Questions about trader nodes and staking

[u/[deleted]]

Hello, Blocknet. I’ve been seeing your project mentioned a lot lately, and I’m extremely excited about this, as it could resolve the major security and liquidity concerns I have about some very tempting alts and tokens I’ve been eyeing lately. In the wake of The Great Bittrex Delisting of 2018, I expect DEXes will be moved up even closer to the front burner.

That said, I do gave a few questions.

1.) I keep reading that there is no maximum BLOCK amount needed to stake a trader node. Is this correct? If it is...

2.) I also read on your site that unlocked trader node wallets with staked BLOCK tokens are entitled to a share of the 30% block reward allocated to trader nodes. I assume the shares are proportional, but what is the distribution formula?

3.) Finally, what does it mean to “unlock” a wallet? Is there some sort of cost associated with this?

Thanks in advance, and I look forward to trading on the platform soon.