Conversion Rate
As part of our ongoing efforts to improve and innovate our blockchain platform, we're excited to introduce a new feature that offers greater control and flexibility for validators. With this update, validators will now have the ability to choose which tokens they will accept for mining transactions, giving them the power to customize their experience and tailor it to their specific needs.
In addition to this token acceptance customization, we're also introducing a special fee conversion rate that allows validators to easily translate fees to a common base. This means that fees paid in different tokens can be converted to a standard rate, making it easier for validators to manage and track their earnings across different transactions. This conversion rate is managed by the validator's conversion rate controller, which is a smart contract that can be updated by the validator at any time. This gives validators the ability to adjust the conversion rate as needed, ensuring that they always have the flexibility to adapt to changing market conditions.
Smart Contract: 0x0000000000000000000000000000000000000802
Supported Tokens
Default controller
setTokenAcceptance
Type a valid ETH token address and state
updateConversionRateController
Type a valid ETH validator address
getConversionRateController
Type a valid ETH validator address
validatorSupportsToken
Type a valid validator ETH address and a Token address
updateDefaultConversionRateController
Type a valid ETH validator address