Etho Protocol Nodes — Generating Income With Your ETHO

Many community members have asked how they can stake or make a return on your ETHO, so we decided to outline some options for ETHO holders to both contribute to the network and make a return on their ETHO holdings.

First: Where Can You Get ETHO?

ETHO is a multi-chain asset meaning that tokens exist on Binance Smart Chain (BSC), The Ehereum Network (ETH), The xDai Network (xDai) and the native coin on the Etho Protocol network itself. You can buy/swap for wrapped ETHO tokens on any of these networks and use the bridge at https://bridge.ethoprotocol.com and https://honeyswap.ether1.org in order to exchange it for native ETHO which is required to deploy a node or lend out node collateral.

Exchanges:

Kucoin (ETH Network Wrapped ETHO — BTC & USDT Pairs)
https://trade.kucoin.com/ETHO-USDT

Uniswap (ETH Network Wrapped ETHO) https://info.uniswap.org/#/tokens/0x99676c9fa4c77848aeb2383fcfbd7e980dc25027

Pancakeswap (BSC Network Wrapped ETHO) https://pancakeswap.info/token/0x0e900aa6ed4244c43d597e6d2f8fb3994303ed99

Honeyswap (xDai Network Wrapped ETHO) https://info.honeyswap.org/token/0xb17d999e840e0c1b157ca5ab8039bd958b5fa317

Probit (Native/Mainnet ETHO — BTC & USDT Pairs) https://www.probit.com/app/exchange/ETHO-USDT

Stex (Native/Mainnet ETHO, ETH & BSC Wrapped ETO — BTC Pair) https://www.probit.com/app/exchange/ETHO-USDT

Graviex (Native/Mainnet ETHO — BTC Pair) https://graviex.net/markets/ethobtc

Mercatox (Native/Mainnet ETHO — BTC & ETH Pairs) https://graviex.net/markets/ethobtc

How Much Can I Make?

This depends on the node type you decide to deploy. There are three node types that can be deployed: Service Nodes, Masternodes and Gateway Nodes. All three have different collateral and VPS requirements but we can break down the average (current as of 6–18–21) returns for each node type.

Service Node

Required Collateral: 5000 ETHO

Daily Reward: 1.29 ETHO

VPS Requirements: 1 Public IPV4 Address • 20GB of available storage • 1GB of ram

Current Annual Return: 9.4%

Masternode

Required Collateral: 15000 ETHO

Daily Reward: 5.17 ETHO

VPS Requirements: 1 Public IPV4 Address • 20GB of available storage • 1GB of ram

Current Annual Return: 12.6%

Gateway Node

Required Collateral: 30000 ETHO

Daily Reward: 10.35 ETHO

VPS Requirements: 1 Public IPV4 Address • 20GB of available storage • 1GB of ram

Current Annual Return: 12.6%

All node tiers receive a split of network data hosting revenue, meaning that as the network grows so do rewards for node operators.

Now lets explore two ways you can take part in node operations, either by running a node yourself or by lending another operator collateral to run for you.

Option 1: Deploy an Etho Protocol Node — Revenue Share & Block Rewards

The first and most popular method is to participate in the Etho Protocol data hosting network by deploying and operating a node.

Node deployment documentation: https://docs.ethoprotocol.com/nodes/installing-uninstalling-ether-1-nodes

This generates the most return on your ETHO as you only need to accumulate enough ETHO for the node type you wish to deploy (see options below) and meet the node operating guidelines (see https://nodes.ethoprotocol.com for more details) and daily rewards will begin to show up in your Etho Protocol wallet.

Option 2: Lending Out Your ETHO — Share in Node Rewards With a Node Operator/Borrower

The lending market for Etho Protocol node collateral is a first of it’s kind system. It allows ETHO holders who do not want to run a node themselves, to lend out their ETHO to a node operator who wants to run a node a share the reward with the ETHO lender. It is completely free market, meaning a prospective lender can set the reward split/rate along with a origination fee (similar to a security deposit) for the collateral they are lending out.

All of this is permission-less, meaning it is all held in smart contract and the terms cannot be modified by either party once agreed to. More information is available by clicking on the “Terms” button on the dashboard at https://staking.ethofs.com.

Once the collateral is lent out, a prospective node operator will take the contract off the market and deploy the node. When rewards are paid out daily the reward is split between the operator and lender at the agreed rate.

None of this is investment advice, but rather an outline of the possibilities available when participating in the Etho Protocol Network!

https://ethoprotocol.medium.com/etho-protocol-on-a-dashboard-a0f644fcc492

https://ethoprotocol.medium.com/etho-protocol-wrapping-becoming-a-multi-chain-asset-901cf47c3885

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