On-Chain Clearing House (OCH)

How to become OCH?

1. Complete Registration on Zeebu.fi

2. Navigate to "Delegate" screen

3. Select "become an OCH"

4. They complete the verification process with KYC/KYB

5. Deploy the Node using zeebu.fi frontend

6. Manual Vetting of deployer is done by Zeebu Foundation

7. Deployer is approved

8. Manage the reward distribution and Stake ZBU to start Validation of Transaction

How to Complete the Verification?

1. Understand and Agree to the Terms of Use

• Action Required: Before proceeding with the registration, you must thoroughly read and understand the ZBU Protocol's Terms of Use specifically designed for Deployers.

• Purpose: This ensures that you are fully aware of the responsibilities, rules, and expectations that come with the role of a Deployer.

• Process:

  • Visit the ZBU Protocol’s official website.

  • Navigate to the "Terms of Use" section.

  • Carefully read the document to ensure full understanding and compliance.

2. Complete the KYC/KYB Registration

• Action Required: Register your business by completing the Know Your Customer (KYC)/Know Your Business (KYB) process, which is a standard practice to verify the legitimacy and integrity of businesses within financial ecosystems.

• Purpose: KYB checks are crucial for preventing fraud and ensuring that only legitimate and compliant businesses can operate as Deployers.

• Process:

  • Fill in the required fields in the KYC/KYB questionnaire.

  • Upload necessary documents such as business registration papers, proof of business address, and identification documents for the primary business operators.

3. Deployer Verification Process

• Action Required: Undergo a detailed verification process after submitting your KYC/KYB information.

• Purpose: This step is to validate the authenticity of the information provided and to assess the suitability of the business for the role of a Deployer.

• Process:

  • Wait for the ZBU Protocol team to review your submitted documents and responses.

  • You may be contacted for additional information or clarification.

  • Receive notification regarding the approval or rejection of your Deployer application.

4. Receive Verification Approval

• Outcome: Once verified, you will be officially registered as a Deployer in the ZBU Protocol.

• Benefits:

  • Ability to deploy smart contracts within the ZBU ecosystem.

  • Eligibility to receive rewards based on your activities and the volume of transactions you manage.

  • Enhanced trust from users and participants within the ZBU Protocol due to your verified status.

Power

Locked Power Calculation

Max	1 ZBU	1 VeZBU
One Day	Locked from 1 to 2 Years	0.001369
One Day	Unlocked	0.0006845

1 ZBU stake for this duration will give VeZBU as below:

6 Months	1 Year	2 Year
0.125 VeZBU ( 0.001369 X 180 ) / 2	0.50 VeZBU ( 0.001369 X 365 )	1 VeZBU ( 0.001369 X 730 )

The deployer needs to setup a Invoice Dapp Settlement Smart contract

1 VeZBU = 1 USD equivalent ZBU token to be used in settlement cycle.

Additional Considerations

• Monitoring: Regularly check the status of your VeZBU power and whitelist status through the ZBU dashboard.

• Updates: Stay informed about any changes to the ZBU Protocol’s policies or technical requirements that may affect your Deployer operations.

The ZBU Gas Bank is a crucial component of the ZBU Protocol, designed to streamline and manage transaction fees efficiently. It ensures that all network costs associated with settlement and transactions are covered without causing delays or failures in processing. Here's a detailed explanation and guide on how the ZBU Gas Bank functions, including how Deployers interact with it:

ZBU GAS Bank

1. Deposit of GAS Tokens

   • Action: Deployers must deposit a sufficient amount of GAS tokens into their accounts within the ZBU Gas Bank. This deposit ensures they have the necessary funds to cover the blockchain network fees for transactions they initiate.

   • Process:

     • Access the ZBU Gas Bank via the ZBU platform.

     • Transfer GAS tokens from your main wallet to your Gas Bank account.

2. Automated Fee Deduction

   • Action: For each transaction or settlement cycle that a Deployer initiates, the corresponding blockchain network fee is automatically calculated and deducted from their Gas Bank account.

   • Mechanism:

     • When a Deployer executes a settlement, the smart contract interfacing with the Gas Bank checks the Deployer’s account balance.

     • If sufficient funds are available, the fee is deducted, and the transaction proceeds.

     • If the account balance is insufficient, the transaction is reverted, and the Deployer is notified to deposit more GAS tokens.

3. Managing Insufficient Funds

   • Scenario: If a Deployer’s Gas Bank account does not hold enough GAS tokens to cover the network fee, the order will not be processed.

   • Action Required:

     • Deployers should regularly monitor their Gas Bank balance through the ZBU platform dashboard.

     • It’s recommended to maintain a buffer amount of GAS tokens to avoid transaction reversion due to fluctuating network fees.

4. Benefits of ZBU Gas Bank

   • Efficiency: Centralizes the management of gas fees, simplifying the transaction process for Deployers.

   • Reliability: Ensures that all transactions have the necessary fees covered, reducing the risk of failed transactions.

   • Predictability: Helps Deployers manage their financial obligations by providing tools to monitor and replenish gas funds as needed.