Two ways to earn UTG rewards in UltronGlow’s PoS consensus:
1) Delegate your stake to a stake pool run by someone else.
2) Run your own stake pool.
UltronGlow's block production is based on the PoS consensus, but unlike the PoS consensus of other traditional blockchains, UltronGlow PoS is produced by Ultron Nodes at different levels. UltronGlow’s PoS improves the transaction confirmation speed. Ideally, the confirmation time is consistent with the time of generating a new block, which greatly improves the processing efficiency of the blockchain. At the same time, the multi-level selection method provides more fair blocking opportunities for all candidate nodes. A stake pool with more stakes possess a higher chance to become an Ultron Node to add the next block and receive a monetary reward for doing so. The rewards that it earns are shared between everyone who delegated their stake to that stake pool.
Delegation is the process by which UTG holders delegate the stake associated with their UTG to a stake pool. It allows UTG holders that do not have the skills or desire to run a Stake Pool Operator to participate in the network and be rewarded in proportion to the amount of stake delegated.
And Make A Better World Together
The incentive mechanism is to encourage UTG holders that support the UltronGlow network spontaneously and to ensure the longevity and health of the UltronGlow network and ecosystem. The incentive mechanism is underpinned by scientific research that combines mathematics, economic theory, and game theory.