What's the "Node Operator Fee?"

To manage any associated costs for being a Pulsechain Validator, the Godfather will charge a 20% fee on any of the net profit (staking rewards) that's paid at the end of the validator term (1 year). We want to ensure that all rewards received for validating get reapplied to more validators, hence why our fee comes at the end of the staking term (August 15, 2024).

For example, if the principal staked is 1B PLS, which ends up earning 200m PLS (assuming 20% APR) over the course of the 1 year stake length, the Godfather would receive 40m PLS (20% of 200m) for protecting the family, while those that own the MAFIA token (ie his loyal family) receives the rest.

Still have questions? Check out our FAQ in the next section.