init

collections/tfgrid3/.done

@@ -0,0 +1 @@
+intro.png

collections/tfgrid3/governance/.done

@@ -0,0 +1,3 @@
+governance.png
+guardian.png
+tfcoop_intro.png

collections/tfgrid3/governance/guardians.md

@@ -20,7 +20,8 @@ and upgrade your validator starting from code.
 What do you get in return
 
 * Eternal recognition from your Regional Internet community (-: 
-* TBDk USD per month in TFT as provided bu *TFCOOP
+* TBDk USD per month in TFT as provided by the *TFCOOP 
+  * The TFT will come from the *TFCOOP Treasury
 
 ## They will host a validator
 

collections/tfgrid3/governance/tfcoop_intro.md

@@ -1,6 +1,6 @@
 ![alt text](tfcoop_intro.png)
 
-# TFCoop
+# ThreeFold Cooperative
 
 ThreeFold Dubai would like to hand over the day2day operation of the TFGrid to a cooperative.
 
@@ -10,22 +10,22 @@ ThreeFold Dubai would like to hand over the day2day operation of the TFGrid to a
 
 ## Cooperative Founder
 
-TF Dubai is looking for 9 TFCoop Founders to setup the COOP Structure.
+TF Dubai is looking for 9 ThreeFold Cooperative Founders to setup the COOP Structure.
 
 ## Cooperative Director
 
-Are voted by the members, but at start are the same as the 9 TFCoop Founders.
+Are voted by the members, but at start are the same as the 9 Founders.
 
-They are like the board of a Cooperative and need to structure how the TFCoop Members will vote and be part of the governance.
+They are like the board of a Cooperative and need to structure how the Cooperative Members will vote and be part of the governance.
 The Cooperative will have a team which will do the day2day for the TFGrid.
 
-The Cooperative is funded by utilization of the grid (at start 50%)
+The Cooperative is funded by utilization of the grid (40% at start).
 
-Cooperative Directors are renumerated for their contributions.
+Cooperative Directors and the team are renumerated for their contributions.
 
 ## Cooperative Startup
 
-- ThreeFold Dubai grants 0.5 million TFT to TF COOP
+- ThreeFold Dubai grants 2 million TFT to TF COOP (TF DMCC and others can grant more)
 - TFCoop Founders will look for initial funding (sell the TFT, look for extra)
 - TFCoop Founders will setup the cooperative in chosen jurisdiction (might be NL)
 - TFCoop Founders will work with TFTech for technical implementation of membership (as NFT), ... 
@@ -42,6 +42,7 @@ Cooperative Directors are renumerated for their contributions.
 - Operate the tools (forum, websites, ...)
 - Collaborate with the Guardians for the operations of the TFChain and supporting tools
 - Define & operate the benefits for the Members
+- Distribute the TFT Fees for Utilization.
 
 ## Status
 

collections/tfgrid3/promotion/.done

@@ -0,0 +1 @@
+promotion.png

collections/tfgrid3/specs/farming_update_3_14.md

@@ -16,7 +16,7 @@
 The cooperative will resell capacity (using TFT at back) and redistribute margin as follows:
 
 - [ ] give 50% on utilization to farmers
-- [ ] give 10% on utilization to validators
+- [ ] give 10% on utilization to the stakers on the validators
 - [ ] give 40% on utilization to treasury of TF Cooperative
 
 [more info about coop see here](tfcoop_intro.md).

collections/tfgrid3/tokenomics/farming_reward.md

@@ -22,7 +22,8 @@ More information [in our manual](https://manual.grid.tf/knowledge_base/farming/f
 ### 2. Proof-of-Utilization
 
 - 50% of utilized capacity which comes over portal from *TFCOOP will be given to farmer
-- 50% of utilized capacity goes to *TFCOOP
+- 40% of utilized capacity goes to *TFCOOP
+- 10% of utilized capacity goes to Stakers on the Validators
 
 
 > DISCLAIMER: ThreeFold Dubai organizes this process. This process is the result of the execution of code written by open source developers (zero-os and minting code) and a group of people - who checks this process voluntarily. No claims can be made or damages asked for to any person or group related to ThreeFold Dubai like but not limited to the different councils. This process changes for TFGrid 3.X by means of the TFDAO