You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
The Status Network bridge allows you to transfer tokens between Sepolia and Status Network testnet. The bridge is deployed at [bridge.status.network](https://bridge.status.network).
9
+
The Status Network bridge allows you to transfer tokens between Sepolia and Status Network testnet. The bridge is deployed at [https://bridge.status.network](https://bridge.status.network).
10
10
11
11
## Prerequisites
12
12
@@ -16,7 +16,7 @@ The Status Network bridge allows you to transfer tokens between Sepolia and Stat
Copy file name to clipboardExpand all lines: docs/index.md
+2-2Lines changed: 2 additions & 2 deletions
Display the source diff
Display the rich diff
Original file line number
Diff line number
Diff line change
@@ -19,15 +19,15 @@ Developers can create seamless experiences and users can transact freely without
19
19
20
20
-**Native Yield and Fees**
21
21
22
-
To sustain the L2 operation and support developers, Status Network is funded through a combinaison of native yield and fees coming from its native apps, starting with a DEX.
22
+
To sustain the L2 operation and support developers, Status Network is funded through a combination of native yield and fees coming from its native apps, starting with a DEX.
23
23
24
24
-**Sustainable Public Funding**
25
25
26
26
The apps funding pool, governed by token holders, continuously allocates capital from native yield and fees to onchain builders.
27
27
28
28
-**High-Performance Execution**
29
29
30
-
Status Network is built on Linea’s zkEVM rollup stack, ensuring fast and secure transactions.
30
+
Status Network is built on Linea's zkEVM rollup stack, ensuring fast and secure transactions.
Copy file name to clipboardExpand all lines: docs/introduction/quick-start.md
+3-3Lines changed: 3 additions & 3 deletions
Display the source diff
Display the rich diff
Original file line number
Diff line number
Diff line change
@@ -20,10 +20,10 @@ Before getting started:
20
20
21
21
2.**Get Test ETH**:
22
22
23
-
You'll need both Sepolia ETH and Status Network ETH:
23
+
You'll need both Sepolia ETH and Status Network Testnet ETH:
24
24
- First get Sepolia ETH from [Sepolia Faucet](https://faucet.status.network)
25
-
- Then bridge some ETH to Status Network using the [Status Bridge](https://bridge.status.network)
26
-
- Alternatively, get Status Network ETH directly from our [Testnet Faucet](https://sepoliascan.status.network/address/0x06338B70F1eAbc60d7A82C083e605C07F78bb878)
25
+
- Then bridge some ETH to Status Network Testnet using the [Status Bridge](https://bridge.status.network)
26
+
- Alternatively, get Status Network Testnet ETH directly from our [Testnet Faucet](https://sepoliascan.status.network/address/0x06338B70F1eAbc60d7A82C083e605C07F78bb878)
Copy file name to clipboardExpand all lines: docs/tokenomics/economic-model.md
+6Lines changed: 6 additions & 0 deletions
Display the source diff
Display the rich diff
Original file line number
Diff line number
Diff line change
@@ -1,3 +1,9 @@
1
+
---
2
+
title: Economic Model
3
+
description: Overview of Status Network's economic model including revenue streams, sustainable funding approach, and how the network achieves economic sustainability without relying on gas fees.
Unlike traditional L2s that generate revenue from gas fees, Status Network operates on a radically different paradigm: users and applications do not pay transaction fees. This necessitates alternative revenue sources to maintain and sustain the network. As gas fees trend toward zero and rollups move toward decentralization, the business model of L2s must shift from execution-based revenue (sequencer fees) to monetizing asset trading volume and yield-bearing total value locked (TVL) on the network.
Copy file name to clipboardExpand all lines: docs/tokenomics/karmic-tokenomics.md
+8-2Lines changed: 8 additions & 2 deletions
Display the source diff
Display the rich diff
Original file line number
Diff line number
Diff line change
@@ -1,10 +1,16 @@
1
+
---
2
+
title: Karmic Tokenomics
3
+
description: Explore Status Network's Karma system, a non-transferable governance token that rewards network participation and determines influence over funding decisions, incentives, and network parameters.
In some Eastern traditions, Karma represents the principle that one's past actions shape their future state. Similarly, on Status Network, every positive action and contribution accumulates Karma, granting greater influence over the network's funding and incentives. Karma ($KARMA) is a non-transferable governance token that rewards staking, bridging, providing liquidity, and building. The more a user or an app contributes to the L2 in liquidity or activity, the more voting power they earn over funding allocations, liquidity incentives, and network roadmap and parameters.
4
10
5
11
## How Karma is Earned
6
12
7
-
Karma is minted through six primary mechanisms and cannot be aquired, ensuring that no entity—including the Status team—has any advantage in getting access to it. Everyone earns Karma under the same rules, based solely on their contributions to the network, ensuring it remains a pure representation of meaningful engagement within the network:
13
+
Karma is minted through six primary mechanisms and cannot be acquired, ensuring that no entity—including the Status team—has any advantage in getting access to it. Everyone earns Karma under the same rules, based solely on their contributions to the network, ensuring it remains a pure representation of meaningful engagement within the network:
8
14
9
15
1.**Staking SNT** – Anyone staking SNT receives Karma rewards proportionally. The longer one stakes or locks their SNT, the higher the Karma earning rate.
10
16
@@ -28,7 +34,7 @@ The initialization parameters of Karma minting allocations will be announced soo
28
34
29
35
-**Native DEX Liquidity Incentives**: Karma holders vote on the incentive gauges for all curated liquidity pools on the native DEX.
30
36
31
-
-**Network Policy Decisions**: Karma holders vote on the L2 economic and operational parameters, inlcuding native yield and fees distribution, Karma minting rate and allocation, etc.
37
+
-**Network Policy Decisions**: Karma holders vote on the L2 economic and operational parameters, including native yield and fees distribution, Karma minting rate and allocation, etc.
32
38
33
39
-**Loyalty and Reputation System**: Since Karma is soulbound, high Karma scores signal power users and key contributors within the ecosystem. The users progressively accumulate influence and may gain access to extra incentives and perks (e.g. rewards from apps building on the network and seeking to attract high-quality users).
Copy file name to clipboardExpand all lines: docs/tokenomics/public-funding.md
+6Lines changed: 6 additions & 0 deletions
Display the source diff
Display the rich diff
Original file line number
Diff line number
Diff line change
@@ -1,3 +1,9 @@
1
+
---
2
+
title: Public Funding
3
+
description: Overview of Status Network's public funding mechanism, including the apps funding pool, how funding is allocated, and why sustainable funding is crucial for blockchain applications.
4
+
keywords: [Status Network funding, apps funding pool, blockchain funding, public goods, developer incentives, community governance, sustainable funding]
Copy file name to clipboardExpand all lines: docs/tokenomics/snt-staking.md
+6Lines changed: 6 additions & 0 deletions
Display the source diff
Display the rich diff
Original file line number
Diff line number
Diff line change
@@ -1,3 +1,9 @@
1
+
---
2
+
title: SNT Staking
3
+
description: Learn about staking Status Network Token (SNT), including staking options, multiplier points, benefits, and how staking contributes to network governance and access to gasless transactions.
0 commit comments