Understanding Telos Amend
Telos Amend is a Decentralized Document Amendment service for the Telos Blockchain Network. It allows any Telos holder to create text documents or links and allow a group of decentralized voters to propose amendments.
Service Fees
| Fee Name | Fee Amount |
|---|---|
| New Document | 50.0000 TLOS |
| New Proposal | 10.0000 TLOS |
The above fees are adjustable by a Block Producer multisig or a referendum by the Telos token holders.
Deposit into Telos Amend
To make a deposit to cover service fees, simply transfer TLOS to the amend.decide account. Telos Amend will catch the transfer and automatically create a deposit balance, if one doesn't already exist. Further deposits and withdrawals will automatically flow from this deposit balance.
Withdraw from Telos Amend
To make a withdrawal from Telos Amend, call the withdraw action on the amend.decide contract.