Comments (4)
@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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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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@blockcreators must there be new parameters for Gov?
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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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Related Issues (20)
- A very reasonable future path for this software
- Fee Abstraction
- SDK 50
- Core-1 legacy multisig HOT 1
- x/clock - permissionless HOT 1
- not enough fees? just take enough HOT 2
- Features: IBCSolidity Module
- panic: While parsing config: toml: expected newline but got U+0022 '"' HOT 3
- Move to Skip's BlockSDK
- feepay v2: Pay for new accounts without pubkeys
- feeshare: pull into its own go.mod
- migrate tokenfactory from BaseKeeper -> BankKeeper HOT 1
- Add spell check CI
- chore: Error Logic Cleanup
- add mesh security consumer module
- copy documentation -> docs.junonetwork.io
- add local-interchain support
- --halt-height=13743781 not halting correctly for v20 ugprade but 13743785 HOT 2
- [Every Juno User's Problem] Code assessment HOT 5
- Guidance Request on Ethermint Integration with Cosmos SDK HOT 2
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