LBS Node

About LBS Node

1. Responsibilities

• Ensure the secure operation of the LBS chain, LBS data, and on-chain transactions through stable network computing.

• Process LBS data, including Data Labeling, AI Analysis, and Verification.

2. Requirements

• Stake $LBS Token.

• Provide physical servers (TBA) to fulfill assigned tasks (Refer to 1).

• Organize users to participate as LBS Hunters for data labeling.

3. Earnings

3-1 Gas Fee

3-2 $LBS Token Rewards

Phase	$LBS Tokens Quantity
Testnet	2,600,000
Mainnet	24,000,000

At least 50% of the earnings from each node will be allocated to LBS Hunters as their rewards for data labeling. Each node can set its specific reward percentage, which cannot be below 50%. For example, Node A sets a reward of 55%, while Node B sets it at 50%. According to the free market principles, more users are likely to choose Node A for labeling tasks, resulting in higher efficiency for Node A and consequently generating more earnings.