You can stake towards any node. Staking is instant. Unstaking takes a week. You can learn more about the staking process here.
If a node does not have any MSRM, then it becomes inactive and does not generate any rewards.
Nodes share the following features:
Nodes will have a few type of tasks:
These are times when someone has to trigger a program (e.g. to clear out a buffer) in order for the state of the matching engine to progress. You cannot ‘mess up’: either you do it correctly or it is as if you did not do it at all. There is basically a race between nodes to turn these cranks. See
These are times when someone has to trigger a program (e.g. to clear out a buffer) in order for the state of the matching engine to progress. You cannot ‘mess up’: either you do it correctly or it is as if you did not do it at all. There is basically a race between nodes to turn these cranks. See here for the DEX crank source code.
Nodes will potentially be eligible for the following rewards (subject to alteration):
For each payment, the leader will receive 15% of the node’s total reward, with the other 85% being split proportionally.
Each node will receive a base of 2% APY per year on its holdings and will receive another 0% - 13% per year based on performance of its duties.
Each node will also potentially receive rewards for their success in specific challenges and duties.
Some actions may require nodes to post collateral. Doing so will risk losing that collateral if the node misbehaves.
Different amounts of computation may impact the level of node rewards you collect. While the scope will depend on the growth of Serum, you may consider the following recommendations:
