The fee for standard certificate issuance on REMChain is set at a fixed fiat currency amount per year in REM tokens, with pricing based on a weighted average exchange rate of REM at the moment of transaction generation. Approximately 90% of the certificate price goes to the masternode as reward for its work, while 10% goes to the REMME masternode for an insurance fund and maintenance fee.
In order to ensure the correct operation of our consensus algorithm and equal reward distribution, we have been refining a reputation-based system. It will reflect each masternode owner’s financial contribution, flawless performance, and uptime.
Masternode operators whose applications are approved and who provide flawless operation will be able to earn the highest reputation within REMChain as well as gain an advantage over newcomers, who will join during the next stage.