Q. How are candidates created? I am an individual user, can I be a candidate?

A. Candidate can be anyone as long as they stake a Minimum Staked TON (current minimum deposit is set at 1000 TON). After making a few transactions on the Ethereum blockchain, stake the minimum deposit to qualify as a candidate. Please refer to the Candidate Registration manual to run for a candidate.

Q. What is a committee member and how is it determined?

A. Candidates with a high amount of TON staked/delegated will qualify for the committee if they succeed in the Challenge for a committee seat. Simply put, the three candidates who have been delegated the most TON are likely to become committee members.

Q. What rights and responsibilities do you have when you become a member of the committee?

A. Candidates and members who take seats will have the right to receive activity rewards from DAO's budget immediately after obtaining the qualifications. The activity subsidy is generated every second and can be collected at any time (this value can be adjusted later through the setActivityRewardPerSecond agenda). In addition, members have the right to vote for or against any agenda that has passed the minimum notice period after an agenda is created. Members with such powerful voting power are elected through delegation voting, which is the same as Tokamak Network token staking. If the candidate who occupies the seat passively participates in the agenda or makes a judgment that is harmful to the development of the ecosystem, the token delegate can at any time unvote the delegated token and jeopardize the candidate. Token holders should make smart choices and find candidates who make the most desirable decisions for the ecosystem.

Q. Can anyone propose an agenda?

A. Anyone can propose an agenda for the development of the Tokamak network ecosystem by creating transactions on the Ethereum blockchain. However, you have to pay the minimum cost for creating an agenda (currently it is set at 100 TON, which can be adjusted later through agenda). In fact, it is more important how the agenda is handled by the committee than it is created. Before creating an important agenda, we encourage you to engage in sufficient discussion through the Tokamak Network's community channels so that public opinion can be addressed.

Q. What is the difference between election-voting, staking, and delegation?

A. In conclusion, election-voting, staking, and delegation are the same. In particular, the existing Tokamak Network staking and DAO are sharing operators/candidates at the level of smart contracts. In other words, a TON delegated through staking is equivalent to voting for a specific candidate in DAO. Likewise, TON canceling a vote is the same as TON that is being undelegated from staking. However, for classification, operators created through existing staking are called type Layer 2, and candidates created through DAO are classified as type candidate.

The additionally issued token reward(seigniorage) is also the same. If there is someone who wants to receive additional issuance tokens, you can use either DAO or staking. However, please always be aware that such delegation decisions can affect the committee at any time and make small but big changes to the entire token ecosystem.

Q. Can users check type Layer2 and Candidate?

A. In Tokamak DAO web interface, you can see type Layer2 and Candidate separately. In many respects, such as staking (voting or delegation), the two types are almost identical, but there are some differences. Typically, for the settlement of staking profits, anyone can update reward in type candidate, but the type Layer 2 allows updating reward only through the operator account that created the candidate/committee.

Q. How much Ethereum fee would cost to run a DAO committee/candidate?