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37 lines
2.8 KiB
Markdown
37 lines
2.8 KiB
Markdown
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---
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description: Staking options for $TORN
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---
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# Staking
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Since its inception, the TORN token is used by Tornado Cash users for governance. Its main utility is to allow the suggestion of proposals & voting both in-chain (through locked TORN for governance proposals) and off-chain (on Snapshot).
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Since the execution of [Tornado Cash 10th governance proposal](https://tornadocash.eth.limo/governance/10), TORN token has gained one other useful utility. Indeed, **with the introduction of a decentralized relayer register,** **a staking reward has been implemented for all holders with locked TORN in the governance contract.**
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[TORN](../torn.md) holders can still lock their tokens into the governance contract as they used to for governance purposes. The significant difference is that they are now able to receive a portion of the fees collected by the protocol from relayers. Obviously, the proportion of the reward will be equal to the proportion of their locked TORN.
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#### **FROM WHERE THESE COLLECTED FEES COME FROM ?**
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The collection of these fees was made possible by the implementation of a decentralized relayer registry. In order to be listed on the protocol UI, relayers need to stake a given amount of TORN (currently set by governance at `300 TORN`) and keep enough TORN locked (\~`40 TORN` at the moment in April 2022) to be able to pay back the transaction fee to the staking contract. The functioning of this relayer registry is more extensively explained [on this forum post](https://torn.community/t/proposal-relayer-registry-setting-parameters-after-audit/2134) & on the [Relayer Registry documentation page](../how-to-become-a-relayer.md).
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In a nutshell, for each withdrawal through the relayer method, the chosen relayer has to pay a fee to the protocol from the staked balance (that should still be maintained above the `300 TORN` threshold). Currently, this fee has been fixed at `0.3%` by the governance and can be changed at any time through an on-chain proposal & vote.
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### Where to stake $TORN ?
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#### 1. Tornado Cash
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The first option to stake is the usual URL for Tornado Cash. This has been available since February 2022. You will find a step-by-step tutorial here.
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{% content-ref url="tornado-cash.md" %}
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[tornado-cash.md](tornado-cash.md)
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{% endcontent-ref %}
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#### 2. Altornado
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An alternative option to stake $TORN has been brought by the community. The need for a staking UI and in the long run, the necessity for a Tornado Cash full **alternative UI** made this happen. Altornado provides the community with an intuitive and rich user experience, using the same Tornado Cash contracts.\
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You will always have information about your wallet as well as information about your future rewards depending on the amount you want to stake.
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{% content-ref url="altornado.md" %}
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[altornado.md](altornado.md)
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{% endcontent-ref %}
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