FAQ

Where does the money come from

Who pays for what nodes receive

Selinos, from its own treasury. The value credited to nodes is not trading volume and not revenue the protocol earns, and nothing else pays into node balances.

That is stated on the landing page, in the contract comments, on How accrual works, and in the mode field of every round returned by GET /api/distributions.

Can that funding stop

Yes. It is funded at Selinos’s discretion and can be reduced or stopped at any time, with no notice period and no obligation. Nothing in the contract compels anyone to credit anything.

What return will I make

Nobody can tell you, and Selinos does not publish a figure. There is no rate, no yield, no APR and no payback period anywhere on this site, because publishing one would be inventing it. What a node accrues is whatever is credited to it.

Nodes

What am I actually buying

A numbered record in a contract: an id, an owner, a creation time, a balance, and the running totals received and withdrawn. The balance is real HYPE held by the contract against that id. Not a token, not a deposit, not a share of a fund, not a validator. See Node model.

Can I sell or transfer a node

No. There is no transfer function and no marketplace. The only way to hold a node is to pay for one from the address that will own it. Any offer to sell you one is a scam.

Can I get my 0.6 HYPE back

No. Your payment is a plain transfer to the payments wallet, which is an ordinary account outside the contract. It is not escrowed, not held on your behalf, not refundable, and not recoverable by retiring the node. Nothing in the contract can reverse it, because the contract never received it.

I paid and no node appeared

Payment and minting are separate steps, so a gap is normal: the watcher waits a couple of blocks before picking a transfer up, then the relayer mints against its hash. A node usually appears within a minute. If it does not, keep the payment transaction hash, which is what the node is minted against, and ask through the account in the site footer. If the amount was not exact, the transfer is held for review and sorted out by hand. Troubleshooting has the full list.

How many can I hold

25 per wallet, enforced in the contract. A determined person can use several wallets; the cap is friction, not a fairness guarantee. See Limits.

I lost the wallet that owns my node

The node is lost with it. Ownership cannot be reassigned by anyone, including the contract owner, because there is no function that could do it. This is the price of the same property that stops anyone taking your node.

Payouts

When do I get paid

Whenever you withdraw. Nothing is pushed to you on a schedule, and there is no interval or countdown published anywhere. Value is credited to your node, and it becomes HYPE in your wallet when you send a withdrawal transaction, which confirms in well under a second on Elysium.

Is there a minimum withdrawal

No, beyond having something to withdraw. There is no maximum either, and no amount field: withdraw and withdrawAll take no amount and always move the whole balance. The only reason to wait is gas efficiency, and nothing accrues faster for being left in place.

Does Selinos take a cut of my withdrawal

No. The full amount is transferred. You pay the gas for your own transaction, as with any transaction you send.

Can I withdraw to a different address

Yes. to is an argument you pass, and the contract accepts any non-zero address. Because you are the one sending the transaction, nobody else gets a say in it and nobody else could redirect it. There is also nothing to stop you naming an address you cannot spend from, so check it. An exchange address only works if that exchange accepts HYPE deposits on Elysium; otherwise withdraw to a self-custody wallet. See Destination addresses.

My withdrawal reverted

Your balance is untouched. Every failure mode reverts the whole transaction, costing gas and nothing else. Match the error against the table on Troubleshooting.

Trust and safety

Can the operator take my balance

No. rescue is the only way HYPE leaves the contract other than a withdrawal, and it reverts with ExceedsFree for anything above freeBalance(), which is the contract balance minus outstanding, the sum of every node balance. Your balance is inside outstanding from the moment it is credited, so it is outside what the owner can reach, under every sequence of calls. What the operator can and cannot do is listed exhaustively on Security model.

Can withdrawals be paused

No. The pause flag is read by mintFor and nowhere else, so pausing stops new nodes being created and nothing else. Neither withdraw nor withdrawAll looks at it, and there is no other setting that touches them.

Is it audited

No. There is no third-party audit and none is scheduled. There are 112 passing tests including fuzzed invariants, which is not the same thing. See Audits.

Can the contract be upgraded

No. There is no proxy and no implementation slot. The code at the address is the code that was deployed, and it stays that way.

What if Selinos disappears

The contract keeps working, and every node owner can still call withdraw for whatever balance they already hold. Withdrawal needs nothing from Selinos: no server, no signature, no permission, not even this website. The contract source is verified on the explorer, so the call can be made from any tool that sends a contract call, including cast.

What stops is new credits. Only the distributor can call creditBatch, so if Selinos stops operating, nothing new is ever credited to any node. Balances already on your nodes are unaffected. That dependency is stated as a risk on Risks.

Practical

Which network is this

Elysium, chain id 99901, and nowhere else. There is no deployment on any other chain, HyperEVM included. HYPE is the native currency, and gas is a fraction of a cent.

Is there a token

No. There is no token, no ticker, no presale and no allowlist. A node is bought with HYPE and pays out in HYPE.

Will anyone ask for my seed phrase

How do I check any of this myself

Everything that matters for money is on chain and readable without this website. Start with Addresses, then Factory interface. If a claim on this site cannot be checked against the contract, treat it with suspicion.