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Inflation module about juno HOT 4 CLOSED

cosmoscontracts avatar cosmoscontracts commented on August 22, 2024
Inflation module

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Comments (4)

Wolfcontract avatar Wolfcontract commented on August 22, 2024 1

@blockcreators must there be new parameters for Gov?

Yes but the governance module is separate. First we need to put the reward schedule in stone. Has to be set in a way that exact numbers are met that are pre-calculated ie similar to what Osmosis is doing with their daily epoch distribution.

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blockcreators avatar blockcreators commented on August 22, 2024

Reward Schedule

Phase 1: Fixed inflation 40%
New Juno in year 1 = (+25.961.297)
Supply after year 1 = 90.864.540 $JUNO

Phase 2: Fixed inflation 20%
New Juno in year 2 = (+18.172.908)
Supply after year 2 = 109.037.449 JUNO

Phase 3: Fixed inflation 10%
New Juno in year 3 = (+10.903.744)
Supply after year 3 = 119.941.194 JUNO

Once the inflation reaches 10% it gradually reduces on a fixed 1% basis each year.

Phase 4 = Fixed 9% (+10.794.707) Supply = 130.735.901 JUNO
Phase 5 = Fixed 8% (+10.458.872) Supply = 141.194.773 JUNO
Phase 6 = Fixed 7% (+9.883.634) Supply = 151.078.407 JUNO
Phase 7 = Fixed 6% (+9.064.704) Supply = 160.143.112 JUNO
Phase 8 = Fixed 5% (+8.007.155) Supply = 168.150.267 JUNO
Phase 9 = Fixed 4% (+6.726.010) Supply = 174.876.278 JUNO
Phase 10 = Fixed 3% (+5.246.288) Supply = 180.122.566 JUNO
Phase 11 = Fixed 2% (+3.602.451) Supply = 183.725.018 JUNO
Phase 12 = Fixed 1% (+1.837.250) Supply = 185.562.268 JUNO

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giansalex avatar giansalex commented on August 22, 2024

@blockcreators must there be new parameters for Gov?

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blockcreators avatar blockcreators commented on August 22, 2024

We need to decide is the Osmosis epoch system better or worse for implementing the token inflation schedule that we want.
Whichever way is easier to code and reason with I am in favor of.

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