The pNetwork is an open, public and independent network with an inbuilt governance structure.
pNetwork Node operators are the entities running the cross-chain infrastructure (hardware and software) that secures every pTokens bridge running on the pNetwork. Nodes operate the crucial cross-chain infrastructure to ensure that smart contracts and dApp users across every blockchain have access to assets' value and liquidity.
These cross-chain node operators are responsible for watching the blockchain for new incoming requests for asset switches from one network to another and ensuring the requested asset tokenisation process happens correctly.
pNetwork Node Command Line Interface (pcli) is the tool needed to deploy and fully maintain your pNetwork Node, you can run it on your MacOS, Linux and Win10 with WSL.
Running a pNetwork Node enables anyone to join a fast-growing ecosystem and to earn rewards while contributing to building a more decentralized world.
pNetwork Nodes are a critical component for the security of the pNetwork. For this reason, the protocol aims to reward their operation by redistributing the fees generated by the system to its contributors.
Anyone can set up a pNetwork Node and secure the cross-chain movement of assets.
Anyone holding $PNT is able to participate in the governance of the project by staking and voting on various proposals. To incentivize and reward this active participation within the pNetwork DAO, holders earn rewards (42% APR during the first year) on their tokens at stake.
Other than accruing pNetwork DAO staking rewards (accrued by all active DAO members), nodes will benefit from peg-in and peg-out fees once those are introduced.
Fees will be automatically distributed to node operators as they are paid by users, in the pTokenised asset they have unchained. For example, node operators contributing to a BTC asset switch would be rewarded in pBTC. Similarly, when contributing to an ETH asset switch, operators are rewarded in pETH.