Scenarios in Re-staking Model
As part of the ongoing transition of Plugin from version 1.0 to 2.0, Plugin governance committee after a thorough assessment has decided to discontinue Re-staking and Top-ups to the staking.
The following are examples of 2 scenarios that will help you understand the Restaking Model a little better.
Scenario 1: A fully staked node (2000 stake plus 18000 top-up - 20,000 PLI Total)
If enabled, restaking happens automatically for every 1000 PLI tokens earned. The operator continues to earn 10% on the original 10,000 PLI and begins to earn 2.5% on the amount over 10,000 PLI that is restaked. The newly staked PLI is locked for one year.
Scenario 2: A staked but not fully topped-up node (i.e. 2000 staked plus 4000 top-up - 6000 PLI Total)
If enabled, top-up happens automatically for every 500 PLI tokens earned. The operator will earn 10% on the original 6000 PLI and also earn 10% on the top-up amount until the node becomes fully staked at 20,000 PLI. The newly staked PLI is locked for one year. Once fully staked, the procedure in Scenario 1 becomes in force.
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