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Add some explanation for effective stake #687

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Aug 7, 2024
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Add some explanation for effective stake #687

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2 changes: 1 addition & 1 deletion docs/participate/network-maintenance/staking-incentives.md
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Expand Up @@ -51,7 +51,7 @@ Based on the available stakes of potential validators, optimal values for the mi
3. If there are more participants than the [maximum number](https://tonviewer.com/config#16) of validators, Elector discards the tail of the list. Then Elector does the following:

* For each cycle __i__ from _1 to N_ (the remaining number of participants), it takes the first __i__ applications from the sorted list.
* It calculates the effective stake, considering the `max_factor`. That is, if a person has put in 310k, but with a `max_factor` of 3, and the minimum stake in the list is 100k Toncoins, then the effective stake will be min(310k, 3*100k) = 300k.
* It calculates the effective stake, considering the `max_factor`. That is, if a person has put in 310k, but with a `max_factor` of 3, and the minimum stake in the list is 100k Toncoins, then the effective stake will be min(310k, 3*100k) = 300k. One validator node may use up to 600k TON (in this example) in two rounds (half in odd rounds, half in even rounds). To increase the stake, it is necessary to set up multiple validator nodes.
* It calculates the total effective stake of all __i__ participants.

Once Elector finds such an __i__, where the total effective stake is maximal, we declare these __i__ participants as validators.
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