Table of Contents
Do not index
Banner Image URL
TL;DR
- Community feedback identified the need to improve reward stability and operational continuity, as some node operators occasionally face downtime due to their local environments, updates, or infrastructure hiccups.
- This proposal introduces veSONIC Staking, enabling node holders to bond veSONIC to their nodes, strengthen operational weight, and earn continuous real-time Boost rewards based on participation and uptime.
- Through real-time accrual and optional Auto-Stake compounding, the system encourages consistent participation, enhances network reliability, and aligns incentives for long-term commitment.
- Voting Details: Only Node Holders are eligible to vote. Each node equals one vote. The proposal will be open for 72 hours, requiring at least 50% approval and a minimum of 10,000 total votes cast for the result to be valid. Upon approval, the veSONIC Staking mechanism will be activated immediately on the main network.
Purpose & Background
Community feedback highlights a practical gap: node operators often experience downtime from their local environments, updates, or infrastructure hiccups, resulting in missed rewards.
To address this, we introduce veSONIC Staking and Boost, a framework designed specifically for node holders, enabling them to bond veSONIC to “operate” their node and maintain continuity of accrual even during temporary offline periods, while still contributing to network reliability and long-term alignment.
Locking veSONIC activates a node’s operational weight and grants reward boosts proportional to stake. During brief, unplanned outages, staked nodes accrue a capped baseline yield that smooths compounding without encouraging persistent downtime. Bonded veSONIC also strengthens network security and participation, helping sustain service quality even when a node is temporarily offline.
Goals
- Strengthen network reliability and service quality
- Support consistent participation from node operators
- Encourage long‑term alignment and compounding behavior
- Promote sustainable, long‑run reward economics
Feature Overview
- Staking
- Node holders can stake any amount of veSONIC.
- Staked veSONIC can be unstaked at any time, providing full flexibility.
- Auto-Stake
- When enabled, newly produced veSONIC is automatically restaked after settlement .
- Auto-staked veSONIC follows the same rules as staking.
- Boost Mechanism
- Boost increases a node’s effective production weight in proportion to its staked veSONIC.
- Boost affects only the relative distribution of daily rewards; total network rewards remain constant.
Parameter Disclosure
Daily Settlement Time: Every minute
Reward Composition: Node rewards are composed of two dynamically weighted components controlled by system parameters.
Reward Parameters:
- k1 = 0.6 — baseline allocation factor
- k2 = 0.4 — boost factor
Reward Source & Calculation
The total node reward pool remains constant and is continuously distributed across all nodes in real time.
Each node’s share is determined by both baseline participation and staking-based performance weighting.
Formulas
NodeReward_PerMinute = GlobalPool_PerMinute × [k1 × (1 / N) + k2 × (Node_StakingWeight)
Node_StakingWeight = Node_StakingAmount/ Σ Node_StakingAmount)]
N = The total number of active nodes participating in the reward distribution
Voting Configuration
Voter Eligibility: Node Holders only
Voting Power: 1 node = 1 vote
Voting Period: 72 hours
Effective Conditions: Total votes ≥ 10,000（Yes > 50%）
Execution: Upon approval, work on the veSONIC Staking feature will begin immediately, with deployment scheduled after development and testing.
Voting Options
Option A: YES — Approve
Support enabling veSONIC Staking and Boost Mechanism, allowing node holders to stake veSONIC for higher node production.
Option B: NO — Reject
Do not activate veSONIC staking at this stage or request further validation of the model.