Melbourne DAO Profile picture
Mar 9 β€’ 22 tweets β€’ 4 min read
A glossary of #Nodes/#NaaS features.

Hope this helps the new joiners and anyone who wants to DYOR in the sea of nodes.
#NodeArmy #NodeLife

0/39 🧡
1/39 Auto Token Burn
Tokens get burnt automatically to mitigate over-inflation.

2/39 Bonding
You get to buy discounted tokens, and vest for a certain period.
3/39 Daily Node Limit
There's a limit to the total number of nodes that can be created in a day.

4/39 Daily Trade Limit
There's a limit to the number of tokens that can be bought or sold in a day.
5/39 DAO
A Decentralized Autonomous Organization structure, where key activities are decided by holders' votes.

6/39 Elastic Node Size
Instead of paying a fixed amount to create a node, you can choose to put more, so to get a higher return.
7/39 FaaS Auto Compounder
A specific type of crypto bots that automatically claim/compound/deposit periodically on a chosen farming protocol.

8/39 Fractional Nodes
Instead of buying a full node, you pay a proportion and get a fractionalized ownership.
9/39 God Mode
In some projects, if you meet certain criteria, such as owning all tiers of nodes, you get to enjoy exclusive benefits.

10/39 Launchpad
An incubation function where the community gets early access to new projects and enjoys a VC type of benefits.
11/39 Lottery
Node or token holders can participate in lotteries periodically.

12/39 LP Staking
Usually, a project incentivizes investors to contribute to the liquidity pool by allowing them to stake the LP token.
13/39 Maintenance Fee
A way for a project to collect fixed profit in order to feed the team/pools on a regular basis (i.e. normally your nodes are virtual code, actually no need for maintenance)
14/39 Mergeable Nodes
Nodes can be merged and produce a new node, which usually gives you more yield.

15/39 Metaverse
There is a metaverse element in the project, e.g. investment in SANDBOX, or the project has a plan to create its own.
16/39 Mixed-Token Nodes
Nodes can be created with two or more different tokens combos.

17/39 Multi Chain Nodes
A project offers RPC endpoints for different chains.
18/39 Multi Tiers
Multiple tiers of nodes that can suit investors with different goals.

19/39 NFT Marketplace
A project builts its own marketplace to trade the NFT nodes or reward boosters.
20/39 NFT Reward Booster
Investors who own this type of NFT are able to boost the yield for their nodes.

21/39 Node Scarcity
There is a cap that limits the number of nodes that can ever exist. This is considered by some projects to control the token emission.
22/39 Nodes as NFTs
Every node you create is minted as an NFT, that is persisted and tradeable on the blockchain.

23/39 Nodes Earn Exp.
Some projects ask investors not to claim for a certain period, and in doing so their nodes earn exps. and would be leveled up.
24/39 Non-Native Token Reward
Rewards can be distributed in non-native node tokens, e.g. USDC.

25/39 OTC
Over-The-Counter sales. Instead of trading in the liquidity pool, one can trade with the project team directly. Good for whales to acquire a good deal. Good for the chart.
26/39 P2E
A narrative and tokenomics which make the project sounds like a game.

27/39 P2E Investment
The project invests in the Play-to-Earn gaming space.
28/39 Reflections
The holders of the native token get rewarded whenever others trade the tokens.

29/39 RPC Nodes
A special "node" that provides an entry point to access the blockchain. RPC = Remote Procedure Call
30/39 Secondary Token
Besides the native node token, some projects may introduce another token with various purposes such as reducing the sell pressure of the main token, a new stream of income, etc.
31/39 Sell Restriction
E.g. you can only sell the token with a node, OR the number of tokens you are about to sell has to be less than the cost of a node.

32/39 Tapering
The yield decreases overtime to keep the sustainability of the project. Some projects call it decaying.
33/39 Tax Tweaks
Various types of taxes and mechanisms in the tokenomics, e.g. claim tax, buy/sell tax, compound tax. Tax: part of your tokens is gone.

34/39 Token Staking
A project allows token holders to stake the token and earn rewards that are normally less than a full node.
35/39 Token Utility
Apart from using the tokens to buy nodes or trade, there are other use cases outside of the node model, like voting or being used as the native token for a new chain.

36/39 Treasury Investment
A project uses the treasury to invest in other DeFi or TradFi.
37/39 Unlimited Nodes per Wallet
There is no limit to the number of nodes one can own in the wallet. (Normally projects have the 100 limit from the $STRONG model).

38/39 Upgradable Nodes
Nodes are upgradeable. Normally the upgraded nodes earn more rewards or have less tax.
39/39 Validator Nodes
Some projects may decide to purchase validator nodes for a certain blockchain. These nodes keep the blockchain live by validating every single transaction.

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