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