FAQ - Frequently asked Questions

about Shared Masternode(s)
What is LEXNodes?
LEXNodes is a shared MN Platform for the official main currency, LEXIUM.
What’s a masternode?
A Masternode is a crypto full node (computer wallet) that supports the network by hosting an entire copy of the coin's ledger in real time.
In return, the Masternode will receive crypto coins as a reward. It is a great alternative to mining.
Where can i find my status or payment details for Shared Node Hosting?
If you subscribed to one of the available Masternodes shares, click on the Masternode tab, then Rewards.
What's the minimum amount of coins for a LEXIUM shared Masternode?
The minimum amount is 5000 LEX currently.
I don't own enough LEX, is it okay to send less than 5000 LEX?
A LEXIUM share currently requires a minimum of 5000 LEX, please send only in amounts of 5000 LEX each share (until collateral is reached).
Does this service ask any setup, service or user fee?
To make hosting & services possible there is a fee of 5% for shared MN.
What is the formula for rewards?
Reward = ((Amount of Your LEX / Total LEX) * Generated Rewards from MN) - 5%
How can I withdrawal my rewards?
Goto the Masternodes Tab -> Rewards, withdrawal is at your own risk so please be careful with your input, or ask for manual payout.
When does a Shared Masternode starts?
When collateral has been reached, this means all MN shares/seats needs to be filled first.
Can a masternode gets delisted?
Yes it might be possible that we delist a masternode, we do notice when considering, minimal a week before actual delisting takes place.
Can I only sign in/up with a Discord account?
For this moment you can only sign in/up with a valid Discord account. more (signup) functions will be added later.
Is the site also viewable and/or usable on a smartphone?
Not really at this moment, we are still working very hard on this site and future design.