The basis of the DAObet blockchain economy is the BET system token. The BET Token is used for
staking resources for CPU and NET to obtain bandwidth in the blockchain and executing transactions,
buying RAM to ensure that data is stored in the DAObet blockchain
staking for VOTE to participate in the Governance and getting the opportunity to be a network validator. Network validators are rewarded for blocks and VOTE in the form of issued BET Tokens.
The emission rate depends on the number of BET staked for the VOTE resource and changes according to the rule. With an activated stake of <33%, the annual emission is 20%. With an activated stake of >66%, the annual emission is 10%. In the interval between 33 and 60 activated stakes, the annual emission smoothly varies from 20% to 10%, depending on the activated stake.
The issued tokens are distributed according to the following rules:
20% of the issued tokens are sent to the blockchain fund and transferred to the eosio.saving
account
20% of the issued tokens are received by validators as a reward for blocks and are transferred to the eosio.bpay
account. From that account, the funds are then sent to the validators
60% of the issued tokens are received by validators as remuneration for VOTE and are transferred to the eosio.vpay
account. From that account, the funds are then sent to the validators
20% of the issued tokens are sent to the eosio.saving
account. The eosio.saving
account is controlled by most validators (â…” + 1). The funds located on eosio.saving
are intended to sponsor network improvements.
All validator keys are listed as keys and can be found in eosio.prods
. eosio.prods
has several types of permissions:
eosio.prods@active
– supermajority of validators is ⅔ of the total number of validators + 1. This permutation is used to manage system accounts, such as:
eosio
eosio.saving
eosio.ram
eosio.ramfee
other system contracts
eosio.prods@major
– the majority of validators is ½ of the total number of validators + 1
eosio.prods@minor
– the minority of validators is ⅓ of the total number of validators + 1
In DAObet, the number of validators varies depending on the activated stake. Thus, the required number of validators to achieve a quorum varies proportionally. See the table below:
@minor | @major | @active | validators | activated stake | emission rate |
8 | 11 | 15 | 21 | 33% | 20.00% |
9 | 13 | 17 | 24 | 34% | 19.70% |
10 | 14 | 19 | 27 | 35% | 19.39% |
11 | 16 | 21 | 30 | 36% | 19.09% |
12 | 17 | 23 | 33 | 37% | 18.79% |
13 | 19 | 25 | 36 | 38% | 18.48% |
14 | 20 | 27 | 39 | 39% | 18.18% |
15 | 22 | 29 | 42 | 40% | 17.88% |
16 | 23 | 31 | 45 | 41% | 17.58% |
17 | 25 | 33 | 48 | 42% | 17.27% |
18 | 26 | 35 | 51 | 43% | 16.97% |
19 | 28 | 37 | 54 | 44% | 16.67% |
20 | 29 | 39 | 57 | 45% | 16.36% |
21 | 31 | 41 | 60 | 46% | 16.06% |
22 | 32 | 43 | 63 | 47% | 15.76% |
23 | 34 | 45 | 66 | 48% | 15.45% |
24 | 35 | 47 | 69 | 49% | 15.15% |
25 | 37 | 49 | 72 | 50% | 14.85% |
26 | 38 | 51 | 75 | 51% | 14.55% |
27 | 40 | 53 | 78 | 52% | 14.24% |
28 | 41 | 55 | 81 | 53% | 13.94% |
29 | 43 | 57 | 84 | 54% | 13.64% |
30 | 44 | 59 | 87 | 55% | 13.33% |
31 | 46 | 61 | 90 | 56% | 13.03% |
32 | 47 | 63 | 93 | 57% | 12.73% |
33 | 49 | 65 | 96 | 58% | 12.42% |
34 | 50 | 67 | 99 | 59% | 12.12% |
35 | 52 | 69 | 102 | 60% | 11.82% |
35 | 52 | 69 | 102 | 61% | 11.52% |
35 | 52 | 69 | 102 | 62% | 11.21% |
35 | 52 | 69 | 102 | 63% | 10.91% |
35 | 52 | 69 | 102 | 64% | 10.61% |
35 | 52 | 69 | 102 | 65% | 10.30% |
35 | 52 | 69 | 102 | 66% | 10.00% |
35 | 52 | 69 | 102 | 67% | 10.00% |