diff --git a/docs/basics/creator-staking/active-staking.md b/docs/basics/creator-staking/active-staking.md index a281d457..cff50efc 100644 --- a/docs/basics/creator-staking/active-staking.md +++ b/docs/basics/creator-staking/active-staking.md @@ -1,74 +1,6 @@ --- id: active-staking title: Active Staking -description: Active Staking lets you boost your SUB staking rewards by actively using Subsocial and interacting with the best creators. -keywords: [Subsocial, Staking, Rewards, Creators, Content, Polkadot] --- -*Active Staking is currently in Alpha.* - -Active Staking allows stakers to boost their rewards by actively engaging with good content on the network. -It is notably more complex than Lazy Staking, so let's look at an example to see how it works. - -If Alice stakes 700 SUB in Lazy Staking, she will have 700 points that she can use in Active Staking, which will be reset daily (if she staked more, she would have more points). To maximize her point usage, she will need to use all 700 points everyday. In other words, Alice will have 4,900 (700 x 7 days) points to use during the week, but she can only use 700 per day. If she uses only 600 points on Monday, and 700 every other day of the week, she will only have used 4,800 points, and will miss out on some of her rewards. - -In the current version of Active Staking, **users will need to like at least 10 posts per day to maximize their rewards - each like will use 10% of their points.** - -**Every post that Alice likes during the day will increase her Active Staking rewards pot (which is separate from her Lazy Staking rewards) by 10%, up to 100%** (this may be changed to, for example, a 5% increase per like instead of 10%, which would mean users need to like at least 20 posts per day to maximize rewards). Every week, rewards will be distributed to stakers and authors. In order for Alice to maximize her rewards pot for the week, she will need to like 10 posts per day, every day of the week, for a total of 70+ during the week. - -Alice’s reward pot will be split 50/50 between Alice and authors of the posts that she liked. -If she liked more than 70 posts, her points will be split accordingly: - -- 700 points / 10 likes → 70 points per like -- 700 points / 20 likes → 35 points per like - -Thus, she can support more authors and content, but with fewer rewards for each particular author. -Alice's personal rewards will not be changed regardless of how many posts she liked, as long as she liked at least 10 per day. - -**If Alice earned 100 SUB in Lazy Staking rewards the previous week, and liked enough posts to maximize her rewards pot, -she will receive an extra 50 SUB, for a total of 150 SUB.** -The other 50 SUB will be distributed to the authors of the posts that Alice liked, based on points. - -In order to ensure a healthy % of stakers are active, a reward multiplier exists. - -### The Reward Multiplier - -The Active Staking system includes a feature called the “Reward Multiplier,” which enhances the rewards you earn based on overall staker activity. -Here’s how it works in simple terms: - -1. **Base Calculation**: Your base rewards in the Active Staking system are determined by your Lazy Staking rewards. For instance, if you earned 100 SUB through Lazy Staking, that’s your starting point for Active Staking rewards - 100 SUB, for a total of 200 SUB combined. - - -2. **Multiplier Effect**: The multiplier effect kicks in based on how active the entire staker community is. The formula for this is: Your Lazy Staking rewards multiplied by (1 divided by the percentage of total points used by all stakers last week). - -- Example Scenario: Imagine there were 100 points in total available to use last week. If Stakers collectively used 75 of those points, the calculation for the multiplier would be (1 / 0.75), which equals approximately 1.333. All Active Stakers would get a 1.333x multiplier on their Active Staking rewards pot. - -3. **Calculating Your Rewards**: Using the multiplier, your rewards pot increases. In our example, with an Active Staking reward pot of 100 SUB and a multiplier of 1.333, your new reward pot would be 133 SUB (100 SUB times 1.333). - -4. **Distribution of Rewards**: You receive 50% of this enhanced reward pot. So, in our example, you would earn 66.5 SUB (half of 133 SUB). The remaining 50% is distributed among the authors of the content you liked. - -5. **Upper Limit of Multiplier**: There’s a cap to this multiplier effect, which is set at a maximum of 4x. This means that even if the formula suggests a number higher than 4, the maximum multiplier applied will still be 4x. For instance, if only 20% of last week’s points were used, the formula would yield 5 (1 / 0.20), but the multiplier would be capped at 4x. - -![](../../../static/img/StakingRewardMultiplier.png) - -This Reward Multiplier is designed to further motivate stakers to participate actively. -The more active the community is, the higher the potential rewards, echoing the early days of Creator Staking. - -The Active Staking system will encourage users to log in everyday and interact with the network (just like everyone does with Facebook, X, etc.), -as well as providing some possible incentives for authors that are not officially Registered Creators on Subsocial yet. -On top of that, the system incentivizes users to stake more SUB, and will provide a great signal about which authors should be added as Registered Creators, -if they consistently receive lots of points on their posts. - -### Rules -Points are only used when liking posts that were posted within the last 7 days by authors that have a Subsocial Usernames and staked SUB. -Liking a post from an author without a Subsocial Username and some stake will not increase your rewards pot, and authors cannot like their own posts. - -### Rewards -Tokens for Active Staking will likely come from inflation, but may be sourced from the Subsocial treasury during the Alpha period, -depending on an on-chain vote. -The first month of the Active Staking alpha will use up to 803,520 SUB, depending on the percent of stakers that become active. - -### Joining The Alpha -To join the waitlist for the Active Staking alpha, you will need to join the [Active Stakers chat](https://grill.chat/creators/stakers-20132) on Grill.chat, -log in with a Polkadot identity (Subsocial Username, KILT w3n, or Polkadot/Kusama on-chain identity) -and enable at least one notification option. Make sure your account has some SUB [staked](https://sub.id/creators) too! +Active Staking has been replaced by [Content Staking](https://docs.subsocial.network/docs/basics/content-staking/content-staking). diff --git a/docs/basics/creator-staking/creator-staking.md b/docs/basics/creator-staking/creator-staking.md index 649d0fd5..fce26c96 100644 --- a/docs/basics/creator-staking/creator-staking.md +++ b/docs/basics/creator-staking/creator-staking.md @@ -1,35 +1,6 @@ --- id: creator-staking title: Creator Staking -description: Creator Staking allows SUB token holders and creators of content, communities, and applications, to earn rewards for helping to grow the Subsocial network. -keywords: [Subsocial, Staking, Rewards, Creators, Content, Polkadot] --- -The Creator Staking system has two main objectives: grow the network, and improve curation. Here, we will look at how the system functions. - -Heavy inspiration was taken from the Dapp Staking system implemented on Astar Network, -aimed at incentivizing developers to build applications on the network. -Creator Staking expands this idea to include creators of content and communities, as those are also very valuable to Subsocial. - -There are two ways to participate in Creator Staking, and you can do both at the same time: - -- [Lazy Staking](https://docs.subsocial.network/docs/basics/creator-staking/lazy-staking) is simply staking your tokens to support your -favorite creators, giving you and them rewards everyday - -- [Active Staking](https://docs.subsocial.network/docs/basics/creator-staking/active-staking) allows you to boost your rewards by up to 3x by actively -participating in the network and engaging with creators and content - -Token holders can start staking [here](https://sub.id/creators). -The minimum amount that users can stake is 100 SUB, and they will need to have at least 10 SUB left over after staking. - -Creators of applications, content, and communities can register as Creators in the Creator Staking system, allowing token holders to stake towards them. -If you are a creator that would like to register, fill out this [form](https://forms.gle/aneosvJP1ntJ9Zrh6). In the future, -creator registration will likely become permissionless, or take place through on-chain governance, though we are waiting to see how the system performs. - -Staked tokens will be subject to a roughly 7 day unbonding period in order to unstake them. -After the unbonding period, another transaction will be required to fully unlock the tokens. - -While Subsocial does not need staking for network validation (as it is secured by Polkadot), the implementation of Creator Staking will still positively benefit the network, -by transferring token share from those are not participating in network growth, -to those that are, as well as aiding in network curation and incentivising high quality creators. - +Creator Staking has been replaced by [Content Staking](https://docs.subsocial.network/docs/basics/content-staking/content-staking). diff --git a/docs/basics/creator-staking/lazy-staking.md b/docs/basics/creator-staking/lazy-staking.md index 7ceb9d53..7008a626 100644 --- a/docs/basics/creator-staking/lazy-staking.md +++ b/docs/basics/creator-staking/lazy-staking.md @@ -1,33 +1,6 @@ --- id: lazy-staking title: Lazy Staking -description: Support your favorite creators with lazy staking, allowing you to stake and forget, while still receiving rewards. -keywords: [Subsocial, Staking, Rewards, Creators, Content, Polkadot] --- -Lazy staking allows SUB holders to support their favorite creators with minimal action required. -Simply stake to your favorite creators and receive rewards, while also supporting them with rewards too. - -You can start staking to your favorite creators and see the current reward APR on the [staking dashboard](https://sub.id/creators). - -### Rewards - -Of the tokens allocated to Lazy Staking rewards, 66.7% will be distributed among stakers, and 33.3% will be distributed among creators. -Creators will receive tokens based on how many SUB are staked towards them, compared to other creators. -As usual, the more tokens a user stakes, the more they can expect to receive in return, -and a creator with one million SUB staked towards them will receive more rewards than a creator with only one thousand SUB staked towards them. - -Stakers will receive the same rewards regardless of who they stake to, effectively making this a vote, -and improving curation by signaling to the network what is most popular with users. - -![](../../../static/img/staking.png) - -Subsocial currently has 1.58% inflation. 90% of this inflation will be allocated -towards Lazy Staking (the remaining 10% will go to the treasury). -The inflation rate and percentage of inflation that is allocated towards Creator Staking is subject to change. - -Staked tokens will be subject to a roughly 7 day unbonding period in order to unstake them. -After the unbonding period, another transaction will be required to fully unlock the tokens. - -To boost your rewards, participate in [Active Staking](https://docs.subsocial.network/docs/basics/creator-staking/active-staking). - +Lazy Staking has been replaced by [Content Staking](https://docs.subsocial.network/docs/basics/content-staking/content-staking).