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.

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