GitBook: [#111] edited sections "Intro to TC" and "How to become a Relayer"

This commit is contained in:
bt11ba 2022-03-12 09:34:02 +00:00 committed by gitbook-bot
parent 112931cb44
commit 51c79c51b8
No known key found for this signature in database
GPG key ID: 07D2180C7B12D0FF
6 changed files with 49 additions and 50 deletions

View file

@ -38,7 +38,7 @@ Click `Manage` -> `Lock Tab`
Approve the governance contract to transfer your TORN tokens by clicking on the `Approve` button. Once the approve is confirmed, chose the amount you want to deposit and click `Lock`. Confirm the transaction in your wallet and wait for the confirmation.
![](../.gitbook/assets/c05e5a1813edad280544b627b24002dc8d5adcf2.png)
![](<../.gitbook/assets/c05e5a1813edad280544b627b24002dc8d5adcf2 (1).png>)
Before the vote, the next crucial step is to review the proposal.\
Legitimate proposals should have a dedicated post on [Torn.community ](https://torn.community)under the category “Proposal”. The forum post will provide additional context and arguments on the proposal. Read the thread and make your own mind on the issue.
@ -77,7 +77,7 @@ You first need to lock your tokens in the governance contract. Click **`Manage`*
Approve the governance contract to transfer your TORN tokens by clicking on the **`Approve`** button. Once the approve is confirmed, chose the amount you want to delegate and click **`Lock`**. Confirm the transaction in your wallet and wait for the confirmation.
![](<../.gitbook/assets/c05e5a1813edad280544b627b24002dc8d5adcf2 (1).png>)
![](../.gitbook/assets/c05e5a1813edad280544b627b24002dc8d5adcf2.png)
The last step, is to make the actual delegation. Go again to [https://tornadocash.eth.link/governance](https://tornadocash.eth.link/governance)

View file

@ -3,55 +3,56 @@
Following the execution of [Tornado Cash 10th governance proposal](https://tornadocash.eth.link/governance/10), anyone can become a relayer for Tornado Cash users.
{% hint style="success" %}
The only condition to be included on the Tornado Cash UI is to hold a min. of `300 TORN`. This minimum stake can be changed by a governance vote at all time.
The only condition to be included on the Tornado Cash UI is to hold a min. of `300 TORN`. This minimum stake can be changed by a governance vote at any time.
{% endhint %}
Relayers form an essential & necessary part of the Tornado Cash ecosystem. Their use guarantees privacy as they solve the infamous “fee payment dilemma” : how to pay fees for token withdrawals from a pool while maintaining anonymity?
Therefore, relayers act as a third parties and take care of the whole withdrawal. They pay for transaction fees by deducing them directly from the transferred amount. They also take an additional fee for their services.
Therefore, relayers act as third parties and manage the entire withdrawal. They pay for transaction fees by deducting them directly from the transferred amount. They also charge an additional fee for their services.
Since [Relayer Registry proposal](https://tornadocash.eth.link/governance/10), the protocol will collect a fee directly from the relayers staked balance through the `StakingReward` contract for each withdrawal. This fee percentage may vary from one pool to the other and is also subject to change through on-chain governance.
Since the implementation of the [Relayer Registry proposal](https://tornadocash.eth.link/governance/10), the protocol collects a fee directly from the relayers staked balance through the `StakingReward` contract for each withdrawal. This fee percentage may vary from one pool to another and is also subject to change through on-chain governance.
Its fixed at **** `0.3%` for now. Some pools remain without fees, either because the instance is too small to assign a fee (0.1 ETH, 100 DAI/USDT, 1000 DAI/USDT), or because there is not enough liquidity on Uni v3 (all cDAI instances).
Currently, it is fixed at `0.3%` . Some pools remain without fees, either because the instance is too small to assign a fee (0.1 ETH, 100 DAI/USDT, 1000 DAI/USDT), or because there is not enough liquidity on Uni v3 (all cDAI instances).
## How to Become a Relayer ?
## How to Become a Relayer?
Anyone can become a relayer for the protocol in **6 simple steps** through a [Relayer Registry User Interface (UI)](https://relayers-network.tornadocash.eth.limo/).
Anyone can become a relayer for the protocol in **6 simple steps** through a [Relayer Registry User Interface (UI)](https://relayers-network.tornadocash.eth.limo).
You will find below everything your need to join our relayers' club & be listed on Tornado Cash decentralized relayer registry.
Below you will find everything your need to join our relayers' club & get listed on Tornado Cash decentralized relayer registry.
### 1. Warning: Be Aware & Accept Potential Risks
### 1. Warning: Understand & Accept Potential Risks
Before you commit to sharing part of your journey with Tornado Cash users as a relayer, you need to be aware & accept all potential risks of being a relayer for the protocol.
Before you commit to sharing part of your journey with Tornado Cash users as a relayer, you need to understand & accept all potential risks of being a relayer for the protocol.
#### How a Relayer is chosen by user interface
The formula that is used to preset a relayer is following:
* get all registered relayers from the Relayer Registy smart contract
* sort all Relayers by cheapest fee
* select 30% from cheapest Relayers
* randomly choose a relayer weighted by the TORN stake in Registry
The formula for designating a relayer is as follows:
* The list of all registered relayers is retrieved from the Relayer Registry smart contract.
* The relayers are then sorted by cheapest fee.
* A pool of the cheapest 30% of relayers is selected.
* From this pool the relayer is randomly picked, weighted by the TORN stake in Registry.
### 2. Set up Relayer
The first concrete step is to run Tornado Cash Relayer software for Ethereum Mainnet on your computer. All steps are explained in the protocol's github. To complete this task successfully, you will have to carefully follow [these instructions](https://github.com/tornadocash/tornado-relayer#deploy-with-docker-compose).
The first concrete step is to run the Tornado Cash Relayer software for Ethereum Mainnet on your computer. All steps are outlined in the protocol's github. To complete this task successfully, you will have to carefully follow [these instructions](https://github.com/tornadocash/tornado-relayer#deploy-with-docker-compose).
{% embed url="https://github.com/tornadocash/tornado-relayer#deploy-with-docker-compose" %}
Once you are done, you will need to insert your url in the input box.
Once completed, you will need to insert your url in the input box.
![](../.gitbook/assets/2.png)
{% hint style="warning" %}
It is strongly recommended that you use your own RPC nodes. Instructions on how to run full nodes can be found [here](https://github.com/feshchenkod/rpc-nodes).
It is strongly recommended that you use your own RPC nodes. Instructions on how to run full nodes can be found [here](https://github.com/feshchenkod/rpc-nodes).
{% endhint %}
### 3. Set Up ENS Subdomain
The next step consists in:
The next steps entail:
* Creating an ENS domain for your relayer,
* Setting up its mainnet subdomain,
* Creating an ENS domain for your relayer.
* Setting up its mainnet subdomain.
* Adding a TXT record with the Relayer URL to the mainnet subdomain according to this specific format:
#### **Ethereum Relayers (Mandatory)**
@ -63,7 +64,7 @@ The next step consists in:
#### **Sidechains Relayers (Optional)**
You also have the possibility to add subdomains with their corresponding TXT records to support other chains than Ethereum. Sidechains relayers use a different version of the Relayer software. You have all required instructions to do so [here](https://github.com/tornadocash/tornado-relayer/blob/light/README.md).
You also have the option to add subdomains with their corresponding TXT records to support chains other than Ethereum. Sidechains relayers use a different version of the Relayer software. The complete requirements with instructions are found [here](https://github.com/tornadocash/tornado-relayer/blob/light/README.md).
| TXT record |
| ------------------------- |
@ -90,19 +91,19 @@ Workers are the addresses that will allow your relayer to send ZK-proofs to user
To ensure an extra level of security, we advise you to set up more than one worker.
Only the mainnet requires you to register workers. All other networks do not require the usage of registered workers.
Only the mainnet requires you to register workers. All other networks do not require the use of registered workers.
![](<../.gitbook/assets/4 (1).png>)
### 5. Stake
With the implementation of a decentralized relayer registry, a staking condition has been introduced to become listed on Tornado Cash UI. Indeed, **staking TORN is now necessary to be added to the recommended list of relayers.**
With the implementation of a decentralized relayer registry, a staking condition has been introduced as a requirement to become listed on Tornado Cash UI. Keep in mind **staking TORN is now necessary to be added to the recommended list of relayers.**
The minimum stacked amount is currently set by Tornado Cash governance at **`300 TORN`**. This threshold can be changed by Tornado Cash governance at all time.
The minimum staked amount is currently set by Tornado Cash governance at **`300 TORN`**. This threshold can be changed by Tornado Cash governance at any time.
When a relayer is used on a Tornado Cash pool, a small amount of TORN is automatically collected from this staked balance by the `StakingReward` contract. This element is essential to keep in mind as relayers will need to maintain their stakes balance above `300 TORN` at all time.
When a relayer is used in the Tornado Cash pool, a small amount of TORN is automatically collected from this staked balance by the `StakingReward` contract. This element is essential to keep in mind as relayers will need to maintain their stakes balance above `300 TORN` at all times.
These collected fees are, afterwards, distributed among DAO members that have their TORN tokens locked. TORN are usually locked to participate in on-chain governance (suggesting & voting for proposals). You can find more information both on this [forum post](https://torn.community/t/proposal-relayer-registry-setting-parameters-after-audit/2134) & in the [Staking TORN documentation page](staking.md).
The collected fees are subsequently distributed among DAO members with lockedTORN tokens locked. TORN are usually locked to participate in on-chain governance (submitting & voting on proposals). You can find more information both on this [forum post](https://torn.community/t/proposal-relayer-registry-setting-parameters-after-audit/2134) & in the [Staking TORN documentation page](staking.md).
{% hint style="warning" %}
Your staked TORN amount is not claimable, and it is non-refundable.
@ -110,14 +111,12 @@ Your staked TORN amount is not claimable, and it is non-refundable.
![](../.gitbook/assets/5.png)
### 6. Summary: Last Verification & Registration
### 6. Summary: Final Verification & Registration
The last, but not the least, we advise you to **double-check all information** present on the Summary before registering.
Last but not least, we advise you to **double-check all information** displayed in the Summary before registering.
![](../.gitbook/assets/6.png)
_Welcome to the relayer team! Thanks to you, privacy can be better respected_ 💚
_Written by_ [_**@bt11ba**_](https://torn.community/u/bt11ba/) _**** &_ [_**@ayefda**_](https://torn.community/u/ayefda)****
_Written by_ [_**@bt11ba**_](https://torn.community/u/bt11ba/) _\*\*\*\* &_ [_**@ayefda**_](https://torn.community/u/ayefda)\*\*\*\*

View file

@ -21,7 +21,7 @@ As mentioned above, the process to lock TORN tokens has remained unchanged.
* Once the approval is confirmed, you can chose the amount of token to lock, then click on **`Lock`**
* All you have to do after that is to confirm the transaction in your wallet & wait for the confirmation to come through
![](../.gitbook/assets/c05e5a1813edad280544b627b24002dc8d5adcf2.png)
![](<../.gitbook/assets/c05e5a1813edad280544b627b24002dc8d5adcf2 (1).png>)
### How to Claim Your Staking Reward ?