Staking of MOS token to TMOS

  • Staking MOS->TMOS tokens are converted 1:1 from MOS to TMOS

  • TMOS holders are entitled to receive a percentage share of Mosaico Assets (presented in chapter Mosaico Assets)

Bonus:

  • When you exchange a MOS token for a TMOS token, the user receives a bonus of a fixed increment of 0.1% each day. It is an increment of participation in the token's revenue distribution. It does not increase the number of TMOS tokens, but increases the power in the prize distribution, it is a multiplier of the weight in the total pool.

  • The bonus continues to grow until the user stops staking at least one TMOS token to MOS.

  • When MOS is converted back to TMOS, the bonus will start over, counting from 0%.

  • To receive the reward, the tokenizer must hold TMOS for a minimum of 30 days, in their wallet.

  • The token will be paid out on the 10th of each month.

  • The bonus as well as the entire reward will be paid out in MOS tokens

  • Converting additional MOS to TMOS, keeps the existing Bonus.

  • Once the staking period is finished, it is possible to exchange the TMOS for MOS. When exchanging TMOS tokens for MOS tokens the TMOS tokens are burned.

Examples

  • User allocates 1,000 MOS to TMOS. The next day his bonus is 0.1%, so his Token has a weight of 1,001 TMOS. However, we still have 1,000 TMOS in our wallet.

  • After 100 days, 1,000 TMOS has a weight in the token of 1,100 TMOS.

    When the user decides to convert some or all of the TMOS to MOS, their bonus drops to 0%.

  • On the next day, the remaining TMOS tokens have raised their weight by 0.1%, counting from the beginning.

Settlement of the award

Settlement and distribution of Proof-of-Stake rewards take place monthly, on the 10th of the month at 00:00 UTC time. The token is transferred directly to the user's wallet in the form of MOS token. To claim the reward user must stake TMOS for at least 30 days.

The calculation of the reward depends on the 'power' (multiplier) of the TMOS token, that belongs to the user. That means, that the more tokens the user put on staking and the longer the staking period, the user will receive a larger reward.

Tokens can be deposited into the PoS account or withdrawn from it at any time, whereby:

  • tokens deposited are frozen, until the start of the next billing period (i.e., midnight UTC time).

  • Rewarded tokens are frozen until the next full billing period ends (i.e. midnight UTC time + 1 day).

  • Frozen tokens do not participate in the settlement of rewards. Only tokens that were in the PoS account for the entire day of the PoS (from midnight to midnight UTC time) participate in the calculation of the reward amount for a given settlement period.

  • It is also possible to have additional vesting on withdrawal, for details see Vesting Token GMOS and TMOS.

Below there is a table presented, where it is possible to find an example calculation of reward, considering the total reward pool is 10 000 MOS

Number of MOS tokens staked
Number of stacked days
Bonus %
The power of staked tokens
Reward

Investor 1

100

30

0,03

103

1763,7

Investor 2

100

90

0,09

109

1866,44

Investor 3

100

120

0,12

112

1917,81

Investor 4

100

240

0,24

124

2123,29

Investor 5

100

360

0,36

136

2328,77

Example 1

Tokens were deposited into the PoS account on January 1 at 10:00 UTC. They will be available in the account on January 2 at 0:00 UTC, which is 14 hours later. Tokens were withdrawn from the PoS account on February 11 at 22:45 UTC. They will be available in the wallet at 0:00 UTC on February 13, which is 25 hours and 15 minutes later.

The user is eligible for the reward claim of one month.

Example 2

Tokens were deposited into the PoS account on January 11 at 10:00 UTC. They will be available in the account on January 12 at 0:00 UTC, which is 14 hours later. Tokens were withdrawn from the PoS account on February 11 at 22:45 UTC. They will be available in the user's wallet at 0:00 UTC on February 13, which is 25 hours and 15 minutes later.

For TMOS collected, no reward is payable for one month's staking period, as they were not in the user's wallet for a full 30 days at the time of the reward payment.

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