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On this page
  • Benefits of Participation
  • How to Participate
  • Initial Lock
  • Increase Lock
  • Extend Lock
  • Withdraw Lock
  1. Technology
  2. LORDCHAIN

Master Validator

Getting to Know the Master Validator

PreviousLORDCHAINNextBecoming a validator Owner

Last updated 5 months ago

The Master Validator in LORDCHAIN is the main Node Validator operated by the BLOCKLORDS Official Team to play a pivotal role in securing the game's infrastructure and rewarding dedicated users. By participating inside and locking up $LRDS, you actively contribute to the stability and functionality of the L3 network, ensuring smooth gameplay and stability in this dynamic medieval strategy world. This initiative is designed to enhance the network's security and decentralization while providing participants with exclusive rewards and opportunities.

Benefits of Participation

  1. $LRDS Incentives: Earn $LRDS rewards based on a dynamic APR.

  2. Join Governance: Accumulate veLRDS governance tokens to shape the future of BLOCKLORDS.

  3. Exclusive Airdrop: Gain access to rare bonuses such as NP (Node Power), New Hero NFTs and other rewards tied to your staking duration and commitment.

  4. Support the Ecosystem: Help maintain a robust and fair infrastructure for all players.

How to Participate

Initial Lock

  1. Go to the LORDCHAIN and Connect your wallet.

  1. Go to the Validator page and find the BLOCKLORDS Master Validator. You can see all the information in this page including Live APR, Total lock etc. Click on the “Lock” button to continue your Lock.

  1. Choose how much $LRDS and how long you want to lock in the Lock Pop-up Panel. You will be able to preview Live APR and how much veLRDS voting power you will receive.

Process the “Approve $LRDS” lock amount transaction to approve the Validator smart contract to be able to access the right amount of $LRDS you want to lock.

  1. Process the “Lock $LRDS” transaction to lock the $LRDS into Master Validator.

  1. Done! Now you have already locked down based on your demand and begin to enjoy the $LRDS rewards!

Increase Lock

  1. Once you already have a lock on Master Validator, you can always go to the “My Rewards” Tab to check on your lock status.

  1. During the lock period, you can always increase your lock by any amount of $LRDS.

  2. Increasing $LRDS will grant you more veLRDS voting power and also lead into greater $LRDS reward based on the current APR.

  1. Process the “Approve $LRDS” lock amount transaction to approve the Validator smart contract to be able to access the right amount of $LRDS you want to increase.

  2. Process the “Lock $LRDS” transaction to lock the $LRDS into the Master Validator.

  3. Done! You have now increased the amount of $LRDS locked.

Claim Lock Rewards

  1. Once you already have a lock on Master Validator, head to the “My Reward” Tab to check on your lock status and current reward amount.

  1. Click on Claim to start the reward claim transaction.

  2. Wait for the transaction to complete and then the $LRDS rewards will be in your wallet.

By locking $LRDS tokens, you not only earn significant rewards but also take on an active role in shaping the game's future. Whether you're a seasoned strategist or a new adventurer, the Master Validator program offers a rewarding opportunity to enhance your BLOCKLORDS experience.

Prepare to lock your tokens, strengthen the network, and reap the rewards of your commitment!

Extend Lock

  1. You can “Extend” your lock period up to a maximum 4 years lock-up at any time.

  2. Extending your lock will grant you more veLRDS voting power.

  1. You can also enable Auto Max-Lock Mode to continuously receive 1-to-1 Voting Power.

  1. Once activated, this sets the lock to maximum unlock time (4 years), until disabled. Once disabled, the regular vesting unlock time will apply. Maximum unlock time grants a continuous 1-to-1 voting power to the amount of locked tokens.

  2. Press “Extend” and process the Extend transaction to complete the extension of your lock.

Withdraw Lock

  1. You can “Withdraw” your lock once your lock period ends.

  1. Click on “Withdraw” and confirm the transaction will withdraw all your locking $LRDS and also claim all unclaimed $LRDS rewards at once.

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