7.2 Incentive Mechanisms

Nanora ($NANO) holders can participate in staking to contribute to network security while earning passive income.

Secure the Network: By locking up $NANO, stakers help maintain decentralization and validate transactions.
Dynamic Rewards: Staking rewards are algorithmically adjusted based on network activity to ensure long-term sustainability.

Nanora incorporates a fee distribution model that incentivizes validators while ensuring token stability.

Validator Incentives: A portion of transaction fees is distributed to validators as rewards for securing the network and processing transactions.
Ecosystem Support: A percentage of transaction fees is allocated to ecosystem development, ensuring continuous innovation.

To foster an engaged and active ecosystem, Nanora rewards contributors across various domains.

Developer Incentives: $NANO tokens are awarded to developers contributing to smart contract development and ecosystem enhancements.
Marketing & Advocacy: Community members who drive awareness and adoption through promotional efforts receive rewards.
Governance Participation: Active participants in governance decisions can earn additional $NANO for contributing to ecosystem sustainability.

Nanora’s staking and reward mechanisms ensure long-term value for token holders while reinforcing a secure, decentralized, and thriving ecosystem.

Last updated 8 months ago