don’t understand enough about it (but prepared to learn if it’s worth it) other than you receive a few percentage more yield than staking on cakedefi, and you get to vote on some changes.
Are there any other advantages of running a master node?
- more nodes not at cake looks better from the outside in terms of decentralization - you control your keys, not cake (or other service). for some this is pro, for others con because you are in full responsibility to keep your keys safe - you could freeze for 10 years and in theory sell the masternode before the 10 years, at cake frozen is frozen. - direct cashflow from your masternode with set rewardaddress to dfx payout route - No need to think about sell the DFI (if frozen), in the masternode they are protected from your own emotions
Are rewards being frozen, too, or just the collateral?
Hi! No, rewards are never frozen, they are available 🙂
Thank you, Daniel.
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