Add some context information about NU and its uses.

pull/2463/head
derekpierre 2021-02-04 12:11:53 -05:00
parent 72899513b3
commit a19da053d1
2 changed files with 8 additions and 4 deletions

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@ -10,14 +10,16 @@ The Worker is bonded to a Staker and performs work on behalf of the Staker.
Staker Overview
----------------
A nucypher staker is a holder of NU and manager of one or more stakes. Stakes are initiated by locking NU into
A nucypher staker is a holder of NU and manager of one or more stakes. NU is an ERC-20 token that underpins the network. Stakes are initiated by locking NU into
the *"Staking Escrow "* contract for a fixed duration of time. Staked NU earns two income streams: inflation
rewards (NU) and policy fees (ETH). Staked NU gradually unlocks with each period of completed,
depending on *re-stake* and *wind-down* options.
depending on *re-stake* and *wind-down* configuration options.
Active network participation (work) is delegated to a *Worker* node through *bonding*.
There is a 1:1 relationship between the roles; One Staker to one Worker. A Staker controls a single Ethereum
account and may have multiple substakes, but only ever has one Worker bonded at a time.
account and may have multiple substakes, but only ever has one Worker bonded at a time. To ensure the integrity of the network and its service quality,
staked NU can be :ref:`slashed <slashing-protocol>` due to misbehaviour, deliberate or unintentional, by the
corresponding worker.
Worker Overview
----------------

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@ -1,5 +1,7 @@
.. _stake-management:
Stake Management
-----------------
----------------
Several administrative operations can be performed on active stakes: