Solaris Reward Program

- Txbit is rewarding 50% of the Net Transaction Fees to all users who sign up and link their Solaris Masternode

Solaris Reward Program

Txbit is rewarding 50% of the Net Transaction Fees to all users who sign up and link their Solaris Masternode to the txbit account. (Net Transaction Fees are Transaction Fees minus baseline operating costs and expenses, such as server hosting costs, software subscriptions, etc.)

We created a unique system, which supports the network security at it’s core by encouraging people to run masternodes and stake Solaris coins (Staking support not yet implemented). We hope our system will create a major incentive for users to take XLR off exchanges and keep it safe.

Every account is assigned a unique Referral Code, which can be used during account registration.

How it works

You must run a Solaris masternode to participate in the program. A Solaris masternode requires 1000 XLR coin collateral, a fully synchronised Qt wallet (download from solariscoin.com) and a VPS server (5USD per month). Instructions on how to set-up and run a masternode can be found HERE

Next you need to create an account on txbit.io and link the Masternode with the account. You can track your estimated rewards from the Dashboard.

The Rewards are shared equally among all linked Masternodes on txbit.

What are the rewards

Users will be rewarded a combination of BTC, ETH and XLR directly to their txbit accounts.

Transaction fees are taken from the Base Market currency for all pairings. 50% of the Net Transaction fees are shared between the linked Masternodes.

The rewards will be deposited to the txbit accounts on a monthly basis to ensure auditability and accuracy. Once the team is sure that all calculations are correct, the deposits will be automated on a weekly basis, and with a possibility to become a daily process in the future.