TFSC Node Incentive Program

in #blockchain11 months ago

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Dear TFSC community members, we are thrilled to announce the TFSC Node Incentive Program that will help you realize more benefits in the TFSC ecosystem. Whether it’s node upgrades, claim bonuses, or an early incentive program for going live on the mainnet, we’ve got you covered for a more vibrant TFSC community.

Now, let’s dive into all three parts of this exciting incentive!

1, Node Upgrade Incentive

We have built an incentive mechanism to upgrade nodes within 24 hours of each upgrade. The first 300 upgraded nodes will get 5TTOS node upgrade incentive each time! Join the TFSC network now, spots are limited!

2, Receive Bonus Node Incentive

From August 23rd to December 9th, nodes that have claimed Bonus on that day will receive a 5TTOS incentive for each collection.

From December 10th until the mainnet goes live, this incentive will be doubled to 10TTOS for each Bonus collection. This is an incentive for nodes to contribute, and we appreciate your contribution!

3, Early Incentive Program for 300 nodes after the main network goes online
After the mainnet goes live, the first 300 nodes that meet the stake conditions will have a chance to get early incentives. This part of the incentive program will be based on the node’s participation history and time. The proceeds of the delegated(10,000 TTOS) nodes will go to the nodes, while the proceeds of the delegated fund from the TFSC will be destroyed after a certain period of time.

FAQs:

  1. Node information registration process

-Please click https://forms.gle/TbmFtpNPGUF2ir548 to fill in key node information, including node address and operator email address.

The email address is crucial for important upgrade notifications of the node program and incentive verification during the test network.

After the nodes are synchronized, please click https://forms.gle/pzCu6pQ3unk1MyZs8 to fill in the information of testing token claim, including address and email address.

  1. Node Setup Documentation

-Please refer to https://www.tfsc.io/doc/learn/run-rpc-node to learn the operation requirements of the node, environment settings and related transaction processes.

  1. Node Operation and Maintenance Communication Groups

-Welcome to join our Discord: https://discord.gg/transfomerschain

  1. Node Stake, Delegate, and Collect Bonus Procedure

-Stake: According to the node construction document, when the node completes synchronization and receives 1001 TTOS assets, it can be pledged for 1000.

Delegation: It is carried out by the third party, only 1000TTOS is needed to complete the stake, and the third party will delegate according to the node status in the TFSC explorer.

Claim Bonus: After completing the stake of 1000TTOS and the second 24 hours of delegating 10000TTOS, you can claim the Node Bonus through the node building document.

  1. Node Synchronization and Desynchronization

-Stake, delegation and trades can only be performed if they are synchronized.

Unsynchronization may be due to node performance not meeting TFSC network conditions or network instability.

  1. Tools for checking node status

-Node Explorer: https://explorer.tfsc.io/#/pc/TopValidators

View node synchronization status, online status, workload, staked and delegated assets, etc.

  1. Notes on node workload values

-The Workload value is dynamic and is provided by the TFSC Explorer with a target value: the Workload benchmark.

When the validator reaches this standard, it indicates that it is in good working condition and is eligible for a reward. An increase in transaction volume may cause the Workload value to change.

  1. Who is eligible to run nodes

-Anyone who wants to join the TFSC network is welcome to do so!

Every node is an important part of the TFSC world. Join us and let’s build the Life Tree for the Web3 world!

Join us:
OS: https://www.tfsc.io/
X (Twitter): https://twitter.com/TFSCChain
Discord: https://discord.com/invite/transfomerschain
Telegram: https://t.me/transformerschain