🤝Claim Rewards Mechanism

Node operators on the KIP network earn rewards for the whole period they participate in. Rewards can be claimed at any time.

There is a 30 day waiting period between withdrawal.

This means:

• A node operator can claim their earned rewards at any time, and make their first withdrawal anytime (after KYC verified).

• A node operator can only withdraw the claimed rewards;

• Earned rewards from running a node can only be viewed and claimed after 1 hours;

• Once you have claimed rewards from a node, you can only withdraw rewards from the same node after 24 hours;

• Once a node's rewards is withdrawn, there is a 30 day waiting period before the node owners can withdraw rewards from the same node again.

• After 30 days, the node owners can then withdraw rewards earned since their last withdrawal.

• And this 30 day withdrawal cycle continues indefinitely.

The 30-day withdrawal period allows node operators to access rewards regularly while avoiding sudden fluctuations in market liquidity. It also provides a steady, continuous source passive income for node owners.