Only you can access Bitbon units stored in your Assetbox. When you use your bitbons in providing, they remain in your Assetbox — you do not transfer such Bitbon units to other Providers or providing fund.
Bitbons are stored in your Assetbox and are part of the base balance of your pool, which, in turn, affects the size of your remuneration.
All Providers receive remuneration from the providing fund for maintaining the decentralized execution environment of the Bitbon System.
Remuneration is credited directly to your Assetbox based on your engaged resources.
If you do not accept the transaction with remuneration within 9 days, it is returned to the providing fund for further redistribution.
Your remuneration for participating in providing depends on your contribution to ensuring decentralization of the Bitbon System: the more resources you engage and the more participants you attract to your pool, the higher your remuneration will be.
In order to make it easier for you to track the indicators of your pool, the official website of the Bitbon System has an “Audit and Statistics” page, which contains several types of charts and indicators that show various kinds of detailed information in real time indicating the transparency of all providing processes.
With the help of the Registrator’s calculator, you can perform a preliminary calculation of remuneration for your activity as a Registrator.
The application will allow you to calculate the remuneration with your specified parameters with the ability to select a specific time period using one of three prediction models based on the configuration of Registrator pools.
The adviser bot was created using the Telegram messenger.
It gives recommendations for increasing the effectiveness of managing the pool and gives Registrators timely information about key events in their pools: about incoming transactions with remuneration, about connection of new Assetboxes, about recalculation of levels and powers as well as about other parameters, which will allow you to develop your pool quickly and effectively.
Registrator’s analytical dashboard is a sort of “guide” for operating your pool.
Statistics available in the analytical dashboard will allow you to receive detailed information on all Assetboxes in all the lines of your pool to ensure its effective management. Additionally, the analytical dashboard shows detailed statistics of distributing remuneration for participating in providing as a Registrator.
In order to connect to providing as a Registrator, a Bitbon System User should go to the “Transfers” section on the “Assets” page of the One Space website and make a transfer (a fixed amount of 0.0001 Bitbon units with the /providing comment) from the Assetbox he/she selected to the Assetbox of the Registrator, the pool of which he/she wants to connect to.
During the transfer, you do not need to specify the protection code. Once the Assetbox is successfully connected to providing, a corresponding icon will appear on the Assetbox plate, and the User will be able to carry out activity as a Registrator .
The Registrator pool virtual modeling application will allow you to figure out the principles of building models of Registrator pools with various combinations of Assetboxes and their balances as well as calculate the powers of such pools, which will allow you to choose an optimal way of building your own pool.
Mandatory conditions for accepting remuneration and participating in providing are:
1. The required ID Passport category.
To participate in providing and receive remuneration, the verification level of the User’s account in the Bitbon System must correspond to the “Personal” ID Passport category or higher.
2. Positive balance on Assetbox connected to providing.
To participate in providing, the Assetbox balance must be no lower than 0.001 bitbons. Assetbox with a balance of less than 0.001 bitbons does not participate in providing and does not receive remuneration.
3. Systematic acceptance of remuneration.
If you do not accept remuneration within 5 providing periods (15 days), your participation in providing will be suspended. To do this, over the 6th providing period from the moment you, as the Registrator, last accepted a transaction with remuneration for participation in providing, a transaction of 0.00000001 Bitbon units with the comment /suspend_providing will be automatically sent to your Assetbox of the Registrator pool from the Assetbox of the providing fund.
Resuming participation in providing
To resume the participation of the Assetbox of the Registrator pool in providing, you need to make a transaction from such an Assetbox to transfer 0.0001 Bitbon units with the comment /restart_providing to the Assetbox address of the providing fund: 0x82ccf67061e2f11c3a317f2799ec0b119e96b5b0
To do this:
1. In the One Space service, select your Assetbox registered in providing.
2. Transfer 0.0001 Bitbon units to the address of the recipient’s Assetbox 0x82ccf67061e2f11c3a317f2799ec0b119e96b5b0 (Assetbox of the providing fund).
3. Click “Make Transfer”.
4. When transferring, you do not need to indicate a protection code. To do this, tick the “Do not specify a protection code” checkbox and click the “Proceed” button.
5. In the “Comment on the transfer” field, enter the comment /restart_providing and click the “Proceed” button.
6. Enter the BTSC and click the “Proceed” button.
