Thread by @trippledutch

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The Morpheus.Network TrustMNW #masternodes beta program kicked off exactly 3 months ago. Those who started their nodes are now halfway and can expect the first payout on June 20th. From then on, payout will happen each quarter.

$MNW

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Currently there are 165 validators operational who run at total of exactly 2,000 nodes. This represents 7.6% of the circulating supply. The majority of these nodes already signed up in the first 5 days after staking for nodes was opened on December 20, 2022.

$MNW

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As an indicator of interest for round 2, which most likely starts today, we see that another 1,284 nodes could theoretically be added.

However, at the current total cap of 3,870,000 MNW, there's room for only 150 additional nodes.

$MNW

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If the total node cap stays as it is now, there will be only a few lucky MNW holders who will be able to participate in round 2. Fortunately, this is not the last chance to take part in the beta program. Round 3 has already been mentioned.

$MNW

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Today we expect an upgrade of the dashboard which will provide more info on how these nodes are operating. It currently shows the number of nodes, how many $MNW is staked, an uptime chart, an unstake button an earnings progress and when the next reward will be paid out.

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The dashboard also shows recent validators participation in the form of customer logo's which are refreshed every day. It's cool to see how many companies, blockchains, cloud & telecom operators and standards organizations are involved in these transactions

$MNW

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During the beta program, the APY is 18% and is a fixed amount until the end of the beta. Dan said he expected a runtime of 12 to 14 months, but that is not set in stone.

$MNW

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The Morpheus.Network team has reserved 1.2M $MNW tokens for payout for both the alpha and beta program. After the beta, masternodes will start sharing a percentage of the platform revenue, based on actual usage by all that use the platform.

There will be NO inflation!

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Because most customers will likely pay in fiat (as long as there is fiat), the smart contract (after beta) will automatically buy $MNW from the open market. This will strongly increase demand for the token and have a positive impact on the profitability of the masternodes.

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It's hard to predict how much platform revenue we'll see, but seeing the growth in customers, partners and integrations, the usage curve could be impressive. Imagine $MNW developing into the global engine for digital trade, optimizing supply chain transactions.

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Potentially for all imports and exports of a Fortune 100 company, or all of those for an entire business sector, or even of an entire country. Morpheus is already growing at an exponential rate and we know what such a curve means for profitability.

$MNW

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It suffices to say that Morpheus.Network masternodes will be highly sought after.

However, be aware that your nodes need to have an uptime of 91.1% so operators have to do work to make sure their nodes are up-to-date and working well.

$MNW

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Several guides and videos are available to help you deploy your masternode which can run on Windows, Linux or MacOS. Both a local computer or a virtual Private Servers (VPS) can be used. The documentation helps you with that as well.

$MNW

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If you want to participate in the upcoming rounds, make sure you have 1,800 $MNW tokens per node, preferably in a hardware wallet. Currently Ledger and AirGap is supported. This means that you always stay in control of your tokens.

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You can unstake at any moment, but if you don't complete the full staking period, you may lose all or part of your $MNW earnings.

Morpheus.Network is looking for long term commitment from node operators for a strong network with consistent &sustainable earnings.

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Running 1 or more Morpheus.Network nodes is an attractive proposition, so now would be a good time to accumulate more $MNW tokens!

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Thanks for reading.

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Correction 99.1%

You can run multiple nodes on one computer or vps