diff --git a/collections/tfgrid3/specs/farming_update_3_14.md b/collections/tfgrid3/specs/farming_update_3_14.md index 16c3476..49d3ca4 100644 --- a/collections/tfgrid3/specs/farming_update_3_14.md +++ b/collections/tfgrid3/specs/farming_update_3_14.md @@ -1,17 +1,25 @@ # Farming Logic Update 3.14 -> this is for TFGrid version 3.14 +> this is for TFGrid version 3.14, and will still change because of feedback on our [forum](https://forum.threefold.io/t/feedback-on-farming-logic-as-suggested-for-tfgrid-3-14/4275) -## FARMING +## FARMING REWARDS -- farming reward stays the same, price on 0.08 +- [V] farming reward stays the same, price on 0.08 - [ ] max 1billion TFT on Stellar -- [ ] uptime checks include network, min BW, quality of HW ... -- [ ] all farmers have done KYC, see #12 +- [ ] uptime checks include network, min BW, quality of HW (needs to be further specified) +- [ ] all farmers have done KYC/AML - [ ] for new nodes: we do no register nodes which are not DDR4... -- [ ] bigger farmers they can sign with DMCC for SLA, which will be visible, with penalty in locked tokens by TF DMCC/COOP, there is contract involved, which gets linked to TFChain +- [ ] bigger farmers can sign with DMCC for SLA, which will be visible, with penalty in locked tokens by TF DMCC/COOP, there is contract involved, which gets linked to TFChain +- [ ] if price > 0.08 for more than 30 days, then the farming price changes ... +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 40% on utilization to treasury of TF Cooperative + +[more info about coop see here](tfcoop_intro.md). ## UI & EXPLORER @@ -25,11 +33,22 @@ - [ ] 1 tft = 1 vote -## GEP NEEDED +## GEP 1 NEEDED - [ ] stop burning +- [ ] agree on 1 billion TFT cap (farming will stop) - [ ] farming rules as above -- [ ] give 50% on utilization through cooperative, cooperative has power to change this +- [ ] utilization revenue distribution through cooperative see above + +## GEP 2 NEEDED + +Will be done once voting system has been changed and GEP 1 done + - [ ] agree on 9 directors for cooperative -- [ ] if price > 0.08 for more than 30 days, then the farming price changes ... -- [ ] agree on 9 guardians who run \ No newline at end of file + +## GEP 3 NEEDED + +Will be done once voting system has been changed and GEP 1 done + +- [ ] agree on 9 guardians who run the validators +