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Network registration

Before setting up a Network, explore the overview, sample use cases, key concepts, and onboarding steps.

Below you will find a step-by-step guide on how to register your Network online.

1. Launch your Network​

Nektar Network overview

2. Define Network basics​

  • Network name: Set the name of your Network.
  • Network description: Provide a brief description of your Network’s purpose and terms for penalties, if any.
  • Project website: Add a link to your project’s website.
  • Logo URL: Provide a logo URL for your Network’s branding.

Nektar Network overview

3. Configure Network request​

  • Type of Network: Your use case category, per required asset flow scenario.
  • Depositing asset: If delegated assets are needed, choose the ERC-20 token that Delegators will deposit. Set to 0 if no assets are needed. Set a high value if you are not sure of the amount and want to get it running for a long period of time.
  • Amount requested: Total amount of liquidity needed from Delegators.
  • Operators requested: Number of Operators that can request to join the Network.
  • Network duration: Duration for which you are requesting liquidity (cannot be changed later).

Nektar Network overview

4. Set up rewards​

Not all of the fields are mandatory, it heavily depends on the Network requirements and method of incentivization.

  • Network reward token symbol: Set the symbol for your Network’s reward token (e.g., GPU).
  • Operator Rewards: Rewards for Operators, per day.
  • Delegator Rewards: Rewards for Delegators based on their contributions, per asset units per day over the whole duration.

Nektar Network overview

5. Confirm and deploy​

  • Review all the settings you configured: Basics, Request, and Rewards.
  • Click Confirm & Deploy to finalize the Network launch.

Nektar Network overview

What happens after registration?​

  • Contract deployment: Once a new Network is registered, its contract is created and deployed on-chain using a factory template.
  • Network whitelisting: Your Network and its tokens must be whitelisted before going live in the marketplace.
  • Going live: After whitelisting is approved, the newly created Network appears in the marketplace.
  • Matchmaking process: Operators and Managers can install the Network into their DAMs, set asset allowances, and enable Delegators to contribute, completing the matchmaking process.
  • Delegated participation: Delegators can start contributing assets based on the established terms.
  • Rewards distribution: Rewards will be distributed according to the configured parameters.

Ready to Launch?​

Visit Nektar app at https://app.nektar.network and click Reward tab to register and launch your Network today!