Miners
Association Miners
An overview of the four Telcoin Platform miners (Stakers, Developers, Liquidity Miners, and Validators), including their roles, participation requirements, governance authority, and more.
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Miners: Introduction
Miners are the primary actors who produce Telcoin Platform services, earn TEL fees from consumers, extract TEL issuance from the system, and are empowered collectively with full power and control within Telcoin Platform governance.
Validators
GSMA Operator Member Mobile Network Operators (MNOs) who manage nodes on Telcoin Network, earn TEL gas fees and issuance each time they secure a block to the blockchain, and participate with others in their Miner Group in governance.
Liquidity Miners
Liquidity miners provide liquidity to decentralized financial markets on TELx, earn fees from trades, harvest TEL issuance and vote as a part of their Miner Group in governance based on their pro-rata share of liquidity staked on TELx.
Application Developers
Application Developers are GSMA members who stake TEL and produce mobile applications on TAN that integrate with the Telcoin Platform and connect users to its services and each other through the system. They earn transaction fees from consumers, harvest TEL b...
Stakers
Stakers are Telcoin mobile application customers who stake TEL, connect with their networks to establish the Telcoin Platform as a shared infrastructure for settling payments. They earn a percentage of their referred users’ fees in TEL, harvest TEL from TAN ba...