Transmitter Staking & Consensus

Protocols manage two types of Transmitters: static and dynamic. Static Transmitters (Set M) are predefined and fixed within the protocol, while Dynamic Transmitters (Set E) are selected each round based on specific criteria. The combined total of these Transmitters cannot exceed the protocol’s maximum, defined as protocol.maxTransmitters.

Dynamic Transmitter Eligibility

Dynamic Transmitters must meet strict eligibility requirements. Each Agent must have a personal stake equal to or greater than the minimum defined by the protocol (k.personalStake >= protocol.minPersonalStake). Additionally, the total delegated stake to an Agent must meet or exceed the protocol's minimum requirement (k.totalDelegate >= protocol.minTotalDelegate).

Final Transmitter Pool

The total Transmitter pool for a given round is the union of static and dynamic Transmitters, defined as T = M + E.

Updating Transmitter Pools

At the start of each round, the current Transmitter pool is compared with the previous round to identify updates. Transmitters newly included in the current round are categorized as ToAdd, while those excluded are categorized as ToRemove. These changes are synchronized with the Master Smart Contract to ensure consistency across the network.

Round Management and Selection

During each round, Transmitter Agents are responsible for proposing and validating data according to protocol rules. Selection is based on meeting minimum personal and delegated stake thresholds, while ensuring the total number of Transmitters adheres to the protocol's maximum limit. The Round Manager contract oversees the selection process, ensuring top-ranked Transmitters are chosen based on their stake and performance.

Optimized Transmitter Selection

The selection process evaluates the total number of Transmitters required for a protocol, excluding private Transmitters. Agents are ranked by their delegated stake, ensuring that only the most capable and high-performing Transmitters are selected.

Incentivizing Delegations

Token holders are actively encouraged to delegate their tokens to preferred Agents. Delegations enhance an Agent's stake, improving their chances of selection.