// Section 8.5 · Token
Staking (no slashing)
Operator stake. No slashing.
// 8.5 · staking · live at launch · 50,000 prlx floor per node
$PRLX staking is the capital a node operator locks to register a node. It is not a yield product and not a seizable bond. The stake does three things at once: it sets the node reward weight (more stake, larger share of the live stream), it raises the cost of running sybil nodes, and it acts as liveness collateral the operator has skin in. It is never slashed: the principal is returned in full on unstake.
NodeRegistryLocker is permissionless. Anyone calls registerNode(stakeAmount, hardwareTier, nodeKeyHash). There is no allowlist and no registrar. The stake floor is 50,000 $PRLX; above it the amount is variable and scales reward weight. One stake = one node, no top-up: each call mints one independent nodeId with a fixed stake, and a wallet may register unlimited nodes.
Operator identity
// the wallet IS the operator · on-chain handle for the entire lifecycle
An operator's identity in the protocol is a single Ethereum address. The same wallet is the address that calls registerNode and locks the stake, the address bound to each nodeIdin the contract, and the address that receives reward claims. Liveness heartbeats and PoE commitments are signed by a separate low-value node keypair, never the staking wallet key. There is no separate “operator account” concept beyond the wallet itself.
Wallet calls registerNode(stakeAmount, hardwareTier, nodeKeyHash). No allowlist, no registrar.
The call locks stakeAmount (>= 50,000 $PRLX) and mints one sequential nodeId.
The node CLI signs heartbeats and PoE commitments with a separate low-value node key.
Wallet calls claim(nodeId) anytime to pull the accrued-unclaimed reward balance.
Pseudonymous by design. The wallet identifies the operator on-chain and to the coordinator; no real name, KYC, or off-chain identity is required at the protocol level. Onboarding is permissionless from launch: there is no curated cohort and no off-site gating.
The key facts
// floor · cooldown · principal always returned
Minimum per node. Variable above it; more stake means more reward weight. Unlimited nodes per wallet.
Between requestUnstake and withdrawStake. The node is retired at requestUnstake; the principal is untouched.
NodeRegistryLocker is live from launch. Permissionless: anyone can register a node from day one, no allowlist.
No slashing. There is no slash function and no slasher role. The full stake is withdrawable after the cooldown.
The 6-step lifecycle
// 8.5.1 · install to withdraw · stakes do not pool
Install the node CLI
Run the install script. It downloads the signed binary, verifies the SHA-256 against the published release manifest, and installs it. Bootstrap a config file with the operator wallet address and hardware declarations. The CLI uses a separate low-value node keypair for liveness, never the staking wallet key.
Register the node
The operator calls registerNode(stakeAmount, hardwareTier, nodeKeyHash) from the staking wallet, locking stakeAmount (>= 50,000 $PRLX). The call mints a sequential nodeId. The CLI submits a signed capability manifest matching the declared hardwareTier to the coordinator.
Go online
parallelix-node start --node-id <id> attaches the machine, sends signed liveness heartbeats to the coordinator, and serves dispatched ParalleliX AI inference requests whole through Ollama.
Earn rewards
While the node is online, OperatorStakeRewardsV2 streams to its earned(nodeId) balance every block, weighted by stake x tier (§8.6). The operator calls claim(nodeId) anytime to pull it to wei precision.
Request unstake
The operator calls requestUnstake(nodeId). The node moves to cooling, stops earning, and the coordinator stops dispatching to it. A 7-day cooldown starts. cancelUnstake aborts it.
Withdraw stake
After 7 days, the operator calls withdrawStake(nodeId). The contract returns the full principal, with no deductions, because there is no slashing. To rejoin, register a new node.
Each node has its own stake, its own cooldown, and its own accrued reward balance. Stakes do not pool. Locked stake and the reward balance live in separate contracts; the reward path never touches principal.
Caveat·Live and permissionless
Deployed contracts
// ethereum mainnet · live + verified on etherscan
What the stake is, and is not
// 8.5.2 · reward weight · sybil cost · liveness collateral · never seizable
Misbehaviour is disciplined entirely through lost earnings, not through seizure. A node that fails validation or goes offline stops accruing from the stream second by second, but its locked principal is untouched and fully withdrawable after the cooldown.
What this is not
// boundary clarification
Holding $PRLX in a wallet does not stake. The only stake in the protocol is operator collateral, accessible only to addresses running nodes.
No staking derivative tokens, no liquid staking products, no auto-compounding or rebasing wrappers exist in the protocol.
$PRLX held in a wallet generates no yield, dividends, fee share, or revenue distribution. Earning requires a registered, online node.