threshold-network / merkle-distribution

Threshold Network rewards generation and distribution
https://threshold.network
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Handling new TACo application #113

Closed manumonti closed 5 months ago

manumonti commented 7 months ago

Context

A new contract application has been created to allow users to use the Threshold Access Control: TACo application. This means that the previous contract application, SimplePREApp, is going to be deactivated.

More information can be found in TIP-062.

From the staking point of view, there are several actions that stakers must do to continue earning rewards:

  1. A TACo node must be spun up for each stake.
  2. The TACo application must be authorized.
  3. PRE node of the stake can be disabled since there are no longer incentives to have it running.

December 2023 is a transition month. During this period, there are two special rules:

  1. Stakes with PRE operator confirmed will receive the usual rewards, even if they disconnect their PRE node.
  2. Stakes that spin up a TACo node, will receive an incentive. See One-off Bonus for Staking on TACo for details.

So, there are some changes in the calculation script algorithm:

Action points

Related issue #105 .

Additional work

manumonti commented 5 months ago

All the subtask have been completed.