Introducing
Chain Games
AppChain Supernet Blockchain
With the launch of the Chain Games 2.0 network, we introduce the Chain Games AppChain Supernet Blockchain powered by Polygon Layer 2 unified blockspace
The Chain Games Supernet AppChain allows for a completely customizable blockspace and blockchain experience
Customized Transaction Costs
This fully EVM (Ethereum Virtual Machine) compatible app-chain allows for 100% compatibility and seamless integration with our existing code on the Polygon PoS and Ethereum blockchains.
With a dedicated app-chain and blockspace, we are now guaranteed a high-throughput and positive user experience not impacted by extraneous activities, high gas fees, and network congestion associated with other shared blockchains. This pivot will provide better performance, cheaper gas costs, as well as faster block times and confirmations with dedicated throughput. With the launch of the Chain Games 2.0 network, we introduce the Chain Games AppChain Supernet Blockchain powered by Polygon Layer 2 unified blockspace.
Native CHAIN Gas Token
Along with this completely customizable app-chain, comes the ability to use the CHAIN token as the native gas token on the network. This provides a predictable and customizable fee structure fully supported via the CHAIN token.
By enabling the CHAIN token as the native gas implementation on the Chain Games Supernet AppChain, we not only add additional functionality and utility to the token, but also now have the ability to reward validator nodes and users who choose to delegate their tokens to secure and protect the network.
In addition, we have enabled EIP-1559 to effectively BURN CHAIN tokens during every transaction, similar to the functionality on Ethereum, Polygon and other compatible EVM blockchains
Why Stake?
Anyone can use CHAIN tokens to help secure and protect the Chain Games AppChain, while earning rewards for doing so
Earn Rewards
Any transactions processed on the Chain Games App-Chain must use the CHAIN token as the native gas token. These gas fees will be split accordingly amongst all validator nodes and delegators in a weighted format.
Any entry fees taking place for games, tournaments and other events will also use the CHAIN token as the medium of exchange and entry. Gaming, tournament and other event fees will also be split accordingly amongst all validator nodes and delegators in a weighted format.
As a validator node, you can set your own commission structure for accepting delegations to your node.
ESG Friendly - Stake Sustainably
The Chain Games App-Chain operates a Proof-of-Stake and Delegated Proof-of-Stake consensus mechanism. This makes the Chain Games staking system ESG friendly, enabling anyone to set up a validator node without using energy-intensive computers, unlike the case with energy-intensive blockchains such as Bitcoin that utilize Proof-of-Work consensus mechanisms.
Each validator node on the Chain Games App-Chain consumes only 546.07 kWh per year.
Grow the Web3 Gaming Ecosystem
Chain Games Supernet App-Chain allows for any developer or gaming studio, whether indie or AAA to enable blockchain functionality within their gaming titles. This includes Web3 wallet connectivity, in-game NFTs, and games-of-skill competitions and tournaments.
By staking, you can help facilitate and grow the Web3 gaming ecosystem.
How to Stake
The Chain Games AppChain operates using the Proof-of-Stake and Delegated Proof-of-Stake consensus mechanisms.The system is permissionless, allowing anyone to join and become a validator node, or a delegator.
Validators of the Chain Games AppChain use their own compute resources to set up blockchain nodes to verify transactions and add new blocks to the blockchain. In return for providing these compute resources, they are rewarded in CHAIN tokens. Validator nodes are units of the Chain Games Supernet AppChain blockchain, and participate in collective consensus work to commit checkpoints on the Polygon PoS mainnet.
Validator nodes have the ability to set their own commission fees and structure for accepting delegators on their node.
Users who choose not to provide compute resources as a validator node, but still want to secure and safeguard the Chain Games AppChain can still earn CHAIN token rewards by participating as a delegator. By delegating CHAIN tokens to a validator of your choice, you can share the risks and rewards of securing the network.
Frequently Asked Questions
What is the Chain Games App-Chain Supernet?
The Chain Games App-Chain Supernet is an EVM compatible customized blockchain specifically tailored for facilitating transactions on the Chain Games network. The Chain Games App-Chain Supernet Blockchain utilizes a decentralized network of Proof-of-Stake (PoS) validators and Delegated Proof-of-Stake (DPoS) participants to secure and safeguard the network. This customized app-chain uses a Proof-of-Stake (PoS) consensus mechanism to process and confirm transactions.
What is Proof-of-Stake (PoS)?
Proof-of-Stake (PoS) is a decentralized system with the goal of achieving distributed consensus amongst network participants. Being a permissionless system, anyone with the required amount of tokens can choose to lock up their tokens to secure, safeguard, and contribute to the consensus operations of the decentralized network, in exchange for economic incentives for doing so. Users who choose to stake their tokens validate transactions on the blockchain by voting on proposals of transactions, or sets of transactions to be included in future blocks or sets of blocks that are to be committed in future checkpoints if consensus is achieved. The system uses a weighted algorithm in terms of the amount of tokens staked to achieve this goal.
What is the incentive to become a staker on the Chain Games App-Chain?
Users who choose to become a validator node or participate in delegation earn rewards in the native CHAIN token.
Validator nodes are rewarded for providing compute resources to process transactions and blocks, whereas delegators are rewarded for providing their tokens to stake to further secure and safeguard the network.Validator nodes can also choose to set their own commission fees for accepting delegators to their nodes.
How are staking rewards allocated to stakers?
Any transaction on the Chain Games App-Chain requires the CHAIN token as the native gas token on the network. Also, any entry fees into games, tournaments, and events require the CHAIN token to be used as the medium of entry.
The transactional fees paid in the CHAIN token, as well as entry fees as detailed above will be paid out accordingly to stakers in a weighted fashion. The more CHAIN tokens a validator or delegator stakes, the higher the reward rate will be for said participant.
Is there a minimum amount of CHAIN tokens required to become a validator node?
Currently there is a minimum of 250,000 CHAIN tokens required to become a validator node.
What are the minimum system requirements for setting up a validator node?
Minimum requirements:
-RAM: 32 GB
-CPU: 8-core
-Storage: 2.5 TB SSD
-AWS Equivalent: c5.4xlarge
Recommended requirements:
-RAM: 64GB
-CPU: 16-core
-Storage: 5 TB SSD
-Bandwidth: 1Gbit/s
These requirements ensure your nodes will be well-equipped for current and future network demands.
Is there a minimum amount of CHAIN tokens required to become a delegator?
Currently there is a minimum of 1 CHAIN token required to become a delegator.
How long is the cooldown period during the unstaking process?
Your tokens will be locked for 10 days in what's known as the “cooldown” process before you can withdraw them.