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Proposal details

#39 Enable Participation Rewards

Passed
ParameterChangeProposal

Update the mint module allocation proportions, changing the split to from: - 80% staking rewards - 17% incentives pool - 0% participation rewards - 3% community pool To: - 80% staking rewards - 0% incentives pool - 15% participation rewards - 5% community pool The rationale for this change being that the Incentives Pool comprises 49% of the total supply, and further increasing this amount is unproductive. Splitting this between the community pool (2% increase) and participation rewards (15%), enabled Participation Rewards functionality, and will distribute c. 45k QCK to users of the Quicksilver protocol per epoch.

Submit time: 23 Apr 2024, 13:43

Details

Voting period

100.00%
23 Apr 2024, 13:4326 Apr 2024, 13:43

Parameter Change Proposal

  • Title

    Enable Participation Rewards

  • Type

    ParameterChangeProposal

  • Data
    {
    "changes":[
    0:{
    "subspace":"mint"
    "key":"PoolAllocationRatio"
    "value":{
    "staking":"0.800000000000000000"
    "pool_incentives":"0.000000000000000000"
    "participation_rewards":"0.150000000000000000"
    "community_pool":"0.050000000000000000"
    }
    }
    ]
    "@type":"/cosmos.params.v1beta1.ParameterChangeProposal"
    }