Activating TEL Issuance at the Application Layer - Phase 1: Stakers

Abstract

This proposal implements TEL systems and issuance flows on TAN for Stakers, establishing the platform's application layer incentive mechanisms. With 194.44M TEL in the TAN Council Safe, weekly distributions of TEL will flow to Stakers based on their share of Platform production. This initiates the unified staking model and activates essential platform adoption incentives.

Motivation

The Telcoin Platform requires active application layer participation to achieve its vision of universal mobile-enabled blockchain services. By implementing TEL issuance for stakers, we:

• Drive user adoption through staker referrals
• Foster an on-chain ecosystem aligned with natural market incentives

Specification

A. TEL Distribution Framework

• TAN Council Safe Balance: 194.44M TEL
• Weekly Distribution:
  • Stakers: 3,205,128.205 TEL
• Distribution Timing: Every Wednesday at 00:00 UTC

B. Staker Rules

• Eligibility: To qualify for TEL issuance, a user must meet all of the following conditions:

  1. Be a user of any registered TAN Developer’s application
  2. Have entered another user’s referral code within the application
  3. Have staked TEL through the application

• Allocation Formula: 3,205,128.205 TEL per week

• Basis for Income Formula:

  • Pro-rata share of:
    • Personal fees paid
    • Referred users' fees paid

C. TAN Maximum Weekly TEL Issuance Rule:

• Throughout the entire period, total staked TEL must exceed: (Lifetime TEL issuance + Current week TEL issuance)