Staking TORUS
Last updated
Last updated
Staking is designed to allow users who hold TORUS via previous Creation or purchase, as well as to incentivize new and existing users to buy TORUS on the market to continue Earning TORUS and growing their portfolios when the Creation ROI drops below the Staking ROI, due to TORUS's price lowering against TITANX. Staking Unique to TORUS, users can stake their TORUS to compete with Creators for tokens in the TORUS Pool. When Staking, the protocol calculates Shares based on the amount of tokens staked, relative to the current tokens Created with 100 power over the same length selected. To Stake, a protocol fee paid in either TitanX or ETH is required. This fee is 5% of the cost to Create the same number of TORUS, based on the number of tokens staked.
Example: If Creating with 100 power over 88 days costs 963,000,000 TitanX or 0.4 ETH and generates 1000 tokens upon Creation, then the protocol fee for a Staker with 1000 tokens would be 48,150,000 TitanX or 0.02 ETH. Stakers who wish to choose less than 88 days also pay equivalent costs relative to the Creating actions. Example: If a Staker selects 44 days and wishes to stake 1000 tokens on Day 1, the system will see that creating 1000 tokens in 44 days costs 1,926,000,000. This means that to Stake 1000 tokens for 44 days, the Staking fee of 5% equals 96,300,000. This dynamic creates the most fair system possible, where obtaining Shares in the system via Staking and Creating have a relative difficulty and cost to acquire based on Duration.
The math for this will be as follows: (StakedTorus/(Current88day100powerTORUS*(StakedDays/88)))*100PowerCreationCost*0.05
Staking length will be between 1-88 days.
Early End Stake
The Early End Stake feature allows users to end their stake and reclaim their principal tokens after completing at least 50% of their staking period. Once this 50% threshold is reached, users can choose to exit early and claim their principal, along with a portion of the rewards they have earned from the TORUS Pool. The amount of earned rewards they can claim depends on how far they have progressed beyond the halfway point. For every 1% of the staking period completed after the 50% mark, an additional 2% of the total earned TORUS rewards becomes available for withdrawal.
Example:
if a user ends their stake at 55% of the staking period, they can claim their principal plus 10% of their earned TORUS rewards. If they end their stake at 75%, they can claim their principal plus 50% of the rewards. Users who complete the full staking period receive their principal and 100% of their earned TORUS rewards. This system incentivizes users to complete their staking commitment while offering the flexibility to exit early with proportionate rewards.
The equation for this mechanic is: ((PercentageOfStakeCompleted-50)*2)=ClaimableEarnedTokens - If {ClaimableEarnedTokens<0}, ClaimableEarnedTokens=0
ClaimableEarnedTokens+Principal=TokensClaimedEarly Staking Difficulty:
With time, TORUS becomes increasingly difficult to Stake. Over the first 5 years, Staking 1000 TORUS will become 331% or 4.31x more difficult, over 10 years 1756% or 18.56x more difficult to Stake, and over 20 years 34497% or 345.97x more difficult to Stake due to the difficulty measures in the system outlined in the previous section.
5 Year Difficulty of Staking 1000 Tokens in ETH or TitanX Costs (Percentage Increase):
20 Year Difficulty of Staking 1000 Tokens in ETH or TitanX Costs (Percentage Increase):