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    • πŸ‡¬πŸ‡¬Delegators and Fee Sharing
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  1. Project Technology

Delegators and Fee Sharing

ICB Token Staking: Understanding the Different Delegator Categories

Welcome to our comprehensive guide on ICB Token Staking. In this section, we'll explore the different types of delegators in our ecosystem: Non-KYC Delegator, KYC Delegator, and Slot Delegator. Each category has unique features and rewards structures, designed to cater to various user preferences and requirements.

Non-KYC Delegator

  • Stake: Native ICB Tokens.

  • Reward Token: Receives GICB Tokens (Governance Token).

  • Rewards: No project-specific rewards.

  • Limit: No cap on the number of delegators.

  • Fees Share: 10% of the fees.

  • Reward Calculation: For example, if Validator1 mines X blocks and collects fees, 10% of these fees are distributed among the connected delegators.

  • Staking Reward Percentage: Adjusted via contract. E.g., 10% for 6 months, 25% for 1 year.

  • Fee Burn Rate: 10% of block fees are burned.

KYC Delegator

  • Stake: Native ICB Tokens.

  • Reward Token: Receives GICB Tokens (Governance Token).

  • Rewards: No project-specific rewards.

  • Limit: Unlimited number of delegators.

  • Fees Share: 40% of the fees.

  • Reward Calculation: E.g., Validator1 mines X blocks, 40% of these fees go to the connected delegators.

  • Staking Reward Percentage: Managed through contract. E.g., 15% for 6 months, 30% for 1 year.

  • Fee Burn Rate: 10% of block fees are burned.

Slot Delegator

  • Stake: Native ICB Tokens.

  • Reward Token: Receives GICB Tokens (Governance Token).

  • Rewards: Project-specific rewards available.

  • Limit: A fixed number of slots for delegators.

  • Fees Share: 40% of the fees.

  • Additional Benefit: 75% of transaction fees used in project operations are allocated to the Slot Delegator's address (or registered project owner's address).

  • Reward Calculation: For instance, if Validator1 mines X blocks, 40% of these fees are divided among the linked delegators.

  • Staking Reward Percentage: Set via contract. E.g., 10% for 6 months, 25% for 1 year.

  • Fee Burn Rate: 5% of block fees are burned.

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Last updated 1 year ago

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