GitBook: [master] 2 pages modified

Author: pbsa-github

technology/gamified-proof-of-stake-gpos/README.md

@@ -8,15 +8,15 @@ The original intent of Peerplays was to operate as a Decentralized Autonomous Co
 
 ## What Makes GPOS Different?
 
-GPOS made a protocol change such that PPY token holders now receive a _participation reward_ based on their voting performance and how many PPY they have vested or _staked_.
+GPOS made a protocol change such that PPY token holders now receive a _participation reward_  based on their voting performance and how many PPY they have vested or _staked_.
 
 This is a significant change from the original protocol where token holders were rewarded with their share of a rake, taken from a percentage of the blockchain fees, and then distributed to token holders relative to their token holdings, regardless of any voting participation.
 
-Put simply, this means that each PPY token holder needs to vest some, or potentially all, of their PPY balance towards GPOS and then once a month vote for either Witnesses, Advisors or Proxies.
+Put simply, this means that each PPY token holder needs to vest some, or close to all, of their PPY balance towards GPOS and then once a month vote for either Witnesses, Advisors or Proxies.
 
 ## Why is GPOS Important?
 
-Being a DPOS consensus blockchain, the importance of voter participation of the PPY token holders is paramount to the security of the blockchain. The introduction of GPOS ensures that token holders will take an active interest in the operation and governance of Peerplays.
+Being a DPOS consensus blockchain, the importance of voter participation from the PPY token holders is paramount to the security of the blockchain. The introduction of GPOS ensures that token holders will take an active interest in the operation and governance of Peerplays.
 
 Each vote cast impacts the people behind the successful operation of Peerplays, in particular the  Witnesses. A Witness receiving high votes is much more likely to be elected as a block producing \(active\) Witness.
 
@@ -35,13 +35,17 @@ This is the percentage of a user's maximum possible reward received based on the
 {% hint style="warning" %}
 **Note**: Complete decay was set at six consecutive months to coincide with the dividend distribution periods.
 
-Below are the some of the key GPOS parameters that currently set on mainnet.
+Below are the some of the key GPOS parameters that are currently set on mainnet.
 
 GPOS period = 6 months\(180 days\)
 
 GPOS sub-period = 30 days
 
 GPOS lock-in period = 30 days
+
+Vesting fee = 1PPY
+
+Withdrawal fee = 0.01PPY
 {% endhint %}
 
 ### **Estimated Rake Reward %**

technology/gamified-proof-of-stake-gpos/faq/general.md

@@ -12,10 +12,6 @@ The best way to understand this is to compare it to the difference between stock
 
 GPOS works the same way, instead of all token holders being entitled to dividends just by virtue of holding tokens \(shares\), token holders now have a PPY balance \(options\) that they only profit from when they are vested in GPOS \(become shares\).
 
-### Are there any fees associated with GPOS?
-
-Yes, there is a fee of 1PPY for Powering Up \(depositing\) and a nominal fee of 0.01PPY for Powering Down \(withdrawing\).
-
 ### Did I just lose some share of the Peerplays rake?
 
 No, in fact far from it. GPOS gives you every opportunity to not just receive the same dividends as before but actually get higher dividends if there are token holders that don't vote. Just remember to vest a GPOS balance and then vote at least once a month.