The Reward Pool (Magic Box)
Understanding the Reward Pool Account (The "Magic Box")
Welcome to the heart of the Toto Chain's economy: the Reward Pool, also known as the "Magic Box." It's the community's automated treasure chest, designed to reward users for helping the network grow and stay active.
This guide is structured in layers. Start with the basics and keep reading to dive deeper into the technical mechanics that power the system.
Part 1: The Basics (For New Users)
The goal of the Reward Pool is simple: to turn your activity on the Toto Chain into valuable, real rewards.
Think of it like a grand arcade game. You play games (participate in the network), you earn tickets ("puzzle pieces"), and then you can trade in your tickets for the grand prize (the TOTO token).
Your Three-Step Journey to Rewards
This is all you need to know to get started.
Step 1: Be Active to Earn Puzzle Pieces Your journey begins by participating in the network. The two main ways to earn "puzzle pieces" (called fNFTs) are:
Producing Blocks: Help secure the network.
Referring Friends: Help the community grow. As you perform these actions, the Magic Box will automatically send puzzle pieces to your wallet.
Step 2: Collect a Full Puzzle Set As you earn pieces, your goal is to complete a full set for a single puzzle.
Trade with Others: If you have duplicates, you can trade with other users to complete your set faster.
Use a "Wild Card": You might even get lucky and receive a rare "Magic Piece," which can be used as a substitute for any missing piece to finish your collection instantly.
Step 3: Turn in Your Puzzle and Get Paid! Once you have a complete set, you're ready to claim your treasure.
Submit Your Set: You start a special transaction to send your full set of puzzle pieces back to the Magic Box.
Claim Your TOTO: The Magic Box automatically verifies your set is complete and instantly transfers the grand prize—the core asset, TOTO—directly into your wallet.
Part 2: A Deeper Look (For Engaged Users)
Now that you understand the basic flow, let's look at the specific assets inside the Magic Box and how they interact.
TOTO (The Core Asset): This is the main prize. TOTO is the chain's valuable, liquid token. The Reward Pool holds the main reserve of TOTO that can be claimed by users.
Locked NFTs (The Puzzles): Before any "puzzle pieces" can exist, a user or project must first donate a full, standard NFT to the Magic Box. This NFT is locked inside the pool and becomes the "picture on the puzzle box" that users try to complete.
fNFTs (The Puzzle Pieces): When an NFT is locked, the Magic Box creates a corresponding set of fNFTs. The number of pieces in the set is determined by how many active referrals the person who donated the NFT has, directly linking rewards to network growth.
Magic Pieces (The Wild Card): These rare fNFTs are not part of any specific puzzle. They are created automatically by the system based on overall network activity and are periodically distributed to random users.
POTENTIAL (The Utility Token): Think of POTENTIAL as temporary arcade tickets. You earn POTENTIAL for being active, and you can only spend it on network fees or for referring new users. If you don't use it within about 28 days, it "expires" and goes back into the Magic Box, eventually becoming part of the TOTO treasure pool.
Part 3: The Technical Details (For Developers & Power Users)
This section details the core mechanics, security model, and economic parameters of the Reward Pool.
Creation and Security
The Reward Pool is a system-level account created in the Toto Chain's genesis block. Its security is guaranteed by the runtime itself:
No Private Key: The account is not controlled by a private key that could be lost or stolen.
Runtime-Managed: All funds are managed by the blockchain's immutable logic. Assets can only move into or out of the pool through specific, hardcoded functions (extrinsics), making its behavior transparent and predictable.
The Flow of Assets: A Detailed View
How the Pool is Filled (Inputs):
Initial Supply: The pool was initialized with a genesis supply of 21 billion TOTO.
POTENTIAL Decay & Spend: All POTENTIAL that is spent on fees or expires from user accounts is sent to the Magic Box.
NFT Submissions: Users contribute new full NFTs, which become the basis for new fNFT sets.
How Rewards are Distributed (Outputs):
fNFT Distribution: fNFTs are distributed for specific on-chain ACTIONS, primarily block production and successful referrals.
Magic Piece Distribution: The pool mints and randomly distributes one Magic Piece for every
XfNFTs distributed across the network (whereXis a configurable parameter).TOTO Claims: When a user submits a complete fNFT set, a predetermined amount of TOTO is transferred from the pool to their account.
Economic Controls
To ensure long-term sustainability, the Reward Pool has built-in economic controls:
Liquidity Halving: The amount of claimable TOTO in the reserve pool is designed to halve every 28-day cycle. This is a deflationary mechanism that regulates the inflation of the core asset.
Asset Recycling: Unclaimed TOTO from a halving period is not lost. It remains in the pool and is eventually recycled back into the main potential pool after 13 halving periods (approximately one solar cycle).
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