Proposal #6 overview | Agoric (BLD) Blockchain explorer

About

A portion of BLD sold in the public sale in December 2021 will unlock at the start of July. Ahead of BLD unlock, staking rewards should be turned on to ensure network operation. BLD stakers also receive rewards in IST based on fees earned by the protocol. Over time, IST fees may become the primary reward for BLD stakers. However, as these fees will grow with the Inter Protocol, it will take time for them to become sufficient to operate the networ

Parameter Change Proposal

Title
Enable Staking Rewards
Type
ParameterChangeProposal
Data
{
"changes":[
0:{
"subspace":"slashing"
"key":"SlashFractionDoubleSign"
"value":""0.050000000000000000""
}
1:{
"subspace":"staking"
"key":"UnbondingTime"
"value":""1814400000000000""
}
2:{
"subspace":"mint"
"key":"BlocksPerYear"
"value":""6311520""
}
3:{
"subspace":"mint"
"key":"GoalBonded"
"value":""0.670000000000000000""
}
4:{
"subspace":"mint"
"key":"InflationMax"
"value":""0.050000000000000000""
}
5:{
"subspace":"mint"
"key":"InflationMin"
"value":""0.050000000000000000""
}
6:{
"subspace":"mint"
"key":"InflationRateChange"
"value":""0.130000000000000000""
}
7:{
"subspace":"mint"
"key":"MintDenom"
"value":""ubld""
}
8:{
"subspace":"gov"
"key":"depositparams"
"value":"{ "mindeposit": "500000000ubld" }"
}
9:{
"subspace":"gov"
"key":"votingparams"
"value":"{ "votingperiod": "259200000000000" }"
}
]
"@type":"/cosmos.params.v1beta1.ParameterChangeProposal"
}

About

A portion of BLD sold in the public sale in December 2021 will unlock at the start of July. Ahead of BLD unlock, staking rewards should be turned on to ensure network operation. BLD stakers also receive rewards in IST based on fees earned by the protocol. Over time, IST fees may become the primary reward for BLD stakers. However, as these fees will grow with the Inter Protocol, it will take time for them to become sufficient to operate the networ

Timeline

28 Jun 2022, 19:14

Voting Period

Voting finished

3 years ago

Voting Start

28 Jun, 2022 07:14:08 (+00:00 UTC)

Voting End

29 Jun, 2022 07:14:08 (+00:00 UTC)

29 Jun 2022, 19:14

Passed

Yes

No

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Proposal details

#6Enable Staking Rewards

Details

Parameter Change Proposal

Title

Type

Data

Timeline

Votes

Votes