tornadocash
/
docs
mirror of https://github.com/tornadocash/docs
1
0
Fork 0
Code

Update staking.md

This commit is contained in:
xdt1 2022-04-05 13:17:10 +00:00 committed by GitHub
parent c2897b3935
commit e53bfa5bb6
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 1 additions and 1 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

2
general/staking.md
View File

@ -8,7 +8,7 @@ Since the execution of [Tornado Cash 10th governance proposal](https://tornadoca
#### **FROM WHERE THESE COLLECTED FEES COME FROM ?**
The collection of these fees was made possible by the implementation of a decentralized relayer registry. In order to be listed on the protocol UI, relayers need to stake a given amount of TORN (currently set by governance at `300 TORN`) and keep enough TORN locked (40 TORN at the moment in April 2022) to be able to pay back the transaction fee to the staking contract. The functioning of this relayer registry is more extensively explained [on this forum post](https://torn.community/t/proposal-relayer-registry-setting-parameters-after-audit/2134) & on the [Relayer Registry documentation page](how-to-become-a-relayer.md).
The collection of these fees was made possible by the implementation of a decentralized relayer registry. In order to be listed on the protocol UI, relayers need to stake a given amount of TORN (currently set by governance at `300 TORN`) and keep enough TORN locked (~`40 TORN` at the moment in April 2022) to be able to pay back the transaction fee to the staking contract. The functioning of this relayer registry is more extensively explained [on this forum post](https://torn.community/t/proposal-relayer-registry-setting-parameters-after-audit/2134) & on the [Relayer Registry documentation page](how-to-become-a-relayer.md).
In a nutshell, for each withdrawal through the relayer method, the chosen relayer has to pay a fee to the protocol from the staked balance (that should still be maintained above the `300 TORN` threshold). Currently, this fee has been fixed at `0.3%` by the governance and can be changed at any time through an on-chain proposal & vote.