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Upgrading bonPION NFTs
The methods for enlarging bonPION NFTs to get higher rewards
The amount of the rewards of running nodes on Pion network is in direct relation with the amount of bonPION each operator holds. There are two methods for enlarging NFTs: Increasing and boosting.
- 1.Increasing: This is the simpler but less profitable option. one just needs to buy PION from the market and lock it as bonPION.
- 2.Boosting (2X): This is the more profitable option. A user can provide us with USDC tokens and, in return, receive bonPION with a discount. At launch and for a limited period, the discount is set at 50% but may change in the future. Unlike increasing, this option has a limit: the maximum USDC each operator can give is the same as their bonPION amount. After a person has boosted their NFT to its limit, the only way to enlarge the NFT further is purchasing more PION from the market and increasing the amount of bonPION.
Procedure for Boosting an NFT
To increasse your NFT, refer to the Pion dashboard, connect your wallet and click on the Manage button.
You are then forwarded to the next page where you should add the amount of USDC you provide and click on Approve.
Having approved the transaction on your wallet, your node power will be upgraded.
Last modified 1mo ago