Staking Rewards
Following the fundraising commitment: The total number of tokens at the genesis block is 55 million TOMO tokens for circulation; 12 million additionally are reserved for the team vested over 4 years; and another 16 million are reserved for strategic partners and as part of an ecosystem building fund. The final 17 million are reserved as block rewards for 8 years. The amount of tokens in circulation at the end of the 8th year after the genesis block is 100 million TOMO. After the mainnet: the block reward for the first and second year is 4 million TOMO annually; the block reward for the 3rd, 4th, 5th year is 2 million TOMO annually; and the block reward for the 6th, 7th and 8th year is 1 million TOMO annually. Subsequently, the block reward will be halted, or activated at a number less than or equal to 1 million TOMO annually.
Implementation: Each epoch consists of 900 blocks, which will reward a total of 250 TOMO in the first two years. 250 TOMO will be divided across all Masternodes proportional to the number of signatures they sign during the epoch. The reward achieved by each Masternode will be divided into three portions. The first portion of 40%, called the “Infrastructure Reward,” goes to the Masternode. The second portion of 50%, called the “Staking Reward,” goes to the pool of all voters for that Masternode shared proportionally based on the number of tokens staked out of the total number of tokens staked. The last portion of 10%, called the “Foundation Reward,” goes to a special account controlled by the Masternode Foundation, which is run by TomoChain Lab Pte Ltd. initially.
Reward frequency: Every epoch (~30 minutes), Voters and Masternodes automatically receive rewards.
Note that, for simplification of illustration:
The total amount of staked TOMO for all Masternodes is equal
The signatures for all Masternodes in the scenarios are equal
With these assumptions, all Masternodes receive the same divided reward (R) and the same infrastructure reward. Furthermore, the reward for Voters with 1,000 staked TOMO is equal regardless of which Masternode is voted for.
Reward per epoch:
MN infrastructure reward = 0.4 * 5 = 2 TOMO
For Voters with 1k staked = (0.5 * 5 * 1000) / 100k = 0.025 TOMO
MN staking reward with 50k TOMO deposited = 50 * 0.025 = 1.25 TOMO
Reward per week:
MN infrastructure reward = 336 * 2 = 672 TOMO
For Voters with 1k staked = 336 * 0.025 = 8.4 TOMO
MN staking reward with 50k TOMO deposited = 336 * 1.25 = 420 TOMO
Reward per year:
MN infrastructure reward = 17,520 * 2 = 35,040 TOMO
For Voters with 1k staked = 17,520 * 0.025 = 438 TOMO
MN staking reward with 50k deposited = 17,520 * 1.25 = 21,900 TOMO
Total reward per MN with 50k deposited = 35,040 + 21,900 = 56,940 TOMO
Reward per epoch:
MN infrastructure reward = 0.4 * 2.5 = 1 TOMO
For Voter with 1k voted = (0.5 * 2.5 * 1000) / 80k = 0.015625
MN staking reward with D = 50k deposited: 50 * 0.015625 = 0.78125 TOMO
Reward per week:
MN infrastructure reward = 336 * 1 = 336 TOMO
For Voter with 1k voted = 336 * 0.015625 = 5.25 TOMO
MN staking reward with D = 50k deposited: 336 * 0.78125 = 262.5 TOMO
Reward per year:
MN infrastructure reward = 17,520 * 1 = 17,520 TOMO
For Voter with 1k voted = 17,520 * 0.015625 = 273.75 TOMO
MN staking reward with D = 50k deposited: 17,520 * 0.78125 = 13,687.5 TOMO
Total reward per MN with D = 50k deposited: 17,520 + 13 687.5 = 31,208 TOMO
Reward per epoch:
MN infrastructure reward = 0.4 * 1.6667 = 0.6667 TOMO
For Voter with 1k voted = (0.5 * 1.6667 * 1000) / 133,333 = 0.00625 TOMO
MN staking reward with 50k deposited: 50 * 0.00625 = 0.3125 TOMO
Reward per week:
MN infrastructure reward = 336 * 0.6667 = 224 TOMO
For Voter with 1k voted = 336 * 0.00625 = 2.1 TOMO
MN staking reward with D = 50k deposited: 336 * 0.3125 = 105 TOMO
Reward per year:
MN infrastructure reward = 17520 * 0.6667 = 11,680 TOMO
For Voter with 1k voted = 17520 * 0.00625 = 109.5 TOMO
MN staking reward with D = 50k deposited: 17,520 * 0.3125 = 5,475 TOMO
Total reward per MN with D = 50k deposited: 11,680 + 5,475 = 17,155 TOMO
Calculate your estimated rewards you are going to receive with a certain amount of staked TOMO here: https://tomochain.com/tomo-staking/
