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What are the benefits of being a masternode holder?
What are the benefits of being a masternode holder?
Nan Selene avatar
Written by Nan Selene
Updated over a week ago

When a transaction fee is incurred on ShareLedger, it will be distributed to masternode holders who provide a service to the platform. Masternodes will receive a reward from each transaction block processed. Transaction fees are charged to ShareRing providers in SHR. The distribution of transaction fees are as follows: 50% is distributed amongst the active masternode holders who host an active node on the blockchain at that point in time (these holders provide a service to the platform).

The distribution will be based on a calculation of the Total Amount Staked and the total continuous uptime of the node. 50% is distributed to ShareRing Ltd (view ShareRing owned masternodes) for various purposes including working capital and platform growth.

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