rework layout
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general/token/anonymity-mining.md
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general/token/anonymity-mining.md
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# Anonymity Mining
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Anonymity mining is an incentive to increase the level of privacy in any coin-joining or coin-mixing protocols by rewarding participants anonymity points (AP) dependent on how long they hedge their assets in a pool.
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{% hint style="warning" %}
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_Tornado Cash anonymity mining program began on December 18, 2020 and has ended on December 18, 2021._
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{% endhint %}
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Individuals deposit to any one of the anonymity pools that are supported (ETH, WBTC, DAI or cDAI) and are rewarded a fixed amount of AP per block, over the period their deposit remains in the pool. These points can then be exchanged for TORN once claimed.
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### Anonymity points (AP)
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_Readers should be aware some lower denomination deposits at the time of writing, do not produce a positive return due to the gas costs required to withdraw, redeem and exchange anonymity points_
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One of the community members created the resource of [a mining spreadsheet 13](https://torn.community/t/anonymity-mining-spreadsheet/720) that helps calculate annual percentage yield’s (APY’s) for each pool and each denomination set within, through estimating the fees required to claim a reward. **It is highly recommended to view this resource and plan one’s course of action before expecting to earn yield.** At the bottom of the spreadsheet, you can view each pool by selecting the associated tab.
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### How to earn AP
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1\. Decide what amount and asset to deposit by selecting it through the dropdown menu, before clicking on "Connect" and "Deposit".
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2\. Take a record of your depositing note and back it up safely, **do not share this with anyone or risk losing your deposit and reward.**
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3\. Generate the proof and submit the transaction.
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4\. Your deposit should now be viewable on the bottom of the page, you can track how much AP it earns here; remember the longer your deposit remains active, the more AP you earn.
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_Notes that are active (not withdrawn) are known as “unspent” notes._
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### How to claim AP
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1\. First you must create a mining account and store those credentials on-chain for easy recovery (requires a transaction), **like depositing notes, you should never share your mining recovery key with anyone** and ensure to back it up in a safe place. This feature is not supported by hardware wallets so it’s encouraged to store the information as presented\_.\_
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2\. Take an active deposit through providing an unspent note and withdraw to an address of preference and decide whether to use a relayer or not (_to maintain a deposit’s anonymity it is always advised to use a relayer_), this will bring the note into a “spent” state.
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**Remember to still keep your depositing notes a secret even after withdrawing, as they still retain the ability to redeem AP.**
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3\. Visit the mining route of the application and enter your spent note, you may be faced with one of the following situations.
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* **The ability to claim your spent note**: click the “Claim reward” button and submitting the transaction either by using a relayer or not, once confirmed your AP balance should update to reflect the action.
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* **The inability to claim a spent note:** _“Warning: The note is not yet ready for anonymity mining. You can wait few days before trying again”_ - This means the Merkle trees are out of sync and require a transaction to be updated.
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Updating the trees can be an expensive process, **it is recommended that users with small deposits wait for the larger miners to update the trees, this could take anywhere from a few days to a week**. If you want to view your event relative to the current pending batches. Click the _“Show mining note information”_ hyperlink, here you can also pay the transaction fees to sync the tree relative to your withdrawal through the “Update trees” button.
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### How to exchange AP
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1\. Navigate over to the “Swap” tab on the mining page which can be accessed through the second navigation bar from the top of the page.
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2\. Enter the amount of AP requested to exchange or select the “Maximum” option to convert your active balance. Below this input, information regarding the current AP/TORN rate and reward output will be displayed. Provide an address of preference to receive the reward, finalise by generating the proof and submitting the transaction through a relayer or not.
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3\. If all steps were followed correctly, TORN will be transferred to the address of preference provided in step 2 of this section.
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### Closing remarks
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Congratulations, you have successfully participated in anonymity mining!
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It is always recommended to plan when deciding to mine any of the anonymity sets, users should also be aware that the [AP/TORN rate](https://duneanalytics.com/luckyallocator/Daily-AP-TORN-Rate-v2) is dependent on supply and demand, therefore, **the more people that claim the higher the rate becomes, and the less people that claim the lower it becomes**.
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For more information on anonymity mining, seek the following resources:
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* [Tornado.Cash governance proposal article](https://tornado-cash.medium.com/tornado-cash-governance-proposal-a55c5c7d0703)
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* [Tornado.Cash anonymity mining optimisation article](https://tornado-cash.medium.com/gas-price-claimed-anonymity-mining-a-victim-but-now-everyone-can-claim-ap-5441aaa32a1a)
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* [Anonymity mining explained (technical)](https://torn.community/t/anonymity-mining-technical-overview/15)
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_Regards to_ [_@sockawoo_](https://torn.community/u/sockawoo) _and_ [_@ethdev_](https://torn.community/u/ethdev) _for assisting in peer-reviewing_
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_Written by_ [_**@xgozzy**_](https://torn.community/u/xgozzy/summary)\_\_
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general/token/index.md
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general/token/index.md
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# TORN
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## Token
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TORN is an ERC20-compatible token with a fixed supply that governs [Tornado.Cash](https://tornado.cash). TORN holders can make proposals and vote to change the protocol via governance.
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**TORN is not a fundraising device or investment opportunity.**
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**Here’s how the initial distribution of TORN would break down:**
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* **5% (500,000 TORN):** Airdrop to early users of [Tornado.Cash](https://tornado.cash) ETH pools
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* **10% (1,000,000 TORN):** Anonymity mining for [Tornado.Cash](https://tornado.cash) ETH pools, distributed linearly over 1 year
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* **55% (5,500,000 TORN):** DAO treasury, will be unlocked linearly over 5 years with 3 month cliff
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* **30% (3,000,000 TORN):** Founding developers and early supporters, will be unlocked linearly over 3 years with 1 year cliff
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## Airdrop <a href="#f04d" id="f04d"></a>
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Users who have believed in [Tornado.Cash](https://tornado.cash) from early on should have a say in governing the protocol. For this reason, early adopters of the protocol did receive an airdrop of TORN.
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TORN has been airdropped to [all addresses](https://github.com/tornadocash/airdrop/blob/master/airdrop.csv) that made deposits into [Tornado.Cash](https://tornado.cash) ETH pools before block `11400000`. TORN were airdropped in the form of a non-transferable TORN voucher (vTORN) that can be redeemed 1:1 to TORN within 1 year, from December 18, 2020, to December 18, 2021. TORN that aren’t redeemed will be swept into the governance contract after 1 year and become part of the DAO Treasury. Redeemed TORN will be available immediately.
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The airdropped amount depends on users’ deposit size and age — larger deposits and older deposits will receive more TORN. Multipliers for deposit size are logarithmic:
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So a 100 ETH deposit get twice as many tokens as a 1 ETH deposit. The multiplier allows large and small users of [Tornado.Cash](https://tornado.cash) to both have a say in governance.
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The exact curve for the time multiplier looks like this:
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The exact airdrop formula is the following:
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_Written by_ [_**Tornado Team**_](https://tornado-cash.medium.com/tornado-cash-governance-proposal-a55c5c7d0703)
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general/token/staking.md
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general/token/staking.md
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---
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description: Staking alternatives for $TORN
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---
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# Staking
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Since the execution of [proposal #10](https://tornadocash.eth.limo/governance/10), an additional utility was enabled for the asset aside from governance. Through the deployment of the relayer registry, which acts as a official store of active relayers. This is then referenced on the frontend through referencing the registry contract. Relayers pay a percent of withdrawal fees to governance to have an active registration in the registry.
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The fee mechanisim functions by relayers locking a listing amount (currently `300 TORN`) and everytime a withdrawal is processed the registry fee (currently `0.3%` of the relayer's arbitary fee) is deducted from their locked balance. This fee is then distributed proportionally to tokenholders locked into the governance contract. Relayers must keep a locked balance greater than the minimum balance (currently `40 TORN`) to be marked as an active relayer and be recommended on the frontend.
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The listing amount, registry fee and minimum balance are all configurable by governance.
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### How to stake?
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# Tornado Cash
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### How to Stake TORN token ?
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First, [connect your wallet to Tornado Cash](../../tornado-cash-classic/how-to-connect-your-wallet.md).
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As mentioned above, the process to lock TORN tokens has remained unchanged.
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* It happens here ➡️ [https://tornadocash.eth.limo/governance](https://tornadocash.eth.limo/governance) ⬅️, by clicking on **`Manage`**, then going on the **`Lock`** tab
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* The governance contract need to be approved in order to allow the transfer of your tokens to the smart contract. To do so, you need to click on the **`Approve`** button
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* Once the approval is confirmed, you can chose the amount of token to lock, then click on **`Lock`**
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* All you have to do after that is to confirm the transaction in your wallet & wait for the confirmation to come through
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### How to Claim Your Staking Reward ?
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Now that your TORN tokens have stayed nice & warm locked in the governance contract, you are able to claim your staking reward. How to do that? Everything is still happening here ➡️ [https://tornadocash.eth.link/governance](https://tornadocash.eth.limo/governance) ⬅️
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As soon as you log in the page, you will be able to see your staking reward at the top, just waiting for you to collect it 💰
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* Click **`Manage`** -> **`Claim`** tab -> **`Claim`** _button._
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.png>)
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##
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