Early Access to Morphie Network Validator program

Morphie Network
2 min readJan 3, 2022

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While blockchains are great at immutable storage and deterministic, verifiable computations, they cannot securely access data available outside the blockchain networks. Morphie Network’s vision is to address this problem of smart contract via a decentralized, community driven oracle which aggregates and connects real-world data and APIs to smart contracts.

We are working aggressively towards Phase 2 and towards the development of Morphie Protocol — a decentralized oracle that will work under the community’s governance and ownership, eliminating the threats of data compromise at centralized oracles. We recently released the updated version of our litepaper, you can read it here: https://drive.google.com/file/d/1bTgPszhOrLX7JYo339HY_5kZi-9jUhJi

Morphie Network Node Validators

Validators are responsible for proposing and committing new blocks to the blockchain and participate in the block consensus. Validators stake their $MRFI tokens as collateral to work for the security and data integrity of the network and in exchange earn rewards. Funds staked by validators will be locked in a smart contract

Validators will earn fees for every request by a dApp or a smart contract, after Morphie’s Mainnet Launch. We aim to make our testnet live in the coming months.

A validator node is a job that needs to be handled responsibly and one needs to be prepared with uptime, backup, HSM, attack prevention strategies, firewall security and much more!

Who all can become a Node Validator?

You can get early access to the Validator program today by staking 8,363,000 $MRFI tokens. Once our mainnet is live, these validator nodes will need to have some specific system requirements, details for the same will be released soon.

Wanna get early access?

Stake your $MRFI today in our validator’s program to get early access and become a validator — https://validator.morphie.network/

JOIN US ON:

Website | Twitter | Telegram | Telegram Announcements

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Morphie Network
Morphie Network

Written by Morphie Network

Morphie Network aims to become the largest Decentralised and community-driven oracle on Avalanche. For more info, visit: https://morphie.network/

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