Expenditure
In the Transformers blockchain, in order to avoid user fluctuations, we need to stake a certain amount of coins to join the network.
For investors, there is no limit to the amount of coins stake, and the larger the amount, the greater the percentage of rewards they can receive. For verifiers, not only do you need a server, but you also need to stake 1000TTOS, and the node has over 10000TTOS investors stake in order to participate in Transformers chain.
Both of the above behaviors can be released from the stake after a period of time, and your principal can be recovered. so they cannot be fully defined as expenditure behavior, more precisely, they are a currency locking stake behavior. The true expenditure behavior is the gas fee that users need to pay when sending transactions.
Gas fee
Transformers network users need to pay a small amount of TTOS for interaction.For details on gas fees, please refer to Gas fee.
Stake
In order to obtain relevant rights and interests in the Transformers network and participate in the network construction, all trustees and validators of Transformers are required to lock a certain amount of TTOS. The purpose of this is to ensure the security of the Transformers network. Increasing the cost of a small number of people operating the Transformers network can effectively prevent malicious nodes from using witch attacks against the Transformers network. The perpetrators have to give up the motivation to obtain illegal income on the network due to the increasing stakes and high costs they bear.
The pledging of verifiers and investors is a long-term behavior of locking in the amount of currency, and during the staking period, the locked TTOS cannot transfer or used. The income obtained during the stake period can be flexibly used and operated.
Validator Stake
The validator needs to stake at least 1000 TTOS to the account, and is delegated by delegators for more than 10000TTOS to the validator. Transformers networks can give node transaction signatures. In addition to the transaction signature fee, the validator can also claim revenue rewards the next day based on the number of signatures on that day. Please refer to Stake for details on node pledge operations.
Validator > 1,000TTOS
10,000TTOS < Delegators < 65,000TTOS
Delegators Stake
The minimum amount of individual delegators stake in the Transformers network is 35 TTOS, and the maximum amount of equity entrustment that a validator can accept is 65000 TTOS.
The reward obtained by the principal is obtained through the application of the validator. The validator completes the application, and the entrusted income is directly sent to the delegators account address. The principal only needs to find a reliable validator and delegate your TTOS.
Delegators > 35TTOS