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definitions.md

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Definitions

Zenon Alphanet features a novel dual coin mechanism ZNN x QSR and has four types of participants: Pillars, Sentinels, Stakers and Delegators.

Pillar Node

The backbone of the Zenon Network. They participate in the consensus protocol.

Pillar Requirements

  • You need both ZNN and QSR

  • Slots reserved for Legacy Pillars: 136

  • Amount QSR (burned to create the slot): dynamic starting with 150000 QSR for the first slot, 160000 QSR for the second slot, and so on

  • Amount ZNN: 15000 ZNN that will be locked

  • Locking period: 83 days

  • Revocation window: 7 days

Deploy a Pillar now

Pillar Rewards

  • It receives rewards in ZNN, depending on the rank within the network

  • You can increase a Pillar's rank by delegating more ZNN to it

Sentinel Node

Full nodes that ensure the stability of the network.

Sentinel Requirements

  • You need both ZNN and QSR

  • Amount QSR (locked to create the slot): fixed at 50000 QSR

  • Amount ZNN: 5000 ZNN that will be locked

  • Locking period: 27 days

  • Revocation window: 3 days

Deploy a Sentinel now

Sentinel Rewards

  • It receives rewards in both ZNN and QSR

Staker

Virtual now, in the sense that they are not participating in the consensus protocol; they offer economic stability for the network by locking ZNN

Staker Requirements

  • You need only ZNN

  • Amount ZNN: >1 ZNN

  • Locking period: dynamic starting with multiplies of 30 days (30, 60, 90 and so on)

Staker Rewards

  • It receives rewards in QSR depending on the total amount being staked and the duration of the locking period

Delegator

They delegate ZNN to support Pillar Nodes

Delegator Requirements

  • You need only ZNN

  • Amount ZNN: Any amount of ZNN

  • Locking period: none

Delegator Rewards

  • It receives rewards in ZNN depending on how much the Pillar (you delegated to) is willing to share with you

Other definitions

  • Zenon Alphanet: the first stage of the NoM rollout, also known as Network of Momentum Phase 0

  • ZNN (coin): required by Pillars, Nodes, and Stakers to interact and operate on the network. Used to incentivize the network participants. Scarce.

  • QSR (coin): the fuel for the NoM, powering all services built on the Zenon infrastructure. Used to create Pillars and Sentinel slots. Can be fused.

  • ZTS (tokens): an asset tokenization standard for NoM. All tokens created on NoM must follow the ZTS specification.

  • Plasma (ionized gas): is generated by fusing QSR or via PoW and is used as an anti-spam mechanism. Non-transferable. More Plasma means more transactions one can generate.

  • ZNN x QSR: the dual-coin architecture based on a mint-and-burn equilibrium adopted by NoM to achieve decentralization and ecosystem prosperity.