FAQ

Basic details

I do not have a PLI token, how do I purchase it?

You are free to purchase from the following exchanges (Bitrue, Liquid, HitBTC, Globiance - Check the index pair on our website www.goplugin.co)

How many tokens can stake/node

You are allowed to stake 2000 PLI per node which is the minimum requirement and a staking period will be 1 year.

How do I stake

After setting up a node, you will have to submit the node details in our platform, and you will get an acknowledgment on the same. You have to stake 2000 PLI tokens in our smart contract.

Can I stake more than 2000 PLI per node?

Yes, please!. The maximum stake allowed per node is 8000 PLI tokens now. However, 2000 PLI is the minimum staking requirement per node.

How does staking work for Bounty winners

For Bounty Winners such as 90% or 50% discount, they are expected to stake only 200 PLI or 1000 PLI respectively for the first NODE. The Remaining PLI will be staked on behalf of users by the Plugin Team.

I purchased PLI in exchange?, can I run the node using that

Yes certainly you can but are required to move the PLI tokens to any of the wallets mentioned below:
  • XDCPay

Can I host more than 1 Node?

Yes, you are free to set up more than 1 node now. We are allowing the node operators to set up a maximum of 4 nodes at the moment.

How long the staking period will be?

The staking period is 1 Year. During this time, your token will be locked in the smart contract.

How does the rewarding/incentivization logic work?

To begin with, you will be receiving a 10% of your staked PLI Tokens for the first month, subject to review by the Governance Committee, onto your wallet. A good reputation is necessary to avail of the reward. NOTE: Please note, members may receive the reward amount in their wallet with a difference of 1 or 2 days, due to global time difference. Please wait for two days before approaching Plugin team for your reward queries.

How does the penalty work?

If there is any downtime, the percentage of reward will be in proportion to the uptime. In case of any bad behavior, like misleading information or inputs will allow the PLUGIN team to deactivate your Node.

Can I un-stake or request for early release?

Only node operators with a high reputation can request for un-stake or early release. In other cases of emergency of Node Operator, the Governance Committee will take a considerate decision on receipt of the request.

What happens to my rewards when I unstake, rebuild my node and restake?

  • During this process, if your node address is changed, then your rewards are calculated afresh from the date of your new node staking.
  • During this process, if your node address is not changed and remains the same as old address, then there is no impact to your rewards. Important Note: If a member has a staking reward day on 15th day of each month and if member unstakes on 10th day and does rebuild, restake etc., then the reward on 15th will not be given, instead the reward will be calculated from 10th day onwards. So you might be missing 25days reward.
  • So, please plan your unstaking, rebuild and restaking process immediatley after your reward day.

What if my node is deactivated by myself? can I un-stake it?

No, you will have to wait till the staking or lock-in period is over, otherwise, a pre-closure withdrawal penalty would be imposed as decided by the Governance Committee.

I didn’t get any bounty offer, can I go ahead and get registered as a node operator?

Yes, you are most welcome to set up your nodes. However, the request has to be routed through the governance committee to display your nodes in the marketplace.

I have all my PLIs in Exchanges or other wallets. Should I transfer all the PLIs to XDCPay?

Not necessary, only the required amount that is to be staked could be in XDCPay. Also, we need to communicate with your XDCPay wallet for reward transfer using web3.

Can I also support connecting Plugin to data Feed providers?

Yes, you are welcome. We have a sound business model for Data Feed providers as well as for Node Operators, who provide their services as data feed providers or connect plugins to Data Feed Providers. To know more, you may approach us at [email protected]

My node went down, is there any impact on my staked PLI?

No, the staked PLI is at the "Contract" level. So your staked PLI is safe. But please keep in mind, that when you are resetting the node, the same node address is necessary to reuse the node.

I want to switch to a new "Server", how do I migrate?

We have a backup mechanism in place, in a newly set up automated script. If you have set up a node using the legacy method, you should be able to take a backup of your DB, node files into the new server. Check our Discord channel for more information

How can I migrate to a new Server?

We have a backup mechanism in place, in a newly set up automated script. If you have set up a node using the same, you should be able to take a backup of your DB, node files into the new server. -- No re-staking is required if the node and wallet address is the same.

My server crashed and I lost my node. What should I do?

This mostly happens, if the node is not frequently given a review. So would recommend every node operator to review your node and make sure it is up-to-date with security patches. Due to unforeseen circumstances if it goes down, then follow the below steps
  • Submit a ticket with valid justification and server issue details, such as server down details for quick approval from the Governance committee end
  • Wait for a response in the Ticket
  • Once you get a "nod" from a committee, you can proceed with "Withdrawal"
  • Setup a new node, submit the node details for our review & "Stake" again.

Do I need to submit the "Alarm" clock test job for review?

Ensuring your node is running fine is most important, before you submit the node details for review. So "alarm" clock testing is necessary for the same. But you need not submit the same in the "Job" submission section in "oracles.goplugin.co"

My Reputation is always 0, is there anything I should do?

Reputation calculation is ready with the basic algorithm. All you have to do is, keep your node running 24/7 and ensure the high availability of nodes. Random verification of the node is scheduled and it happens every day. So if your node goes down even a day, the reputation for the month is -- 29/30 and it calculates the rating for the month accordingly.

What is the ETA for a ticket?

ETA for each ticket is 24 to 48 hours. Depending on the complexity and the nature of the issue, it might take a few additional days. But please keep in mind that, you will get periodic updates about your ticket from our team. To provide a quicker resolution, suggest you provide more details about the issue.