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docs(website): tokenomics proposer and prover guides (#14843)
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MarcusWentz authored Oct 3, 2023
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10 changes: 10 additions & 0 deletions packages/website/pages/docs/guides/enable-a-proposer.mdx
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Expand Up @@ -100,6 +100,16 @@ You can check all commands to see proposer logs in the [node runner manual](/doc

</Steps>

## Tokenomics

The proposer orders (sequences) transactions in a block. Transaction fees to be included into a block are paid in ETH.
To extract as much MEV (Maximal Extractable Value) as possible paid in ETH, each proposer will try to search the mempool to:
```
-✅ fit as many valid transctions into a block as possible
-💰 include transactions with the highest fees
```
The proposer must then deliver their proposed blocks to a prover.

## Videos

- [Enable a proposer on your Taiko L2 node](https://www.youtube.com/watch?v=z3gWKEoJidw) (deprecated, but still useful)
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17 changes: 17 additions & 0 deletions packages/website/pages/docs/guides/enable-a-prover.mdx
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Expand Up @@ -123,6 +123,23 @@ Add your prover to the [prover registration page](/docs/reference/prover-market-

</Steps>

## Tokenomics

When a prover receives a block from a proposer, the prover must bond TTKOj tokens to the TaikoL1 contract.
Once TTKOj is bonded, a countdown is started to prove the block.

✅ If the prover is successful in proving the block in time, the prover will receive their bond back with additional TTKOj rewards.

❌ If the prover fails to prove a block in time, part of their bonded TTKOj will be slashed.
Then a new prover will be given the chance to prove that block with the remaining TTKOj that wasn't slashed.

🛒 A prover market has been added with testnet Jolnir.
This gives proposers the ability to pick provers based on:
```
-fees paid in ETH
-competitive proving speed (reported from community reputation)
```

## Videos

- [Enable and exit a prover on your L2/L3 node](https://www.youtube.com/watch?v=yAHpbmNEC0M) (deprecated, but still useful)
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Successfully deployed to the following URLs:

website – ./packages/website

docs.taiko.xyz
www.taiko.xyz
website-git-main-taikoxyz.vercel.app
taiko.xyz
website-taikoxyz.vercel.app

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