KEY TAKEAWAYS
- The Anyone Network introduces delegated staking, allowing unlimited token staking to enhance economic security and value for token holders.
- Operators must lock 100 tokens per relay, with delegated staking enabling additional staking against relay families for rewards.
- The network plans a freemium model by 2025, with revenue shared between relays and stakers to support growth.
- A gas-less Arweave distribution protocol will facilitate large-scale token distribution, including stablecoins, as the network nears mainnet launch.
The Anyone Network has announced a significant update to its tokenomics with the introduction of delegated staking. This development allows relay operators and token holders to stake an unlimited number of tokens, moving beyond the previous 100-token lock requirement. The update aims to enhance economic security and value accrual for token holders.
Currently, operators must lock 100 tokens per relay to operate and register for relay rewards. This mechanism ensures that operators maintain healthy relays and deters adversaries from creating malicious relays. The new delegated staking feature supplements this requirement by enabling token holders to stake an unlimited number of tokens against relay families, earning rewards in the process.
Token holders can choose to stake to their own relay family or delegate to a trusted family. The total tokens staked to a relay family will influence circuit selection, favoring reputable operators with a larger stake in the network. This approach positions tokens as a unit of trust within the network, backed by their economic value.
Flexible Staking and Reward Distribution
The staking mechanism offers flexibility, with no minimum lock period and a 14-day cooldown for unstaking. All tokens earn rewards at the same rate, provided the relay family maintains the majority of relays operational during each epoch. This ensures that holders delegate to reliable families.
Relay operators controlling the family receive a percentage of staking rewards, incentivizing them to maintain performant relays. As more tokens are staked, the cost for adversaries to compromise the network increases, enhancing the network’s security.
Future Developments and Revenue Model
From 2025, Anyone Network plans to transition to a freemium model. While a free tier will remain available, users seeking enhanced performance will pay a subscription fee. This revenue will be split between relays and stakers, supporting the network’s growth.
Additionally, the network’s gas-less Arweave distribution protocol will facilitate large-scale token distribution, including stablecoins and partner tokens. This protocol will underpin the staking mechanism as the network approaches mainnet launch.
For more details on this update, visit the official announcement here.
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