Staking-equivalent License

Introduction

AegisAI employs the PoS+W inference consensus mechanism, where the network’s security and availability highly depend on the total value of staked tokens and the scale of computational power.

To establish a robust and attack-resistant network by the mainnet launch, AegisAI will collaborate with major mining pools during the testnet stage. In the collaboration, AegisAI introduces staking-equivalent License as substitutes for staked tokens, enabling the network to scale securely before token issuance. This approach can even drive testnet adoption by dApps with moderate security and anti-censorship requirements.

Collaborated mining pools must meet specific requirements for computational power and staking scale, while also supporting upgrade tests during the testnet stage. In return, they receive staking-equivalent licenses. License has a max supply of 48,000 and can only be minted before the launch of mainnet.

After the launch of mainnet, staking-equivalent licenses will be written into the genesis block. They are treated as an equivalent staking of a certain amount of tokens, and can be used as the staking for both resource nodes and validators.

How Staking-equivalent License Works

• In the Testnet Stage:

  • License can only be minted during the testnet stage, and ownership and authorization information of License will be recorded on the testnet by the DEV team.

  • Given the frequent network upgrades at this stage, node misbehavior will not result in License liquidation.

• In the Mainnet Stage:

  • Upon the mainnet launch, all License data is embedded into the genesis block.

  • In the mainnet stage, Licenses function as standard staking assets and can be liquidated. If a liquidation occurs, the liquidated License is burned, and the corresponding tokens are released as network rewards.

  • When the mainnet stabilizes, a mainnet upgrade will allow holders to burn the License and redeem the corresponding tokens.