Revenue

Transformers’ ecological development process will reward principals and validators through incentive agreements to ensure that the network can grow quickly and smoothly in a decentralized state. Some terms will be explained first to try to clear the confusion.

Transformers transaction fee：Clients pay a specific fuel fee to complete interactions in the Transformers network, and the transaction fee consists of a signature verification fee and a packaging fee.

The Transformers network makes basic recommendations for validator hardware and bandwidth, and the increasing flow of network data requires more than adequate node bandwidth to maintain, and Transformers transaction fees will compensate for the traffic resources they consume.

Verification Fee

The smallest unit defined in the Transformers network is gas. One gas = 0.000001 TTOS, which is the main unit of measurement for Transformers transaction costs. The number of levels of a single transaction in the network in the consensus process will be selected by the user to check the number of nodes to ensure its higher security, which we define as the number of single transaction checks ɑ. The byte of a single UTXO The size of a single UTXO is 64byte. The number of UTXOs per second on the chain is defined as β. Based on the above metrics, the final determination of the network transaction verification gas is calculated as follows: verification gas ≈ 64 × β × ɑ × one gas.

Packing fee

Transformers data state that active validators are qualified as leaders. Dynamic leaders are free to initiate block proposals within Transformer's preset height range (top-5) and complete on-chain confirmation by a consensus algorithm. Validators are public nodes open to Transformers users. Users are free to choose active validators to complete transaction behavior. The packing fee is confirmed by the size of UTXO bytes contained in the transaction body, packing a gas ≈ number of UTXO bytes × one gas.

Reward Epoch Cycle: Based on the eco-economic indicators at a specific time, the Transformers Network will pay out additional TTOS shares within a short period starting from one particular time.

How the validator gets the packing fee?

The bridge nodes in the Transformers network gain mainly from the validator gas and packed gas in the network.

The validator needs to be in a more active data state to obtain packaged gas (block height must not be lower than the top-5 of the main network). The network can always maintain or be closer to the top value of the main network block height during the peak TPS period when the verifier will obtain more packaged gas to compensate for the consumption of hardware resources and bandwidth.

How principals get TTOS?

Principal gains in the Transformers network are mainly derived from inflationary incremental payouts. The critical indicators of the principal's gain are the pledge yield at the beginning of the reward epoch and the work attainment rate of the validator nodes during the era. The change of the economic indicators in each era will be able to predict the principal's gain in the next epoch, and the change of the economic indicators on it and the calculation of the revenue have been listed in Transformers eco-economy. Please refer to the relevant section for further information.

How does the validator get the bonus payout and checkmark gas?

Transformers Network Validator’s revenue mainly comes from inflationary incremental payout and check-signing gas. The validator obtains the TTOS dispatched in the total share. The intuitive revenue reference indicator is the total amount of principals commissioned in its validator equity. The validator will base its commission reward on 10% of the total revenue of its node principals, assuming that the total income of principals in its node in a reward epoch period is b. The validator will obtain the dispatch reward of a=b×10% TTOS. Validator to obtain the verification gas need to have an active data state (block height is not lower than the main network block height top-5), the data state to maintain in the main network block height top value of the validator to obtain the verification gas chances will be more, based on the random number of hash algorithm validator to obtain the verification gas is tending to reciprocal state, in the Transformers early validator to obtain the verification gas 50% will be used for destruction, to stabilize the economic balance of the Transformers.