Validators
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Demex uses the Proof of Stake (PoS) consensus model.
By processing transactions and participating in consensus, each validator plays a crucial role in ensuring the security and efficiency of the blockchain - one with a high level of resistance to censorship.
A robust community of independent validators forms the backbone of Demex's decentralization.
Validators of Demex can:
Earn from validator commissions from various sources (see below) for helping to secure and validate Demex transactions.
Help increase censorship resistance of the network by increasing decentralization
What sets Demex apart from other protocols is that in addition to block emissions and network fees, block rewards also include fees from multiple sources such as trading, lending interest, liquidations, and more.
As Demex establishes its position and sees a surge in trading and earning activity, validators may earn substantially by participating in the consensus process.
Set up a node by following the Mainnet node setup guide.
There is no minimum self-stake amount required.
To earn commission, validators must remain online and keep up to date with the latest software upgrade. Failure to do so will result in penalties and reduced rewards.
More information about penalties can be found in the Commissions & Penalties section.
Running a validator successfully involves continuously participating in discussions, processing new blocks, and voting on governance proposals on behalf of your delegates.
To help maintain consensus, it is recommended that node operators maintain good uptime by being responsive and monitoring their servers closely.
Validators are also expected to respond to critical network events (e.g. restarts) promptly to ensure the security of Demex.
Validators are encouraged to connect with other members of the community and contribute to the growth and development of the blockchain.
Join Demex as a validator and become part of the community today!
