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Hemi Network is a modular Layer-2 protocol. Join a node license sale and purchase Validator Passport, which serve as license to operate nodes, earning rewards while securing the network.
Activity Overview
How to participate
Sale Details
- Whitelist Sale: Runs from February 3-6, 2025 for verified testnet users.
- Public Sale: Runs from February 10-13, 2025.
- KYC Requirement: Participants must complete KYC to finalize their purchases.
- Transferability: Validator Passports will become transferable one year after purchase.
Private Whitelist Sale:
- The private whitelist Validator Passport sale will go live at 2:00 p.m. UTC on https://passport.hemi.xyz.
- To check your whitelist and discount status, lookup your address on https://whitelist.hemi.xyz/.
Validator Passport Tiers:
A total of 24,200 Validator Passports will be available across three tiers, each offering different benefits, reward opportunities, and distribution schedules:
Pathfinder
- Validator Passports Available: 1,100
- Price Per Validator Passport: $500 USD
- Rewards Unlocked at TGE: 10% upon successful setup and operation of the node.
- Reward Distribution Schedule: Evenly distributed over 48 months upon continued successful operation of the node.
- Bonus Rewards (upon successful operation of the node):
- Upon successful decentralization of the sequencer (estimated Q3 2025):
- 10% of sequencing base fees collected by the protocol (capped at 2x the Validator Passport purchase price).
- All of sequencing tip rewards for transactions the validator incorporates into blocks they sequence (capped according to the tier’s reward distribution schedule).
- Upon successful decentralization of the sequencer (estimated Q3 2025):
Voyager
- Validator Passports Available: 3,300
- Price Per Validator Passport: $620 USD
- Rewards Unlocked at TGE: 20% upon successful setup and operation of the node.
- Reward Distribution Schedule: Evenly distributed over 24 months upon continued successful operation of the node.
- Bonus Rewards (upon successful operation of the node):
- Upon successful decentralization of the sequencer (estimated Q3 2025):
- 8% of sequencing base fees collected by the protocol (capped at 1x the Validator Passport purchase price).
- All of sequencing tip rewards for transactions the validator incorporates into blocks they sequence (capped according to the tier’s reward distribution schedule).
- Upon successful decentralization of the sequencer (estimated Q3 2025):
Explorer
- Validator Passports Available: 19,800
- Price Per Validator Passport: $750 USD
- Rewards Unlocked at TGE: 30% upon successful setup and operation of the node.
- Reward Distribution Schedule: Evenly distributed over 12 months upon continued successful operation of the node.
- Bonus Rewards (upon successful operation of the node):
- Upon successful decentralization of the sequencer (estimated Q3 2025):
- All of sequencing tip rewards for transactions the validator incorporates into blocks they sequence (capped according to the tier’s reward distribution schedule).
- Upon successful decentralization of the sequencer (estimated Q3 2025):
Additional Details:
- Validator Passports will be sold in USDC on Arbitrum.
- Buyers will receive an NFT as proof of ownership for the Validator Passport License.
- Validator Passports can be transferred freely one year after purchase.
Validator Passport Limits:
For both the private whitelist and public sales, the following node limits will apply:
Pathfinder:
- First 6 Hours of Private Sale: 10
- First 16 Hours of Public Sale: 100
Voyager:
- First 6 Hours of Private Sale: 30
- First 16 Hours of Public Sale: 300
Explorer:
- First 6 Hours of Private Sale: 180
- First 16 Hours of Public Sale: 1,800
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