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