Interactions and Outcomes
Interactions and Outcomes
TAN: Production and Consumption Activities and Benefits
Developers and Stakers produce mobile apps and platform adoption respectively, earning fees.
TAN Production Activities: Introduction
The following section first describes the factors that encompass all aspects of the material, social, and institutional environment which set the context for the various actors and user groups to harvest TEL from Telcoin Application. We then provide a descriptive analysis of TEL harvesting levels across the various user groups, and propose evaluative criteria that could be used by to determine which outcomes the community would deem satisfactory.
Contextual Factors
TAN: TEL Harvesting Interactions and Outcomes
Attributes of the System: Telcoin Application Network and TEL
Resource System: Telcoin Application Network and TEL
The resource system or facility involved in the generation of goods and services. The Telcoin Application Network “TAN” is a network of mobile applications and smart contracts nested on top of TELx and Telcoin Network as a mobile access layer to the Telcoin Platform, enabling users to access and the products and services it generates.
Resource Products
TEL
The characteristics of the units extracted from the Telcoin Platform that can then be used to consume platform services, held for later use, or used as an input in production, harvesting, governance, or exchanged for other goods or services.
TAN Actors: Attributes
Application Developers (“Developers”)
Role: Mobile application development
GSMA members who stake TEL on TAN and produce mobile applications that integrate with the Telcoin Platform and connect users to its services and each other through the system. They earn transaction fees from consumers, harvest TEL based on their mobile user base’s pro-rata share of adoption of the Telcoin Platform, and participate with others in their Miner Group in Telcoin Platform Governance based on their pro-rata share of staked TEL on TAN by Developers.
Stakers
Role: Platform adoption
Stakers are Telcoin mobile application customers who stake TEL, market and connect with their networks to establish the Telcoin Platform as a shared infrastructure for settling payments. They earn a percentage of their referred users’ fees in TEL, harvest TEL from TAN based on their network’s adoption of the Platform, and participate with others in their Miner Group in governance based on their pro-rata share of TEL staked on TAN by Telcoin mobile app users.
Telcoin Mobile Application Users
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 |
TAN: Production, Consumption Interactions and Fees
Actors | Benefit | Activity | Flow of Benefits | Basis for Income |
---|---|---|---|---|
Developers | Income from transaction fees | Developing a Telcoin application, and earning fees on each trade. | Developers earn fees on every transaction type they charge. | Transaction fees are determined by each Developer. |
Stakers | Income from TEL referral fees | Staking TEL, referring new users, and earning TEL fees each time referred users pay fees. | Earn TEL referral fees each time their referred users transact. | Based on their TEL staked and referral fee rate. |
Users | Mobile, self-custodial access to DeFi products at any time. | Transacting, storing, and sending digital assets. | Users settle payments or receive a new asset each time they make an exchange transaction. |
Evaluative Criteria
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