SINOVATE Infinity Nodes (SIN) First 12-Month Payment Performance
SINOVATE launched in 2018 as a Decentralized Autonomous Organization (DAO) and soon celebrates the first year of Infinity Nodes adoption with expiring nodes and a chance to earn increased passive income. Every year in June, a vast number of SIN nodes expire due to their limited 12 — month lifetime. Furthermore, these expired nodes create a new space for upcoming nodes.
The SINOVATE Infinity Node owners receive their initial investment much earlier before their nodes expire, including a passive income in the form of extra SIN coins.
We will take a closer look at how all three Infinity Node Tiers have performed so far:
Below are examples of the rewards already gained by early SIN Node adopters:
Owns a BIG. MID and MINI SIN Node: Around 55%
I was one of the early adopters, and I have received more than 55% return on my initial investment.”
Owns a Mid SIN Node: %56.1
“My Mid Node Enabled me to earn way beyond my expectations. I am yet to sell a single coin!”
Owns a MINI SIN Node: %50.36
“I plan to increase the number of nodes until IDS is available. I am looking forward to creating more nodes.”
SINOVATE fully reimbursed the missing rewards of node owners.
SINOVATE is a Decentralized Autonomous Organization (DAO) and operates transparently:
- SINOVATE community voted to remove the node limits and the reimbursement of the missing rewards of nodes that the node limit caused.
- SINOVATE team made the reimbursements from the developer funds.
Below are the reimbursements made to the community:
Missing rewards were paid between the following blocks, from December 19th to January 16th:
- 330000–309381 = 20.619 total blocks for reimbursement
- 96,324 SIN for BIG in that period (54.98 payments x 1752) 2.968.356 SIN
- 46,073 SIN for MID in that period (54.98 payments X 838) MID: 1.771.202
- 8,796 SIN for LIL in that period (54.98 X 160) LIL: 164.716
- TOTAL 4.874.274 SIN paid.
As always SINOVATE remains fully transparent across all activities. We look forward to the next round of the nodes and for the new innovations.
Website: https://sinovate.io/
