I’m trying to understand the functionality of these Nodes for rewards on apps like ThorFi

Running a node offers no material reward per se on most networks but you get the extra security, etc, and you get your own copy of the blockchain.

What is the relationship between deploying a node and “buying” a node on ThorFi. Are you actually paying for a node to be created somewhere on a cloud? And what chain are the nodes sustaining? Do you have access to that node?

Or is “node” just a generic name for a pool that you are investing in, no actual relation with a blockchain node?

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1 thought on “I’m trying to understand the functionality of these Nodes for rewards on apps like ThorFi”

  1. They’re issuing their own inflationary governance tokens as rewards like all the yield farms used to 2 years ago, the nodes thing is just something that sounds cool. Who knows if they actually run blockchain nodes.

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