About the Stakers category

Stakers are Telcoin mobile app users who stake TEL, drive platform adoption, earn a percentage of their referred users’ fees, harvest TEL, and vote as part of their Miner Group in governance based on their TEL staked on TAN.

Stakers: Political Power and Channel

  • Political Power: An individual Staker’s proposal and voting power in governance is based on their pro-rata share of TEL staked on TAN by all referred Telcoin mobile application users.
  • Governance Channel: Snapshot

Stakers: Collective-choice authority and associated rules

Council Member Selection: Possess the right to select the following number of representatives to each Council.

  • Platform Council: 2 of 8 representatives
  • Treasury Council: 1 of 4 representatives
  • Compliance Council: 1 of 4 representatives
  • TAN Council: 2 of 6 representatives
  • TELx Council: 1 of 6 representatives

Learn more: Stakers

1 Like