Stake your TTOS tokens and become an integral part of our decentralized ecosystem — Transformers

In the default state, all delegators and validators within the Transformers chain, a decentralized high-performance public chain system, do not possess any vested interests and are unable to engage in any activities within the Transformers network.

In the Transformers chain, participants such as delegators and validators must lock a specific amount of TTOS tokens to gain interests and actively engage in network operations. This staking mechanism serves to raise the barrier for malicious actors, making it economically unfeasible for them to attack the network. As more stakeholders participate in staking, the network's security is continuously reinforced, discouraging illicit activities and ensuring the integrity of the Transformers network.

Before engaging in the Transformers network, it's crucial to comprehend the privileges and advantages associated with each role, enabling participants to align themselves effectively, contribute to the network's efficiency, and acquire pertinent rights and benefits.

Delegator staking involves users with a specific TTOS asset balance selecting a validator with consistent performance to entrust their equity.

In the Transformers network, individual delegators must stake a minimum of 55 TTOS, while validators can accept a maximum of 65,000 TTOS for equity entrustment. Holders of TTOS can benefit from long-term incentives. Both validators and delegators are incentivized by the network. However, it's important to note that if a validator chosen by delegators experiences abnormalities within the network, it can lead to revenue loss for the delegators. Additionally, the validator themselves may incur significant losses. Nevertheless, both parties engage in risk-sharing and reward-sharing arrangements.

Delegators should be aware of several stakes to alleviate any uncertainty or misunderstanding:

1. Lock-in Period: Once delegators complete staking, their stake cannot be unlocked during a freeze cycle lasting 24 hours.
2. Cooling-off Period: The cooling-off period for delegator stakes is calculated from the timestamp to the start of the subsequent reward epoch cycle. During this period, delegators will not receive any returns. However, once the cooling-off period concludes, delegators will begin to benefit from returns in each reward epoch cycle.

The work status of validators directly impacts delegators' earnings. If a validator's workload during the reward epoch cycle deviates from normal due to abnormalities or being too low, delegators may lose their gains. Therefore, selecting an active and stable validator for delegating interests is crucial. In the event of earnings loss, delegators have the right to transfer their delegated interests to other normal validators.

Delegators' returns are calculated from the start of a new bonus epoch cycle. The stake yield at the beginning of the bonus epoch cycle serves as the economic indicator for calculating delegator returns. Changes in this economic indicator within each bonus epoch cycle are solely used for accurately forecasting returns in the subsequent bonus epoch cycle.

Delegators' rewards are claimed by the validator on their behalf. Once a reward epoch cycle concludes, the validator can claim rewards for itself and all delegators on its nodes at any time during the subsequent reward epoch cycle. However, if the claim is missed during the aforementioned epoch cycle, the Transformers network will interpret this as the validator forfeiting all rewards for itself and its delegators from the preceding reward epoch cycle.

The Transformers Network has established specific rules for equity stake operations for each delegator account:

1. Single Staking: Each delegator account is prohibited from staking multiple times during the staking period. To initiate a new staking operation, it's necessary to either create a new delegator account or release the current delegator stake.

2. One-to-One Delegation: Separate delegator accounts can only delegate equity to independent validators. Additionally, each delegator account is restricted from delegating to two or more validators simultaneously. If multiple validator delegations are necessary, corresponding delegator accounts must be created accordingly.

To stake TTOS as a delegator, you can follow these general steps:

1. Choose a Wallet: Select a wallet that supports TTOS assets. Ensure that the wallet is reputable and trustworthy, and thoroughly understand its security features before using it.

2. Deposit TTOS: Deposit the desired amount of TTOS tokens into your chosen wallet. You can obtain TTOS tokens through exchanges or other means.

3. Navigate to Staking: Once you have TTOS tokens in your wallet, navigate to the staking or delegation section within the wallet interface.

4. Select Validator: Choose a validator with stable performance and a good reputation. Review the available validators and their performance metrics before making your selection.

5. Initiate Delegation: Follow the instructions provided by your wallet to initiate the delegation process. This usually involves selecting the validator you want to delegate to and specifying the amount of TTOS tokens you wish to stake.

6. Confirm Transaction: Confirm the transaction to delegate your TTOS tokens to the selected validator. Be sure to review all transaction details carefully before proceeding.

7. Monitor Rewards: After delegating your TTOS tokens, monitor your rewards and earnings regularly. Depending on the validator's performance and network conditions, you will receive rewards periodically.

If you are using a physical node wallet account, you may have the option to stake physical nodes using a feature like Delegate. Follow the instructions provided by the wallet provider to stake physical nodes in this scenario.

Locking a specific number of TTOS tokens to a Validator within the Transformers network is referred to as validator staking. Validators are integral components of the network responsible for validating transactions and maintaining its integrity. The minimum amount required for validator staking is 1000 TTOS tokens, and once staked, there is a freeze period of 30 days during which the tokens cannot be unlocked or withdrawn. This staking mechanism helps ensure the commitment and stability of validators within the network.

To obtain network access permit within the Transformers network and gain all associated rights and benefits, a Validator must meet the following conditions:

1. Stake a minimum of 1000 TTOS tokens.
2. Receive at least 10,000 TTOS tokens entrusted for staking on the validator.
3. Ensure that the total entrusted staking does not exceed the maximum limit of 65,000 TTOS tokens per validator.

Once these conditions are met, the Validator can access the network and enjoy its privileges. It's important to note that a Validator cannot accept entrusted staking beyond the maximum limit of 65,000 TTOS tokens.

The stake freeze period for Validators in the network is 30 days. This period does not impact the stake freeze period for clients. Validators will be confirmed as active once they meet the stake conditions mentioned earlier. Inactive validators do not receive any interest in the network.

Validators will earn revenue based on the Transformers Reward Epoch cycle. Please refer to the relevant section in the client stake note above for further details on how rewards are calculated and distributed.