Worksheet – Native Tokens Backing all SEED

Daily Rewards, SEED
If each SEED is backed by 1.2 TRX, and there are 50 million SEED in circulation, then that must mean there are 1.2 x 50M = 60M TRX that are backing all SEED. These 60M TRX are used by Sesameseed to stake for itself and increase rewards for the community. See Automatic Staking. This is how SEE...

Sesameseed Subsidy

Daily Rewards, SEED
This is a policy decision made by Sesameseed, specific for each represented blockchain. This policy may change. Sesameseed may decide to add tokens from Opex to the Minting Portion on a blockchain, thus increasing that chain's contribution to the daily rewards. This would mean that blockchain...

Minting Portion

Daily Rewards, SEED
Sesameseed splits the node rewards on each blockchain. One portion for Opex and one portion to be used in the SEED rewards economy (distribution process). See Native Token Split. The portion that is used in the distribution process is called the Minting Portion. This is because these node rew...

SEED Split

Daily Rewards, SEED
This is a policy decision made by Sesameseed, specific for each represented blockchain. This is a variable policy, which means it may change. After the correct number of SEED have been minted, they need to be distributed proportionally to each represented blockchain. On each blockchain, t...

Native Token Split

Daily Rewards, SEED
This is a policy decision made by Sesameseed, specific for each represented blockchain. The node rewards earned by SEED nodes on each chain are split into two portions: A portion for OpexMinting Portion The reason the second portion is called Minting Portion is because these are the nod...

SEED Rewards Economy

General, SEED
The SEED rewards economy is how SEED is minted and distributed on all represented blockchains. Some factors which play a part in this economy include but are not limited to: total native token staked for Sesameseedtotal native token staked on each blockchainredeem value on each blockchainci...

How to Swap SEED

SEED, Sprout
Note: In order to use the SEED Swap tool, you must have a Sprout mnemonic wallet or a multi-chain linked wallet.  Login with your Sprout WalletClick on “Swap”In the “From” section, select which SEED you wish to swap In the “To” section, select which blockchain you wish your SEED to be swapped ...

How to Redeem SEED

SEED, Sprout
Login with your Sprout WalletClick “Redeem” In the “Redeem SEED” section, select the SEED you wish to redeem (All SEED has the same redeem value)Enter amount and click “Continue”Approve and Submit the total estimate for the redeem value  Click “yes” in the prompt Enter your pr...

Do I Need to Stake My SEED in Sprout?

SEED, Sprout
You do not need to stake your SEED! But if you meant if you need to stake in Sprout in order to earn SEED, that is not necessary either. Stake with Sesameseed from any wallet (on Ontology, make sure you are using our custom smart contract). You can also hold your SEED on any wallet on any...

Can I Hold My SEED in {blank} Wallet?

Daily Rewards, General, SEED
YES! You can hold your SEED in any wallet on any blockchain on which Sesameseed operates a SEED node and get all the benefits of SEED. It is highly recommended to hold your SEED in our custom staking wallet, Sprout. That's where you'll find a lot of unique features you won't find in any o...