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External #0xc48d
Update tokenomic parameter to match 15s block time - motion #78
hangyin
4mos ago
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Tabled

This motion will bring an external proposal to adjust the tokenomic parameter to match the 15s block time. Specifically, the block_subsidy will be reduced from 183.3 to 125 (100 PHA * 15s / 12s). This is because after the Kusama v0.9.20 upgrade, the parachain block time has been greatly reduced from around 24s to 15s.

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Council Motion #78
Hash
0x4c152b15040507131e5e7d9c1c49fe1f3f0f9b176c19a21cef1be473bd5a1fc8
Metadata
hash
0xc48d0d20261efdfb4937a9b4c383fe842baf236a15aed631f8209a0b40820c3a
voteThreshould
SimpleMajority
Call
Table
Json
callIndex0x5705
sectionphalaMining
methodupdateTokenomic
args
newParams
phaRate0x0000000000000000451eb851eb851eb8
rho0x000000000000000100000b2f06b47efd
budgetPerBlock0x000000000000007d0000000000000000
vMax0x00000000000075300000000000000000
costK1080518632060
costB2303210768335596
slashRate0
treasuryRatio0x00000000000000003333333333333333
heartbeatWindow20
rigK0x00000000000000011c710cb295e9e1b1
rigB0
re0x00000000000000018000000000000000
k0x00000000000000320000000000000000
kappa0x00000000000000010000000000000000
TimelineLatest activity 4mos ago
2022-05-13 18:07:54
externalProposeMajority
proposalHash
0xc48d0d20261efdfb4937a9b4c383fe842baf236a15aed631f8209a0b40820c3a
2022-05-13 18:19:12
fastTrack
proposalHash
0xc48d0d20261efdfb4937a9b4c383fe842baf236a15aed631f8209a0b40820c3a
votingPeriod
21600 blocks
delay
1 blocks
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