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OneFinity Docs
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  • Welcome to OneFinity
  • OneFinity
    • What is OneFinity
    • OneFinity approach
    • What is a Sovereign Shard?
  • Technology
    • Basic concepts
      • Nodes and Wallets
      • Epoch and Rounds
      • Secure Proof of Stake
      • Glossary
    • Sovereign Shard
    • WASM Virtual Machine
    • Ethereum Virtual Machine (EVM)
    • ESDT vs ERC-20
    • Run a OneFinity node
      • System Requirements
      • Configuration
      • Installation
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      • Management
      • Nodes
        • Rating
        • Redundancy Setup
        • Configuration files
        • Operation modes
        • Node Databases
        • Import Database
        • Node CLI
      • Staking
      • Unstaking
      • Jail/Unjail
      • Staking Smart Contract
      • Keys
        • Validator Keys
        • Wallet Keys
        • Multikey nodes
  • Validators
    • Overview
    • Git repo
    • Binaries
    • Go
    • General setup
    • How to generate a Validator pem
    • Node start
    • Interact with the blockchain
    • Unjail
  • OneFinity Protocol
    • Overview
    • Governance
    • Protocol Rewards
      • Validators
      • Delegators
      • Staking Agencies
    • ONE Token
    • OG Validators: NFT Staking
  • Technical documentation
    • Overview
    • Integration of the Ethereum Virtual Machine (EVM)
    • Integration of the Ethereum Remote Procedure Call (RPC)
    • Interoperability between Ethereum and MultiversX ecosystems
    • Tools and SDKs for developers
    • Environments
  • Bridges
  • Ecosystem
  • Grants
  • FAQs
  • Social Media
  • Roadmap & Tokenomics
  • Team
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  1. Technology
  2. Basic concepts

Glossary

  • Service Fee: A charge levied by service providers on the rewards received by their staking pools.

  • APR (Annual Percentage Rate): The yearly interest rate.

  • Delegation Cap: The upper limit on the amount of funds a staking pool is authorized to accept.

  • Staking Pool: A contractual system designed to aggregate funds for the purpose of staking.

  • Staking Provider: An entity operating a staking pool and facilitating the staking of funds.

  • Unbond: The process of withdrawing funds to the original account following a ten-epoch unbonding period.

  • Unstake: Expressing the intention to make staked or delegated funds accessible after a ten-epoch unbonding period.

  • Delegate Rewards: Earnings generated by locked funds in delegation contracts. These earnings can either be claimed or redelegated.

  • Stake Rewards: Income derived from locking funds to support validator nodes, enhancing network security. Rewards may be claimed or reinvested.

  • Delegate: Supporting network security by allocating a minimum of 3000 ONE towards the OneFinity Community Delegation contract.

  • Stake: Promoting network integrity by delegating a minimum of 100 ONE (To Be Determined) to a staking provider overseeing validator nodes.

  • Validate: Contributing to the network's operations by managing a validator node, crucial for relaying and validating information.

  • Observer: A non-active network participant, serving as a conduit for reading and relaying information.

  • Validator: A network node that has staked a minimum of 3000 ONE along with acquiring a Validator NFT to actively engage in transaction processing and the consensus mechanism, thereby safeguarding the network and accruing protocol and transaction fee-based rewards.

  • Node: A computational platform or server running the OneFinity client, tasked with the relay of messages received from peer nodes.

  • Address: A wallet's public key, adhering to the bech32 format outlined in BIP 0173, typically beginning witherd1. Example: one6a7clms4dwyjmxzlxey2pmygvxdal4q76pdymzhj9xzjyxns000qgy5w2j

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Last updated 8 months ago