Whenever a Masternode decides to resign, its deposit of 50,000 IGT will be locked for the next 30 days. Node operator address will only be able to move locked assets after 30 days.
Benefits for Voters:
Voters can earn rewards by staking IGT to the Masternodes. Voters are rewarded on the basis of their share in the total staking amount of masternode. There is no limitation for voters to stake IGT to a masternode. Voters can vote multiple masternodes at the same time to maximize their earning.
Whenever a transaction is validated, the gas fee associated with the transaction is divided into 4 portions:
2. 33% Transaction Reward
The half amount of the gas fee or 50% goes straight to the validator node of the transaction. The validator node distributes it in a 1:1 ratio between masternode operator and voters. The Masternode operator receives half amount and the other half is shared among voters in accordance to their staked IGT ratio.
Masternode operator gets 50% of the validator reward. If a masternode has 100 voters then the 50% of the validator reward is shared among all the 100 voters. The one voter with the highest staking amount will receive the highest voter reward.
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