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Samurai Protocol
  • DISCLAIMER
  • Samurai Financial
  • 1. What is Samurai and how does it work ?
    • 1.1 - What is Samurai?
    • 1.2 - What is the total supply of HNR tokens ?
    • 1.3 - Now, how does it actually work ?
    • 1.4 - How does Samurai differ from RING?
    • 1.5 - Why is SAMURAI on the Fantom (FTM) ?
    • 1.6 - Is Metamask the only wallet compatible for now ? What about TrustWallet ?
    • 1.7 - Do I need to install a VPS?
    • 1.8 - Do I need to keep my computer running ?
    • 1.9 - Where can I see the size of the liquidity pool ?
    • 1.10 - Smart Contract Functionality
  • 2. Understanding the NODES
    • 2.1 How does the Lottery system work?
    • 2.2 How does sliding tax work?
    • 2.3 - How much does a node cost ?
    • 2.4 - Can nodes be transferred from one wallet to another ?
    • 2.5 - Are these real nodes ?
    • 2.6 - Why do you call these "nodes" ?
    • 2.7 - I don’t see my rewards every 4 or 8 hours. Is there a problem ?
    • 2.8 - What happens if I don't claim my rewards every time ?
  • Tokenomics
  • Governance
  • Samurai AI
  • Vaults
  • MultiChain ZenGarden
  • Levels
  • Sambot
  • ZenEstate
  • Governance Proposals
    • Samurai Governance
    • Initiate and adopt protocol level governance
    • SIP-1: Adopt and enforce an incentivised LP staking mechanism - Zen Garden
  • [EXTENSION] SIP-1: Adopt and enforce an incentivised LP staking mechanism - Zen Garden
  • SIP-2: Implement a Samurai native OTC NFT solution
  • [EXTENSION] SIP-2: Implement a Samurai native OTC NFT solution
  • SIP-3: Implement, adopt and enforce Samurai Vaults
  • SIP-4: Implement, adopt and enforce Samurai Multichain ZenGarden
  • SIP-5: Implement, adopt and enforce Samurai Levels
  • SIP-6: Replenish Samurai Levels rewards
  • SIP-7: Conduct an OTC NFT acquisition event
  • SIP-8: Retroactive funding
  • SIP-9: Expand MultiChain ZenGarden
  • SIP-10: Conduct an OTC NFT distribution event
  • SIP-11: Temporarily pause Samurai Levels
  • SIP-12: Replenish Samurai Node NFT's rewards
  • SIP-13: Levels v2 Product feature set Ideation
  • SIP-14: Deploy and fund Samurai Governance Vault
  • SIP-15: Implement, adopt and enforce Samurai Levels v2
  • SIP-16: Conduct ā€˜Settlement & Release’ initiative
  • SIP-17: Expand ā€˜Settlement & Release’ initiative
  • SIP-18: Implement, adopt and enforce an update to Samurai Node NFT RPC Endpoints
  • SIP-19: Implement, adopt and enforce Samurai Chat
  • SIP-20: Refine Samurai Levels Parameters and Conditions
  • SIP-21: Retroactive funding 2.0
  • SIP-22: Conduct an OTC NFT acquisition event
  • SIP-23: Conduct an OTC NFT distribution event
  • SIP-24: Enact a Samurai Governance Vault Conversion
  • SIP-25: Refine Samurai Chat Parameters
  • SIP-26: Replenish Samurai Levels v2 rewards
  • Articles / Announcements
    • Samurai is here!
    • Honour
    • News, updates, migration and plans for Honour
    • Clearing the air and moving onwards
    • The path towards sustainability
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  1. 2. Understanding the NODES

2.2 How does sliding tax work?

The sliding tax model functions in the following manner:

Time tiers: 0 - 6.9 days - 50% tax 7 - 13.9 days - 40% tax 14 - 20.9 days - 30% tax 21 - 27.9 days - 20% tax

28+ days (after 28 days is where each node tier is exposed to a different tax rate): BUKE - 5% tax MONONOFU - 8% tax MUSHA- 10% tax

You can view individual tax rates on each of your nodes within the Samurai dApp. When you click on ā€œCLAIM ALLā€, the relevant tax rates are applied to each of the node, it is not averaged.

e.g. If you have 2 nodes: Node #1 with 50% tax rate and Node #2 with 20% tax rate, the protocol will not take an average of 35% tax, rather it will apply 50% tax on Node #1's accumulated rewards and 20% tax on Node #2's rewards.

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The sliding tax mechanism is a deviation from the previous fixed claims tax mechanism that the protocol previously relied on. All taxes (cashout fees) collected by the protocol are a part of the core team's allocation (see section 1.3 and section 1.10 for additional details about the protocol's smart contract functionality, tokenomics and the core team allocations)

Previous2.1 How does the Lottery system work?Next2.3 - How much does a node cost ?

Last updated 2 years ago