RSS3 Mainnet Economic Model - Simplified Version

Mar 11, 2024205

AI Translation

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

AI-generated summary

There was a previous detailed explanation with some errors that have been corrected. The summary includes the issuance of 30 million RSS3 tokens annually for rewards, with 20% for operational rewards and 80% for staking rewards. Public welfare nodes do not receive operational rewards. Staking rewards may include taxes determined by the tax rate, with a maximum tax of 25 times the staked RSS3 amount. Staking must be in multiples of a minimum unit set by the node operator. There are penalties in RSS3 token form. Official resources for staking and node operation can be found at rss3.io.

Note

Previously, a slightly detailed interpretation was posted, 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 the staking rewards, node operators will deduct taxes, determined by the tax rate, with the maximum tax being 25 times the amount of staked RSS3 tokens
The minimum staking unit is set by the node, and the staked amount is an integer 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/