Overview

To promote the long-term sustainability of its system and achieve a healthy self-governing economic cycle, Transformers Chain (Referred to as " Transformers ") has established long-term incentives for its network participants and ensures long-term security and decentralized character of the network.

The core players of the transformers are the clients and the validators. They provide a secure and decentralized network base for various interactive behaviours on the transformers. Long-term incentives for the verifiers based on the protocol algorithm, the award will be issued for additional issues based on the initial circulation of the founding block, we define it as the long-term inflation in the TTOS. Inflation will be elastically reduced or reverse-inflated based on time and the total stake of the validation cluster.

Interactions in Transformers will cost a small amount of TTOS, which compensates the validator and is calculated based on the traffic consumed when the network's current timestamp is pushed back for a short period of time.

Transformers has established a destruction protocol that will systematically destroy the founding block shares in the process of maintaining a balanced eco-economic development, as well as destroying 100% of the validator gas, thereby achieving long-term economic stability for Transformers.