init projectmycelium

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mik-tf
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# TFP
- TFP = TFPoint
- TFT = ThreeFold Token
- PEAQ = the DePIN token from the Peaq Network System
## TFP Price and Value
- 1 TFP = 0.1 USD (fixed price)
- TFP serves as a stable medium of exchange within the ThreeFold ecosystem
## Liquidity Pools
The following liquidity pools enable exchange between TFP and other currencies:
### Fiat - TFP Pool
- Users can purchase TFP with fiat currency (USD, EUR, etc.)
- The exchange rate is fixed at 0.1 USD per TFP
- Provides direct entry into the ThreeFold ecosystem for new users
### TFP - TFT Pool
- Allows exchange between TFP and ThreeFold Tokens (TFT)
- Enables token holders to utilize the marketplace
- Exchange rates will follow market dynamics
### TFP - PEAQ Pool
- Facilitates exchange between TFP and PEAQ tokens
- Connects the Peaq Network ecosystem with ThreeFold
- Exchange rates will follow market dynamics
## revenue split & locks
- revenue gets split between validators / threefold & the provider
- the provider part gets locked in for 3 months, slashing will happen on those 3 months if SLA not achieved.
## Staking
- new farmers will have to stake TFP, this will be shows when users select a node
- existing farmers can optionally stake TFP
## Slashing
- if Service providers don't live up to the SLA they loose all or part of their Staked/Locked TFP see above
## Discount System
- Users can lock TFP for a chosen period (X months)
- The amount of locked TFP determines the user's discount level
- Higher amounts of locked TFP result in greater discounts
- The service provider (e.g. farmer) defines discount tiers based on locked TFP amounts
- Typical discount tiers:
- 100-500 TFP: 5% discount
- 501-1000 TFP: 10% discount
- 1001-5000 TFP: 15% discount
- 5001+ TFP: 20% discount