Maxwell, as the preview network of Crust Network, implements all the core mechanisms of Crust, including token staking, decentralized storage market(DSM), and file retrieval. Maxwell runs in a real economic system, participants can lock and claim thier CRU-ERC20 token to the Maxwell CRU token for staking, use the storage services and retrieval files from Maxwell. The revenue in Maxwell is the reward of the node, which can also be claimed back to Ethereum.
How to Join Maxwell Preview Network
There is 4 roles in Maxwell: Validator and Guarantor, Storage User and Storage Merchant
Validator is the maintainer of Crust Network, to be validator, you need:
- Set up node, please refer Node Overview
- To be a validator, please refer Validator Guidance
- Learn the reward and slash details, please refer Validator
2. Guarantor(Token Holder)
Token holders can guarantee Validators(Node) to get reward, to be Guarantor, you need:
- To be a guarantor, please refer Guarantor Guidance
- Learn the reward and slash details, please refer Guarantor
3. Storage User
Storage users store files through the standard IPFS protocol and place orders through the Crust storage market, letting Crust network save files for you. Currently on the preview network Maxwell, storage users are in the limited internal test phase. Please continue to pay attention to the official limited internal test notice on the storage market to apply.
4. Storage Merchant
Waiting for DSM, comming soon
Benefits and Rewards
The preview network provides 540,000 CRU as the reward for staking and generating block. The initial amount of reward for staking and generating block is 750 CRU per era(6 hours), including 600CRU staking reward and 150CRU generating reward. The era reward will be halved every 360 eras(90 days), finally, the total amount of reward will be 540,000 CRU. If a validatior/candidater has guarantors, no matter who claim the reward, all the participators can receive the reward.
The developer documentation will be available at the same time as the storage market.