Interactions and Outcomes
Interactions and Outcomes
TAN Improvement Proposal (TANIP)
The process used by the TAN Council to make decisions related to TAN improvements and policies.
Overview
The following section describes the TAN Improvement Proposal (TANIP) process. The TANIP is used by the TAN Council to provision(plan and finance) improvements to the TAN system, regulate the flow of TEL issuance throughout TAN, and determine and enforce operational rules on TAN including harvesting.
TAN Governance System: Attributes
The TAN Council sets, enforces, and refines the day to day operational rules for interacting with the Telcoin Application Network rules, including setting TEL harvesting rules. The TAO, the Telcoin Association’s wholly-owned production and administration unit, services to produce and administer collective goods at the direction and financing of the Association and all of its Miner Councils.
TAN Council: Authority and Decision-making Rules
TAN Council governs TAN harvesting rules using the TANIP process. The Platform and Treasury Council use the TELIP process to govern TEL Treasury distribution rules, which dictates the TEL available to be harvested on TAN.
Council | Representation | Process, Domain of Authority | Decision-making Rules |
---|---|---|---|
TAN Council | TAN Council · Members: 6 · Representation: Stakers: 2 reps Developers: 2 reps Liquidity Miners: 1 rep Validators: 1 rep | Telcoin Application Network Improvement Proposal (TANIP) TAN operational rules including allocation, harvesting, planning and financing, information, communication. | Proposal Authority: TAN Council, TAO Approval: 5 out of 6 Quorum: 100% Duration: 120 hours Channel: telcointancouncil.eth |
TANIP: Process
- Approval Rate: 5/6
- Duration: 120 hours (5 days) If the proposal receives at least 5/6 approval within 5 days of submission, it is affirmed.
- Approval (Veto) Rate: 3/4
- Duration: 72 hours (3 days)
- Off-Chain: The TAN Council either implements the proposal itself or works with the TAO or other third parties to implement the update.
- TEL Transfers: TEL is transferred from the TAN Safe to the intended address as a result of the affirmation of the proposal.