REBL Masternodes One of its kind
REBL Masternodes can also run multiple Client masternodes
Without having to deposit collateral.
Implementing the REBL vision is a complicated process, with many questions to answer. The most important 3 questions we faced in the past months are:
1: How do we create demand for the REBL coin and stimulate circulation?
2: How can we make sure the REBL coin has real utility?
3: How do we implement our vision while keeping the community incentivised?
Below you will find details on how Rebellious plans to tackle this.
Any blockchain must pay validators to economically participate in its consensus protocol, whether proof of work or proof of stake, and this inevitably incurs some cost. There are two ways to pay for this cost: inflation and circulation.
The REBL blockchain runs on the proof of stake consensus protocol. To have a stable foundation during the development phase, it will be decreasingly fueled by inflation. This essentially means that the economic incentive – the block rewards – for validators will consist of newly generated coins, hence inflation. The REBL coin supply will eventually reach a max supply, so the generation of new coins stops.
The distribution of this economic model will be rolled out, at first, in what we believe to be the most optimal way to create a stable network and have the reward system in balance. It is nearly impossible to create a multi-year model like this with multiple unknown variables. Therefore this model will be regularly revised on feedback loops.
With the REBL model moving towards zero inflation, the question is – How will contributors be economically incentivized to keep running (master)nodes and thus keep the network secure and stable?
Rebellious will add a Value mechanisms to the REBL ecosystem to increase demand and stimulate coin circulation.
REBL nodes also function as an audit for private client chains
And will receive extra reward for this.
REBL Proof of Stake Reward
The REBL block reward is an incentive for REBL-masternodes and REBL-stakers for helping to secure and validate the REBL-blockchain. The block rewards will be supplemented with transaction fees. This will partially compensate for diminishing coin inflation throughout the year as the network expands and its user numbers increase.
Client Auditing Rewards
The client fees consist of two components. First, for a client chain that runs in a private environment: the nodes in the REBL network will check these blocks and thus function as an audit for the client chains. Clients are required to pay audit fees for this service. In practice, the client will buy REBL coins from the open market and use these to fill up the block rewards.
Clients Masternode Rewards
The biggest feature of our Ecosystem: REBL Masternode holders will receive a masternode from each new client for free. The collateral will be provided by the client, the masternodes are run by the REBL masternode holder. The more clients Rebellious has, the more a masternodes a REBL holder will run, and the more they will earn.
REBL Node and Masternode rewards
Let’s grow together
*Depending on the number of clients you run nodes for and the number of masternodes you own, this reward can increase significantly.
REBL Masternodes
REBL’s unique approach in Crypto
We are proud to announce the economic model for Rebellious today. We worked hard over the past few months to create an ecosystem that is one of its kind. Below you will find some frequently asked questions and answers.
