Dear Midas Pioneers,
After a deep and careful research of the Tomo mainnet and its masternode economic model, we have decided to use 85% of our TOMO fund to run Tomo masternodes; and the rest 15% to vote for our nodes and others (by an optimal solution being trained aggressively by our AI algorithm).
There will be 3 masternodes:
|Name||Candidate URL||DC Location|
|Midas King I||https://master.tomochain.com/candidate/0x9fb1073da57e5670ddf45c69cc94fcbe14188067||Singapore|
|Midas King II||https://master.tomochain.com/candidate/0x8b99269ec1e6fd7cd67cf341725e3e4a7dacc1b6||Vietnam|
|Midas King III||https://master.tomochain.com/candidate/0x126d7e9c0fca4fb8e7c6946fc721bb55b97aecb8||Japan|
(All with the recommended hardware by Tomo: 16 core and 32GB RAM)
There will be 5 voters:
|Midas Voter 1||https://master.tomochain.com/voter/0xdc7101b0467811ae8c3d99c92646c6780b15ae2a||5,000 TOMO|
|Midas Voter 2||TBA||5,000 TOMO|
|Midas Voter 3||TBA||5,000 TOMO|
|Midas Voter 4||TBA||5,000 TOMO|
|Midas Voter 5||TBA||5,000 TOMO|
Total TOMO tokens (for both masternodes and voters) is 175,000.
This funding amount is calculated based on the current price of both tokens (TOMO and MAS) and other factors such as masternode running costs and overall market condition.
Pioneers will have opportunities to withdraw their locked MAS tokens (if they are not satisfied with the plan) with no fee in one week from 01 Jan 2019 to 07 Jan 2019 (details will be announced later).
During this time there will be no option to deposit in. Hence the Pioneers who decide to keep their MAS locked will earn more than original (since the total pool balance is decreased).
Current ROI of Masternode is about 30%.
Current ROI of Voter is about 15%.
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Telegram group: t.me/ midasprotocolglobal