend about 1000 USD per month.
The cost as a proportion of revenue will change over time. This is based on the number of active nodes, the starting price of RUNE, the monthly increase in RUNE price and the monthly increase in cost of running a node.
Node Operators are penalised when they fail in their responsibilities. This could be if they fail to—
Learn how the protocol tracks Bond Penalties in the Economics Paper under 'Bond Rewards and Penalties'.