Governance
Stakers: Positions, Eligibility, and Authorization Rules
All Telcoin mobile application customers who enter another user’s referral code and stake TEL on TAN may participate as Stakers.
Introduction
The following section intends to make clear the two positions within the Miner type of Staker, the participants who can take those positions based on their attributes and subject to what conditions that must be met to participate.
Position Rules
There are two types of stakers, including both Merchant and Retail Stakers. While they both perform the same activities, compete over the same users to harvest fees at the same rate, and govern as one collective unit (Miner Group), they mine TEL issuance from separate flows and possess different attributes.