Core to our business is removing trust from humans by using crypto-native systems and protocols. Where we cannot use an autonomous systems, we lean on our experience to build the most robust and transparent methods possible.
Generally, our team will use multiple front-facing cloud nodes, and then operate bare metal servers privately when security schemes call for it. All private keys are backed up in multiple geographical, and jurisdictional locations and are held with m of n key splitting recovery schemes to prevent single points of failure. It is very important to stress that Airfoil is a security company first, and a staking company second.
With most of our clients being VCs, we are in a unique position to educate them on the happenings within the IoTeX universe from an on-chain perspective. Ultimately our decisions are up to our clients, but our clients have a vested interest in seeing the IoTeX network succeed. We do not work with traders, or any other short-term thinkers. We're in it for long term value and so are our clients.
20% of rewards will be retained by Airfoil on behalf of our clients. The split that we offer our clients is confidential, but if you are interested in becoming a client, please contact us directly for service options. A portion of this reward stream will also be used for the betterment and proliferation of the IoTeX network.
100% Yes. When you stake your tokens in the IoTeX network they are locked in a smart contract managed by the IoTeX team, Airfoil does not have any control over your tokens. We are only delegated the ability to validate transactions on your behalf if you choose to vote for us.
Reward distributions will happen as soon as possible after they are distributed to Airfoil. During the rehearsal period these times may shift up or down depending on the state of the network. However once the network is running on main-net and stable, our team will implement automated reward distributions.
To vote your tokens, all you need to do is follow the guide here: https://youtu.be/2z-DbJsODsQ
The number one reason to vote for Airfoil to validate on your behalf is because our team has extensive experience in not only running the technology behind the IoTeX system, but also experience in working with sophisticated investors. Our firm is backed by multiple VC firms, and is investing in infrastructure to build the future of crypto. We’re a real company, with real customers and employees, not just a few people in a co-working space.