Different Transaction Types In TFSCChain (2)

in LeoFinance5 months ago

20240107_212636.jpg

Unstaking transaction The staked coins can be unstaked after 30 days. To unstake, enter the hash of the staking transaction.

Investment Transaction

As we all know, there is a reward mechanism in the blockchain, which is different from the mining algorithm.Transformers does not use proof of work,but creatively uses the application mechanism algorithm. Users can participate and share out bonus with a minimum investment of 35 TTOS. The more you invest, the more you earn.

Disinvestment Transactions

Investors can withdraw their investment from others, and the rewards applied by others will not be shared to this account. Disinvestment requires input disinvestment account, the investor account, and the UTXO of the investment.

Why Staking and Investment are Necessary

TTOS will stake and invest a certain amount as a signature condition to join the consensus in the transformers network. Only when the node stakes and invests to obtain the corresponding qualifications can it dividends and rewards.

Claiming Mechanism

When the user meets the network entry requirements and is in by other nodes for a total of 10,000 or more, they can sign the transaction of the node. In addition to getting a transaction fee immediately, you can also apply for an additional reward based on the number of signatures on the next day. an additional reward based on the number of signatures on the next day. For the specific claiming formula. The specific application formula is as follows.

Reward rules Yield rate(ER) ER = IR / SR

Staking rate (SR)

Current Circulating Supply = Total Circulating Amount of the Network - Total Network Claimed Amount on the Day

Current Staked Supply = Total Staked Amount of the Network - Total Network Staked Amount on the Day

Staking Rate (SR) = current total staking / current total circulation

NOTE: The maximum value of SR is 0.90. If it is greater than 0.90, it is calculated as 0.90

The minimum value of SR is 0.35. If it is less than 0.35, it is calculated as 0.35

The minimum value of IR is 0.02. If it is less than 0.02, it is calculated as 0.02

The initial value of inflation rate (IR) is 0.077, and the staking rate (SR) is multiplied by 0.9865 for every 1% increase in inflation rate (IR),

The minimum inflation rate is 0.02 when the cumulative annual inflation rate is multiplied by 0.88 and so on.

That's all for now, stay tunned Join us: OS: https://www.tfsc.io/ X (Twitter): https://twitter.com/TFSCChain Discord: https://discord.com/invite/transfomerschain Telegram: https://t.me/transformerschain