Activating TEL Issuance at the Application Layer

Council Proposals TANIP
1

This is a first draft of the ‘Activating TEL Issuance at the Application Layer’ TANIP

Abstract

This proposal implements TEL systems and issuance flows on TAN for Stakers and Developers, establishing the platform’s application layer incentive mechanisms. With 194.44M TEL in the TAN Council Safe, weekly distributions of TEL will flow to both Developers and Stakers based on their share of Platform production. This initiates the unified staking model and activates essential platform adoption incentives.

Motivation

The Telcoin Platform requires active application layer participation to achieve its vision of universal mobile-enabled blockchain services. By implementing TEL issuance for Developers and Stakers, we:

  • Incentivize GSMA member application development
  • Drive user adoption through staker referrals
  • Foster an on-chain ecosystem aligned with natural market incentives
  • Empower the entire value chain with ownership rights, fulfilling the Association’s constitutional mandate for inclusive, decentralized governance

Specification

A. TEL Distribution Framework

  • TAN Council Safe Balance: 194.44M TEL
  • Weekly Distribution:
    • Developers (see below): 1,068,376.06 TEL
    • Stakers: 3,205,128.205 TEL
  • Distribution Timing: Every Wednesday at 00:00 UTC

B. Developer Rules

  • Eligibility: GSMA members in non-sanctioned jurisdictions, approved by the Compliance Council, and adhering to application infrastructure standards.
  • Allocation Formula:
    • 1 Developer (today): ⅓ of weekly total
      • Allocation: 1,068,376.06 TEL per week
    • 2 Developers: ⅔ of weekly total
      • Allocation: 2,136,752.13 TEL per week
    • 3+ Developers: Full weekly total allocation
      • Allocation: 3,205,128.205 TEL per week
  • Basis for Income Formula:
    • Pro-rata share vs other Developers based on their user base’s:
      • Referral fees
      • TELx exchange fees
      • Telcoin Network gas fees paid by user base
  • Information Sharing Requirements: Developers must share users’ fees and referral fees metrics each week for the TAN Council to distribute to both Developers and Stakers according to their rules.
  • Application Infrastructure Standards: See existing eligibility and authorization rules here.

C. Staker Rules

  • Eligibility: All Telcoin mobile app users who have added another user’s referral code
  • Allocation Formula: 3,205,128.205 TEL per week
  • Basis for Income Formula:
    • Pro-rata share of:
      • Personal fees paid
      • Referred users’ fees paid

D. TAN Maximum Weekly TEL Issuance Rule:

  • Throughout the entire period, total staked TEL must exceed: (Lifetime TEL issuance + Current week TEL issuance)

Technical Implementation

Staker contracts and developer staking contracts are already deployed and live on the Polygon Network. Infrastructure for developer reporting and issuance has been built and details of this will be provided here in due course.

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