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Node GUI

Overview​

Installation​

Minimum System Requirements​

  • Storage Capacity: 900 GB
  • Upload Speed: 20 Mbps or 2.5 MB/s
  • Download Speed: 20 Mbps or 2.5 MB/s
  • Read Speed: 20 Mbps or 2.5 MB/s
  • Write Speed: 20 Mbps or 2.5 MB/s
  • Uptime Percent: 90%
  • Storage Used: no minimum set, depends upon the usage
  • Demand percent: no minimum set, depends upon demand

Following the setup of your device as a node, the network requires storage providers to demonstrate their commitment to the network and stake a balance of IAG tokens that is proportionate to the storage they wish to provide. The number of tokens required is dynamic and changes based on the current value of IAG tokens and how much storage a user wishes to provide. The calculation is as follows…

Base USD Staked per GB: Initially set at $0.5 per gigabyte (GB) committed. Represents the minimum staking requirement in USD for each GB of storage.

Alpha Coefficient: Alpha determines how sensitive the staking requirement is to the IAG token price. Currently preset at 0.9 (subject to adjustment based on market research).

Formula:

IAG to be staked = Storage (in GBs) * (Base USD Staked per GB + Alpha * (Base USD Staked per GB / IAG Value))

Installation Steps​

Download the latest version of of Node GUI

Visit https://github.com/Iagonorg/mainnet-node-GUI/releases/latest to download the installation package for your operating system.

Windows​

Linux​

  • Download AppImage file
  • Open a terminal window.
  • Navigate to the directory where the installation package is located.
  • Enter the following command to make it executable
    • for eg: chmod +rwx ./ Iagon-Storage-Node_1.0.1
  • Double-click on it to run it.
  • Follow the on-screen instructions to complete the installation process.
  • Once the installation is complete, Iagon Storage Node is ready to use.

MacOS​

  • Double-click the downloaded DMG file to mount the disk image.
  • Drag the Iagon Storage Node application icon to the Applications folder.
  • Eject the Iagon Storage Node disk image.
  • Open the Applications folder and locate Iagon Storage Node.
  • Double-click to launch the application.
  • Follow the on-screen instructions to complete the installation process.
  • Once the installation is complete, Iagon Storage Node is ready to use.

Configuration​

Step 1 Launch Application - Node GUI​

Open the Iagon Storage Node application on your device.

Step 2 Specify PORT​

Specify the port for the Node to operate. The default port is randomly generated. Optionally, users may choose an available alternative port.

Step 3 Specify file storage path​

Choose a file path for Iagon Node GUI to store files. Ensure that the selected path has adequate free storage space and hit Evaluate.

Step 4 Specify file storage size in GB​

Enter the storage size in GB that you want to provide.

Step 5 Receive authorization key​

After all the configuration is setup, you will receive an authorization key.

Usage​

Now that you've installed and configured Node GUI, let's start using it!

Basic Usage​

Step 1: Login to app.iagon.com​

Step 2: Navigate to the ‘Provider’ tab as seen on the right side of your screen​

Step 3: Add Your Node​

  • Navigate to the ‘Nodes’ tab on the left menu
  • Click ‘+ add’ on the “my nodes” widget
  • Name your node and provide the authorization key (This was given to you at the end of the node setup)
  • If you want to change storage size OR stake amount before committing, you can change it in this step. (Optional)
  • Specific how much of your available storage you wish to provide and stake the proportionate amount of IAG token.
  • Stake IAG according to the calculated amount

Note: Once you have staked your IAG, you won't be able to resize the Node. This feature will be available in the future releases.

Monitoring Your Node​

View Your Node Analytics​

The ‘Provider’ tab of the Iagon app serves as a dashboard through which you can manage your nodes, monitor their performance and track your rewards for contributing to the network.

You can view your node info on the provider dashboard.

Your node's performance is calculated using a range of 0% - 100% based on the performance calculation here

View Fees and Rewards​

You will be able to view fees and rewards accumulated in the provider dashboard.

Claim Fees and Rewards​

You can claim fees every month for the provided storage according to the calculation. Staking reward for epoch n are calculated at n+1 epoch but distributed at epoch n+73 epoch. Rewards can be claimed as they are available.

Change authorization key​

If you forget the authorization key and haven't staked the IAG, you will be able to generate a new authorization key from Node GUI application.

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