Morpheus.Network's Masternodes Network Is Live!

After more than a year of testing consisting of 9 different phases of development, we are delighted to announce that Trust.Supply (formerly known as TrustMNW) has completed its testing and will be validating client and partner data in realtime commencing June 20th 2024.

Upgrading by July 4th, 2024 to this first minimum viable product (MVP) version of our masternode management platform v0.14 will be necessary in order to be eligible for rewards.

For a detailed breakdown of MVP launch, please see the table below:

How to claim your rewards:

Visit your dashboard and withdraw your MNW reward starting June 20, 2024.

What's new in this version?

As we move quickly to v1.0 in July, we will start to flag new features in v0.14 such as a non staking based community building gamification (level up), live news feeds and a completely transparent masternode management platform to monitor your staked nodes performance and more features to come 😉

We will now be slashing rewards for nodes that do not maintain a 99% average uptime month over month or behave badly or violate our T&As.

What's the roadmap for next releases?

You may notice after upgrading to v0.14 that the news feed and ranking system is not in place. We will be rolling these features out within the next few weeks. Keep checking for new feature flags.

Once v1.0 launches in July we will lift the node cap and move to a transactional based reward program instead of the fixed APY program currently in effect.

Additionally, we are developing a new v2.0 to transition from Polygon L2 to a more robust and cost efficient L2 to be named later.

It will be essential to the success of the ecosystem to establish minimum staking durations with penalties for early unstaking. More details to come but be prepared from July 20th onward to not receive rewards on a monthly basis as it has been in the past.

Since this is the first month of our MVP phase, there may be intermittent outages or unforseen glitches. Please be patient as we continue to improve on our new platform.

MVP Details:

To join our masternode as a new validator, follow the steps below:

• Join the waitlist.

• Receive an invite to set up nodes after KYC approval. 

A validator using the Trust.Supply web interface v0.14 may build up to 5 nodes (1800 MNW) at this level.

FAQs

Q. What is the maximum number of nodes one user can set up

A user can set up a maximum of 5 nodes, and the size of each node is 1800 tokens.

Q. What if I don’t receive invite codes?

The invite codes will be auto-sent to the waitlisted members. Didn’t receive an email? Feel free to reach out to our moderators or email us at support@morpheus.network.

Q. What if my KYC is stuck?

Please double-check if you have followed the process here. Need further assistance? Write to us at support@morpheus.network.

“If you fix the supply chain, you fix the world!” - Dan Weinberger CEO & Co-Founder

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