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  • Abstract
  • Architecture
  • VIDA
  • VIDA Security & Trustlessness
  • EVMs on PWR Chain
  • Conduits
  • Consensus
  • Scalability
  • Security
  • Transaction Fee Model
  • PWR Coin Utility
  • Costs, Inflation & Deflation
  • HOW TO
    • How To Build a VIDA
      • Basics of Blockchain Development
      • Stateless vs. Stateful VIDAs
      • Building a Stateless VIDA
      • Building a Stateful VIDA
  • FAQ
    • How does PWR Chain Resolve Inconsistent VIDA Execution Results?
  • Inconsistent VIDA Results from Non-Deterministic Execution?
  • Are there any restrictions on external API calls within VIDAs?
  • How are VIDA Upgrades Managed without Breaking Replayability?
  • If an VIDA’s Logic Changes, how does PWR Chain Ensure Past Transactions Remain Verifiable?
  • Others
    • Glossary
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PWR Coin Utility

  • Network Security (Validator Nodes & Delegators)

    • Validators and delegators stake PWR Coin to secure the network.

    • Staking contributes to network integrity and earns rewards.

    • Encourages long-term commitment and aligns incentives with the chain’s health.

  • Decentralized On-chain Governance

    • Token holders use PWR Coin to vote on proposals affecting the network.

    • Ensures a transparent and democratic process for protocol upgrades, fee adjustments, and other governance matters.

  • Transaction Fees

    • PWR Coin is used to pay transaction fees for network operations.

    • Covers fees for deploying decentralized applications, managing wallet security features, storing data, and enabling cross-chain interoperability.

    • Ensures costs are distributed fairly among users and resources are allocated efficiently.

  • Additional Fees & Network Services

    • Proposal Creation & Governance Actions

      • Incur fees when creating or modifying proposals within the governance framework.

      • Ensures that only well-considered changes are introduced to the network.

    • Early Withdrawal

      • Delegator withdrawals undergo a 7-day lock period. Acknowledging that exceptional circumstances may arise, the network allows participants to withdraw staked assets early (4, 5, or 6 days) by accepting a penalty on staked funds, balancing individual liquidity needs with the network’s sustainability.

    • VIDA Claiming & ID Management

      • VIDAs on the PWR Chain require an ID that must be purchased to secure ownership and prevent spam claims.

  • Staking by Conduit Nodes

    • Conduit nodes, essential for relaying transactions between VIDAs and the PWR Chain, must also stake PWR Coin.

    • Reinforces network reliability by ensuring nodes are invested in the chain’s security and performance.

  • Conduit Fee Payments

    • PWR Coin is used to pay transaction fees when conduits send votes and VIDA requests to PWR Chain.

    • VIDA's reward their conduit nodes with PWR Coin.

    • VIDA's can chose additional forms of assets to reward their conduits (Coins and NFTs), but PWR Coin is the base for rewards.

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Last updated 2 months ago

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