Key Updates
For telegram users, we have a channels for updates only at https://t.me/OnwardNodeUpdates and a chat for delegators at https://t.me/OnwardNodeChat .
23 Feb 2023: Minimum commissions across all nodes, including our node, were set at 5% after the network update with release v4.2.2.
14 Feb 2022: 2022 commissions updated. Updated social media profiles on Twitter and Telegram.
1 Apr 2021: We have upgraded our node infrastructure and to commemorate this milestone with all the early supporters of this node, we sent a token to those who delegated to us before the upgrade! The blockchain proof is here.
What you need to know about our node
Maximise your staking rewards
Lower commissions means higher rewards for you! How do we do this? We are able to cover the cost of running our network with other revenue sources at the moment. As of 23 Feb 2023, the minimum commission for all nodes is 5% due to proposal 15. Prior to this date, we had been operating on zero commissions.
You can view the CRO delegated in the validator node page on the Cronos Main Chain blockchain explorer .
Our node has a hard maximum commission rate of (and can never exceed) 8% with no more than 0.5% increase every 24 hours, so you never have to worry that we quietly jack up the commissions overnight. Changes to commissions will be announced on Twitter and Telegram.
100K CRO minimum self delegation to show our commitment
If a node with low self delegation fails or misbehaves, their penalties will be minimal. The size of our self delegation shows our commitment as any poor performance of the node means a significant financial punishment for us.
Secure, reliable and professionally managed for peace of mind
The validator wallet is secured with a hardware wallet to prevent hacking and node hijacking. Our upgraded node infrastructure is maintained and monitored by the established and trusted masternode hosting provider Allnodes.com for reliable uptime that is needed for consistent staking rewards, and security to ensure the node is not compromised. Our node is supported with:
- Multiple sentries located in different locations to protect traffic to the validator node
- Standby node in case of validator node failure
- Failover connectivity for redundancy
If you are interested in hosting your own Cronos Main Chain node with Allnodes.com, please drop me an email at onward@onwardnode.io , ping me on Telegram ( https://t.me/onwardnode) or DM me on Twitter (https://twitter.com/OnwardNode ).
About Us
Onward is a Day 1 validator node from when the Cronos Main Chain went live. We are from Singapore and celebrate this country as the first where Crypto.com launched their Visa cards in. This node is not an official node of Crypto.com.
Mission
Our priority for running the validator node is for active participation in the network in order to secure it and help it grow.
Please support the node by delegating your Cronos and gain staking rewards!
We have also listed other Singapore nodes and recommend splitting your funds across these nodes too so that we support one another and also reduce your risk in the unfortunate case that any of the nodes goes offline.
Other Singapore validator nodes
X Staking crocncl14vxzdsxtmat7hvz58trk823adg3pjh4xh6ghm6
Lemonade crocncl15ytq4l0alprp4m6a8c3alvtk4mudxcuajd6d4a
F.A.Q.
1. Is this node only for Singaporeans or residents of Singapore?
No! We welcome all who support and want to secure the Cronos networks.
2. Some nodes do giveaways to their delegators or provide extra tools such as scripts for stake monitoring, will you do the same?
To keep things simple and fair to delegators, we will operate by keeping commission rates low rather than turn it into a pseudo lottery, or spend on developing tools. Our focus is to provide a node where you know you can rely on and trust for consistent rewards with low commissions.
DISCLAIMER: As much as no genuine validator would like to go offline, slashed, or be jailed, malicious attacks on the blockchain and incidents can happen. Please do your due diligence when delegating to private validator nodes (as they say DYOR – do your own research) to ascertain your risk appetite and suitability for you. While the CRO remain in your wallet, it is possible that you stand to lose on staking rewards when a validator misses transactions by going offline or is jailed for long downtimes, or even lose a small portion (5%) of your funds if the delegator intentionally acts in bad faith (e.g. does a double signing by hacker). Crypto.com nodes would have a stronger technical and infrastructural team behind them and that is why the commissions tend to be higher on them.
Node Moniker: Onward 🇸🇬
🔥 💎 💪
How to delegate and stake for rewards
The Crypto.com DeFi app for mobile is the easiest way to stake your Cronos.
Staking on Crypto.com DeFi app for mobile
- Tap Earn (bottom menu) > Earn More (button) > CRO
- Specify the amount of CRO to stake then tap the Stake X CRO button
- Tap on the validator name on the right of the words To Validator for a list of validators
- Scroll and look for our node moniker and Tap Confirm Validator
- Tap on Confirm Stake
Staking on Crypto.com Desktop Wallet
Click Staking > Delegate Funds and either input the following validator address in the red box or click on the dropdown to show the list of validators to find our node and specify the amount of CRO to stake.
Cronos Main Chain Node Address:
crocncl165veeem0d255wsdxmqgp7qck44kxua52qfult3
