How to join the Taofu Validator Program
Last updated
Last updated
Validators can onboard their communities to Taofu in a way that allows those delegating to them to obtain liquid sTAO while retaining earnings from running their validator.
Joining the Taofu ecosystem as a validator incurs two fees:
10% of the delegated TAO.
10% of the validating commission earned.
When a user mints sTAO using the validator or community referral, 90% is delegated to the chosen validator, and 10% to the Taofu Validator. Validators also contribute 10% of the commission that they retain from their delegators to the Taofu Protocol Treasury.
To maintain security and efficiency, validators must adhere to the Taofu Protocol Framework. Key parameters include:
Performing within 90% of the average of the top three validators.
Setting a 9% commission rate.
A minimum (variable) TAO stake.
New validators have a 7-day grace period to meet these standards. Failure to comply results in a daily 10% stake slash, with re-delegated TAO distributed among remaining validators, including a 10% allocation to the Taofu Validator.
To join the Validator Program, contact the Taofu team.
