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---
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title: STATUS-STAKING-STREAMER
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name: Status Staking Streamer Protocol
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status: raw
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category: Standards Track
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tags: status-network
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editor:
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contributors:
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- Jimmy Debe <jimmy@status.im>
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---
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## Abstract
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This specification describes the components of the smart contracts for the Staking streamer protocol.
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## Background/Motivation
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The Status Network blockchain is a layer 2 blockchain that does not have gas fees for transactions.
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Instead, users gain access to the blockchain by staking native tokens on the staking streamer protocol.
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Staking will allow users to accumulate a ERC-20 token called Karma which can be used to create transactions,
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voting rights on the network, and other benefits.
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The goal is to have a staking mechanism that is fair to all participates based on the stake amount and time staked.
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A user can have a significant increases in voting power when committed to the network for a longer period of time,
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even if their stake is not the largest amongst all participants.
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## Specification
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The key words “MUST”, “MUST NOT”, “REQUIRED”,
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“SHALL”, “SHALL NOT”, “SHOULD”, “SHOULD NOT”, “RECOMMENDED”, “MAY”, and
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“OPTIONAL” in this document are to be interpreted as described in [2119](https://www.ietf.org/rfc/rfc2119.txt).
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### Accounts
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Users wanting to participate in the protocol should have an EOA account or smart account.
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Users should own some amount of the native blockchain coin and/or token that is accepted in the protocol.
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Users will make tranaction calls to stake vaults, which are controlled by accounts.
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### Staking Flow
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- Accounts that want to stake can create one or more staking vaults.
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The `stakeVault` contract must be owned by the user(msg.sender).
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They must create a transaction to the staking contract using a native token.
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The native token must be approved/known by/to the owner of the `stakeManager`.
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- When tokens are transfered to a `stakeVault` the tokens MAY be locked in the contract for a certain amount of time, set by ther user.
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- The user will be rewarded an ERC-20 token from the `stakeManager` contract, set by the owner of the `stakeManager`.
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The user will be awarded a non transferable token (NFT). ****
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- The user will be start to accure multipler points, desibed below, based on amount of native tokens staked and for how long they are being staked.
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Those points have a limited duration and will be used by the contract to determine how to reward the ERC20 token.
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- If staked tokens are not locked, the user can withdraw the full amount of tokens at any time.
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- When locked, the user must wait until the time, which is set by the user, expires.
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-
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### Staking Manager
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### Multiplier Points
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- In the staking streamer protocol, there are multipler points (MP),
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which are internal contract accounting ensuring users are rewarded based on the amount stake and the time of stake.
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- The amount are calculated once a user transfers stake to the staking streamer.
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- The multipler points are accumulated over time and not non transferable.
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- Calcuation is based on two factors, Inital MP and Accured MP.
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- Initial MP is the MP that are issued immediately once native tokens are transfered to the `stakingVault` contract.
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The user MAY opt to lock tokens for a specific time period.
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- The Initial MP MUST be based on the amount tokens in the `stakingValut` and/or the lock-up duration.
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- The Accrued MP are accumulated over time as a function of the stake amount, elapsed time, and annual percentage yield (APY).
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## Rewards
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## Copyright
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Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
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## References
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