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==Design and Specification==
==Design and Specification==
Elysium is a high performance blockchain built on the Substrate framework and the underlying engine, it is also EVM Compatible and can work with Solidity Smart Contracts. It is built for NFT and gaming projects in need of a rock-solid blockchain solution. Elysium is carbon-neutral using blockchain solutions that will guarantee true carbon neutrality, through out partnership with Coorest.
Elysium is a high performance blockchain built on the Substrate framework and the underlying engine, it is also EVM Compatible and can work with Solidity Smart Contracts. It is built for NFT and gaming projects in need of a rock-solid blockchain solution. Elysium is carbon-neutral using blockchain solutions that will guarantee true carbon neutrality, through our partnership with Coorest.
 
===Elysium Node Program Types===
 
====Cronus Nodes====
 
Elysium will be guarded and validated by a network of 51 authority nodes using proof of authority (PoA). A blockchain validator is a network node that assists in processing and validating transaction blocks on the platform so that they can be added to the permanent ledger of the blockchain. The Cronus node owners will be known entities. These entities can be partners, game developers, Vulcan Philosophers, respected community contributors, venture capitalists and more. Elysium authority nodes require hardware (server) and special software provided by Elysium. The nodes will be hosted at strategic locations throughout the world using carbon-neutral data centers and servers only. These authority nodes will receive part of the transaction fees generated on the Elysium blockchain. The nodes will also receive a percentage of the royalty fees generated on Elysium.
 
====Demeter Nodes====
 
What do you need to harvest grain and perform agriculture? Land of course! Demeter was one of the twelve Olympian gods of Greek history and was known as the goddess of harvest and agriculture. These land nodes will receive part of the LAVA gas fees generated on the Elysium blockchain. Part of the transaction fee will flow into the Demeter LAVA pool. This LAVA will be distributed between all land plots from level 4 and up. Payouts will be dependent on land plot level and can be determined as follows:
 
*Level 4 plots: 10% of the Demeter fee pool allocated to all plots
*Level 5 plots: 18% of the Demeter fee pool allocated to all plots
*Level 6 plots: 28% of the Demeter fee pool allocated to all plots
*Level 7 plots: 44% of the Demeter fee pool allocated to all plots
 
====Typhon Nodes====
One of the stronger gods in existance, Typhon is a very appropriate god for our PYR and LAVA nodes. (He only lost his epic battle against Zeus) Simply stake PYR and receive LAVA. According to the locking period and your rewards will increase. There are six tiers of Typhon Nodes. Tier 1 is starting at 2000 locked $PYR. A part of all transaction fees generated on the Elysium blockchain will be divided between all Typhon Nodes. All Hades Nodes will also participate in the GOD Pool and NFT Pool.
 
===Elysium GOD Pool===
Owning a God NFT will enable you to boost your staking rewards as follows:
 
*Zeus or Cronus NFT holders will receive a +15% staking rewards for base generation amount.
*All other God NFT holders will receive a +5% staking rewards for base generation amount.
 
Please note that the highest god value will be used and Gods are not stackable.
 
===Elysium NFT Pool===
Also, Vulcanites and OG badge holders will be able to boost their staking income. The NFT Pool will pay LAVA based on the following increased reward boosts:
 
*Each Vulcanite: 1% extra staking reward for base generation amount
*OG Badge bonus: 2.5% staking reward for the total reward

Revision as of 12:34, 30 September 2022

Elysium is Vulcan Forged's carbon-neutral blockchain for metaverses. The first NFTs have been minted and migrated to Elysium as of September 2022.

Design and Specification

Elysium is a high performance blockchain built on the Substrate framework and the underlying engine, it is also EVM Compatible and can work with Solidity Smart Contracts. It is built for NFT and gaming projects in need of a rock-solid blockchain solution. Elysium is carbon-neutral using blockchain solutions that will guarantee true carbon neutrality, through our partnership with Coorest.

Elysium Node Program Types

Cronus Nodes

Elysium will be guarded and validated by a network of 51 authority nodes using proof of authority (PoA). A blockchain validator is a network node that assists in processing and validating transaction blocks on the platform so that they can be added to the permanent ledger of the blockchain. The Cronus node owners will be known entities. These entities can be partners, game developers, Vulcan Philosophers, respected community contributors, venture capitalists and more. Elysium authority nodes require hardware (server) and special software provided by Elysium. The nodes will be hosted at strategic locations throughout the world using carbon-neutral data centers and servers only. These authority nodes will receive part of the transaction fees generated on the Elysium blockchain. The nodes will also receive a percentage of the royalty fees generated on Elysium.

Demeter Nodes

What do you need to harvest grain and perform agriculture? Land of course! Demeter was one of the twelve Olympian gods of Greek history and was known as the goddess of harvest and agriculture. These land nodes will receive part of the LAVA gas fees generated on the Elysium blockchain. Part of the transaction fee will flow into the Demeter LAVA pool. This LAVA will be distributed between all land plots from level 4 and up. Payouts will be dependent on land plot level and can be determined as follows:

  • Level 4 plots: 10% of the Demeter fee pool allocated to all plots
  • Level 5 plots: 18% of the Demeter fee pool allocated to all plots
  • Level 6 plots: 28% of the Demeter fee pool allocated to all plots
  • Level 7 plots: 44% of the Demeter fee pool allocated to all plots

Typhon Nodes

One of the stronger gods in existance, Typhon is a very appropriate god for our PYR and LAVA nodes. (He only lost his epic battle against Zeus) Simply stake PYR and receive LAVA. According to the locking period and your rewards will increase. There are six tiers of Typhon Nodes. Tier 1 is starting at 2000 locked $PYR. A part of all transaction fees generated on the Elysium blockchain will be divided between all Typhon Nodes. All Hades Nodes will also participate in the GOD Pool and NFT Pool.

Elysium GOD Pool

Owning a God NFT will enable you to boost your staking rewards as follows:

  • Zeus or Cronus NFT holders will receive a +15% staking rewards for base generation amount.
  • All other God NFT holders will receive a +5% staking rewards for base generation amount.

Please note that the highest god value will be used and Gods are not stackable.

Elysium NFT Pool

Also, Vulcanites and OG badge holders will be able to boost their staking income. The NFT Pool will pay LAVA based on the following increased reward boosts:

  • Each Vulcanite: 1% extra staking reward for base generation amount
  • OG Badge bonus: 2.5% staking reward for the total reward