66% of fees taken by the Skybridge network are rewarded to Metanode operators for helping to secure the network. These fees are paid out in BTC/WBTC and increase as the network processes more volume.
We recommend that you use a reliable serivce provider such as AWS, Scaleway or Digital Ocean. Your instance will need at-least the following specs:
This isnt a strict requirement. But we ask that you be available and hang around in our Metanode Discord channel. This will help us to communicate with you and keep your node up to date with the latest changes.
Skybridge is a proof-of-stake network. This means that your hosted server requires Swingby tokens to be bonded to it in order for it to be considered as a Metanode. Although there are no risks of your bonded tokens being lost, they will have to be time-locked for at-least 1 month.
Currently each bridge allows for 50 Metanodes, meaning that only the top 50 most bonded nodes will receive rewards. There is also a minimum of 175,000 Swingby tokens on the Bitcoin to Ethereum bridge.
Before you begin setting up your Metanode, we advise that you check the Skybridge explorer to ensure that you have enough tokens to become eligible.