TechFlow news: The decentralized cloud computing blockchain network aelf has announced the reservation of 120 million ELF tokens (equivalent to 12% of the total ELF supply) to incentivize governance participation, rewarding BPs, candidate nodes, and voters.
BPs are also eligible for additional rewards, including transaction fees, SideChain indexing fees, and resource token trading fees. In governance elections, there is no limit on the number of voters, but the number of BPs and candidate nodes is capped, with a maximum of 2N+1 BPs.
Aelf employs the AEDPoS consensus mechanism, distributing governance authority among three key roles that jointly maintain the aelf network: Block Producers (BPs), candidate nodes, and voters.
BPs are full nodes that store data, validate transactions, and participate in aelf governance by voting on council proposals. Candidate nodes have the potential to become BPs and must participate in governance elections. Voters are Mainnet ELF token holders who stake ELF tokens to vote for nodes.
