Pre-Guardian Node Program — First week stats

Theta Labs · · 1 min read

Pre-Guardian Node — First week stats

The Theta Pre-Guardian Node program is off to a great start! For those who aren’t familiar, the PGN is an early preview of Guardian Nodes, the 2nd layer of nodes in Theta’s multi-BFT consensus mechanism. For more info, check out our previous blogs:

Theta Pre-Guardian Node client v1 released

“Update on Guardian Nodes and announcement of the Guardian Node onboarding program

In the first week the program has shown some promising early adoption metrics:

Verified Pre-Guardian Nodes: 467
Total Theta Tokens ‘staked’ in PGN client: 68,323,295
Average stake per node: 146,303
Pending TFUEL earnings to be distributed to nodes: 208,768

We’re very excited to see almost 500 users of the PGN client in just the first week, and nearly 7% of all Theta Tokens accounted for! All this despite the fact that TFUEL earnings are just a fraction of what users will earn for running an actual Guardian Node once they launch in Q3 of this year. It’s thanks to our dedicated Theta community, and a great sign for adoption of the Guardian Node protocol later this year.

A few other notes:

We know there are a lot of Mac users who are eager to run the PGN client! We hear you and will have news on that coming up, as well as a Linux version potentially.

For anyone who is having trouble verifying their Theta address in the PGN client, please email us with details at [email protected].

Pending TFUEL distributions will be made at the end of each month.

As always, please let know any other questions or feedback in the Theta Telegram channel.

Cheers,

The Theta team