Delegate stake to a Sylo Node or run your own to help build a powerful foundation for the decentralised Metaverse.
The smoothest pathway to earning while supporting the Sylo Network, delegated staking requires a user to stake Sylo Token (SYLO) against a Sylo Node. The greater the amount staked to a Sylo Node, the more network traffic will be directed to it. Every time a Sylo Node receives a probabilistic micropayment in the form of a ‘winning ticket’, the node and then its delegated stakers will receive a payment. Set up from within the Sylo Smart Wallet app or on the Sylo Delegated Staking Dashboard, delegated staking is a straightforward way to contribute to the future of the decentralised Metaverse.
Sylo Nodes form the backbone of the Sylo Network, directly enabling the foundation of a p2p, e2ee Metaverse grounded firmly in Web3. Sylo Nodes are required to stake before they are eligible to receive work to do. You’ll want to be familiar with running servers in order to keep your Sylo Nodes’ services to a high level of quality. Higher stake and consistent quality service leads to more rewards.