The Web3 engine infrastructure, Rangers Protocol, has launched a new node rewards calculator today, adding to its existing range of functions on the Node Management Platform. The calculator acts as an auxiliary tool, enabling users of the platform to understand their node revenue quickly and easily after staking.
What is the node reward calculator?
The node reward calculator is a new function that was released today at 11 AM UTC on the Node Management Platform, a multi-functional one-stop service that provides comprehensive support in node management on Rangers Protocol. Following the previous toolset of Console, Delegate, Apply, Portfolio, and History, this newly launched Calculator allows RPG holders to determine their expected staking rewards depending on the total RPG staked, your RPG staked, and the existing node numbers.
The user-attentive calculator shows the future revenue on an optional daily, monthly, or yearly basis. Users can find out the highest return scenario by trying out different figure combinations on the Calculator interface rather than actually staking their tokens in reality. They can also preview their yearly income trend and reach a more prudent decision accordingly.
Using the Node Reward Calculator
There are only a few options when using the node reward calculator, but even minor changes can have major effects on your results. You can access the function via Rangers Protocol’s comprehensive toolset page or directly via this address. The basic flow of the calculator operation is as follows:
1. Select your node tab. The proposal node and the verification node use two different systems in generating the estimated staking rewards. Users can click on or switch over to the matching tab to calculate the corresponding node reward.
2. Enter your staking amount in the left box. To bring out the calculation, the number should be larger than 2000/400 (2000 for the proposal node and 400 for the verification node). A recommended value can also be found on bottom left below the box.
3. The line graph in the middle will then illustrate the yearly yield curve. Both the x and y axes will be marked with 10 coordinates, representing the number of days and the amount of return, respectively.
4. The box on the right will display specific figures for daily possible income, monthly possible income, yearly possible income, as well as yearly reward rate.
Rangers Protocol is demonstrating a strong ability to meet users and developers’s needs by providing a variety of useful tools. The new node reward calculator is expected to one of these features, offering comprehensive services for the community, improving Rangers Protocol’s overall usability and assisting in its ambition to build a supportive Web3 Engine for a Metaverse future.
As the node management platform fills out to more convenient and advanced functionality, Rangers Protocol also aspires to reduce the maintenance costs, lower the threshold, and welcome more participants to join the verification network by building their own nodes.
Please stay tuned for more timely updates of Rangers Protocol’s future functions and latest progress!
About Rangers Protocol
Rangers Protocol is the backbone of a Web3 engine for creating immersive Web3 applications. It minimizes the development difficulty for Web3 developers and maximizes the user experience of its Web3 applications. Rangers Protocol provides comprehensive infrastructures for efficient complex-app development, successful cross-chain and mass distribution, diverse in-app NFT and DeFi features, and more. Through its full EVM compatibility, strategic industry partnerships, and curated all-in-one IDE, Rangers Protocol supports AAA and indie developers to succeed in the Web3 world.