Krown Network WiKi
Official Website
Krown Network WiKi
Krown Network WiKi
  • Krown Network Overview
    • ⛳Our Vision
    • 💎A Kingdom Where Crypto Reigns
  • SOCIAL PROOF
  • 📃Executive Summary
  • 📝Problem Statement
  • 📈Market Opportunity
  • 🏛️Governance Structure
  • 🛡️Security Model
  • 💡Use Cases
  • 👩‍🏫Team and Advisors
  • 🗿Partnerships
  • *️Risks and Mitigation
  • 🎯Token Utility
  • 📶Competitor Analysis
  • 👾Future Vision
  • ↗️How to Buy Krown Coin
    • CREATING A WALLET
    • 🦊Buy with MetaMask
    • Buy with Trust Wallet
    • Buy with ETH or BNB
    • 🛃Buy with USDT
    • 💸Buy ETH or BNB with a Card
    • Buy with BTC or Kaspa
    • Buy with DOGE or SHIB
    • Buy with Solana or XRP
    • Buy with Fantom or Cardano
  • Intro to Blockchain and Crypto
    • The Evolution of Blockchain
    • 💹PoW vs. PoS
    • ❇️The Role of Crypto in a Decentralized Economy
  • PoS vs. PoW
    • Why PoS Makes Krown Blockchain Superior
      • ⚒️Proof of Work (PoW): The Traditional Model
      • 🪅Proof of Stake (PoS): The Superior Alternative
      • 🗻Why Krown's PoS Blockchain is the Future
      • 💥Conclusion: PoS Is the Clear Choice for the Future
  • Staking Rewards & Slashing Penalties
    • 🤝Staking Rewards Without Minting New Tokens
      • 🔦Slashing Penalties
      • 💹Benefits of a Fixed Supply Staking Model
      • 🎛️Conclusion
  • 👽Notable Features of The Krown Network & Blockchain
    • 🎁Unmatched Rewards System
    • ⚖️Scalable and Efficient PoS Blockchain
    • 🎍Largest Crypto Ecosystem in the World
    • 🥈Eco-Friendly and Sustainable
    • 🏚️Seamless Developer Experience with Smart Contracts
    • 🏀Deflationary Asset Model
    • 🦸Inclusive Staking for All Users
    • 🔐Unparalleled Security
    • 🚧Low Barriers to Entry
    • 🏯Extensive Use Cases
    • 💱The Future of Crypto is Here
  • Camelot Ecosystem
    • ⭐Introduction
    • 🪙Krown Coin (KROWN)
      • 💼Key Uses of Krown Coin (KROWN)
      • 🇹🇰KROWN Tokenomics
        • 💯Total Supply
        • 🧢Distribution and Allocation
        • 🚖Transaction Fees and Taxes
        • 🪩Reflections
        • 📉Charity Contributions
      • 💸KROWN’s Economic Model
        • Initial Distribution
        • Transaction Fees
  • 🇫🇲The Krown Blockchain
  • KrownSocial
  • 💲KrownCash
  • KrownPay
  • ♣️KrownCard
  • ⏭️KrownEX
  • 🎨KrownMint
  • KrownBank
  • KrownVault
  • Krown Casino
  • Krown Explorer
  • KrownSwap
  • 🏓KrownPad
  • KrownAI
  • 🏫Krown University
  • 🏪Krown Store
  • 🏇KrownRanker
  • Krown Charities
  • Excalibur
  • 🏚️Krown Agency
  • KrownSure
  • 🛟Krown Rewards
  • Krown Physical Coin
  • 🎮KROWN (The Game)
  • 🗳️Krown Wallet
  • The Royal Journey (Roadmap)
    • Year 1 (2024-25)
    • Year 2 (2026)
    • Year 3 (2027)
  • Special Events & Groups
    • The Krown Konference (Annual)
    • 🎩Camelot Gala (Exclusive)
    • 🇧🇮The Roundtable (Inner Circle)
    • 🏁KrownCon Hackathon (Annual Developer Event)
  • Brand Identity
    • 🔮Slogan & Font
    • Main Logo
    • KrownCoin Logo
  • Glossary
  • Important Legal Considerations
    • Disclaimers and Limitations of Liability
    • Governing Law and Jurisdiction
    • Arbitration
    • No Class Action
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  1. Staking Rewards & Slashing Penalties

Staking Rewards Without Minting New Tokens

In the Krown Blockchain, staking rewards will be distributed without minting additional tokens. Instead, the rewards for staking come from a portion of the transaction fees generated on the network. This ensures that the total supply of 100 billion KROWN remains fixed, while still providing strong incentives for users to stake their tokens.

  1. Staking Process:

  • Users can lock up their KROWN tokens in a staking contract via the Krown Wallet or

    KrownCash app. The more KROWN a user stakes, the higher their chances of being

    selected to validate transactions and earn rewards.

  1. Reward Pool from Transaction Fees:

  • Instead of minting new tokens, the staking rewards come from the transaction fees paid

    by users of the network. Every transaction on the Krown Blockchain incurs a fee, and a

    portion of this fee is distributed to validators who participate in securing the network.

  • For example, a percentage of the 5% buy/transfer tax and 10% sell tax is allocated to the

    staking rewards pool, ensuring that active validators are compensated for their work.

  1. Validator Selection and Rewards:

  • Validators are chosen based on the amount of KROWN staked and the randomness built

    into the PoS algorithm. Once selected, validators validate a block of transactions and earn

    rewards.

  • No New Tokens: Instead of receiving newly minted tokens, validators earn a share of the

    transaction fees paid by users in the validated block.

  • The staking reward pool is sustained by ongoing activity within the network, meaning the

    more transactions occur, the larger the reward pool for stakers.

  1. Claiming Rewards:

  • Stakers can claim their share of the rewards from the transaction fee pool at regular

    intervals. The rewards are directly tied to the number of transactions processed on the

    network, encouraging validators to stay active and engaged.

  • Users can either re-stake their rewards to compound their earnings or withdraw them for

    use in other areas of the ecosystem.

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Last updated 7 months ago

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