RSS3 Mainnet Economic Model - Simplified Version

Mar 11, 2024#RSS3288

AI Translation

This post is translated from Chinese into English through AI.View Original

AI-generated summary

Annual issuance of 30 million RSS3 tokens for rewards, with 20% for operational rewards and 80% for staking rewards. Public welfare nodes do not receive operational rewards. Staking rewards include a tax fee determined by the tax rate, with a maximum fee of 25 times the staked amount. Staking minimum unit set by nodes, staking amount must be a multiple of the minimum unit. Penalties in RSS3 token form. Official resources available for staking, node operation, and mainnet browser.

[!NOTE]
A slightly detailed interpretation was posted before, with some errors that have been corrected.

Simple version:

30 million RSS3 tokens are issued annually for rewards
20% for operational rewards, 80% for staking rewards
Public welfare nodes do not receive operational rewards
In staking rewards, node operators will deduct taxes, determined by the tax rate, with taxes capped at 25 times the amount of staked RSS3 tokens
The minimum staking unit is set by the node, and the staking amount must be a multiple of the maximum unit, e.g., if the minimum unit is 500, only 500, 1000, 1500... can be staked
Penalties in the form of RSS3 tokens

Official version case study:
https://rss3.io/blog/en/an-nfa-strategy-guide-for-joining-the-rss3-alpha-mainnet-tokenomics

Official resources:
Staking and node operation:
https://rss3.io/blog/en/how-to-run-an-rss3-node
Mainnet browser:
https://explorer.rss3.io/