❓FAQ

What is Storm Nodes ?

Storm Nodes is a NaaS protocol, aiming to allow their investors to earn lifetime passive income. Storm Nodes has been inspired from several previous projects like Vapornodes, Strongblock. Starnodes and Thor financial.

We plan to use some of our treasury funds to donate to NPO ''Non Profit Organisation'' to help communities who have suffered damage due to storms.

We will allow for community involvement to suggest foundations, help us decide where to send the funds.

When is the launch ?

The launch date will be on March 15th on TraderJoe

How many people are in the team?

There are 2 people in the core team. We have also recruited 4 people to act as community & discord moderators that are not part of the core team.

What problem is Storm nodes trying to solve?

Creating a sustainable wealth creation protocol, that can provide long term passive income for our holders. This is done through sustainability measures, such as rewards rate reduction, anti bot measures and investments of the AVAX earn in rewards pool in actual Node Validators and DeFi Projects in order to keep a certain level of sustainability in our protocol.

How does a node work?

Each node created will receive daily rewards basis calculated by us in order to last our project. These Rewards come from the rewards pool.

Rewards vary in function of the quantity of node you own.

Once you have purchased one you simply hold your node and watch the rewards piles up!.

Will there be a presale or whitelist?

There will be a whitelist where all our whitelisted members will receive a free node. Whitelist requirements : 240 WL for invite contest Last 10 are distributed on a Twitter giveaway

Can I sell my node?

Not planned in v1.

If I don’t claim my rewards on time, will I lose them?

No. You can claim your rewards whenever you like!

How many nodes can you create per wallet?

You can buy a maximum of 100 Storm Nodes per wallet !

Is this a fork?

There is a combination of functionality taken from several successful projects as well as some new functionality and script to allow a long term sustainability.

What is the reward payout?

1.44 $STORM / day / Storm Node for the first two weeks in order to bring more investment to Storm nodes. Rewards will be recalculated for a more long term vision at the end of this first two weeks.

What is the pair token?

The token will be paired with 10 000$ worth of AVAX

What is the initial price ?

Initial price of Storm Tokens will be 1$

What makes Storm Nodes different from the other nodes out there?

We do not want to do like the other protocols by starting off with insane APY's.

We will lower rewards after the first two weeks to be SUSTAINABLE .

We are planning investments on DeFi and Node Validator to keep a perpetual feed of new rewards to Storm Nodes

We will also be intending to create an NFT collection and begin donations to NPO ''Non Profit Organisation'' to help communities who have suffered damage due to storms

Is there a buying/selling tax on the tokens?

There isn't any buying tax

Selling tax is 10%

Anti-Whale Mechanisms?

We programmed the smart contract to allow 500 tokens maximum buy for the first day.

Multi-Sig? KYC? Verified Contract?

Yes, we are going to create a Multi-Sig Wallets in phase 1 after launch where 2 community members chosen by community and our core team will be signature. 3 out of 4 signatures will be required to interact with the smart contract and rewards pool. The contract will be verified. But we aren't closed about it and if the community absolutely want us to do it, we will do so with the funds collected from the project.

KYC\Doxx - will be done in phase 3

Audit?

Will come 2 weeks max after the launch.

Whitelist Free Node Airdrop

All the whitelisters will get airdropped one free node.

We will airdrop the nodes up to 48 hours after launch.