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Update tokenomic parameter to match 15s block time - motion #78
4mos ago
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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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Metadata
Proposer
Hash
Delay
02022-05-17 06:35:06
End
02022-05-17 06:34:54
Threshold
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 18:19:12
Started
referendumIndex
38
voteThreshold
SimpleMajority
2022-05-17 06:34:54
Passed
referendumIndex
38
2022-05-17 06:35:06
Executed
result
ok
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