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I4-refactorCode needs refactoring.Code needs refactoring.T1-FRAMEThis PR/Issue is related to core FRAME, the framework.This PR/Issue is related to core FRAME, the framework.T2-palletsThis PR/Issue is related to a particular pallet.This PR/Issue is related to a particular pallet.
Description
RFC-17 proposes bulk coretime market redesign. The key changes as proposed in RFC-17 include:
- Reverse the order of the market and renewal phases: all cores are first offered on the open market, and only then are renewal options made available.
- Introduce a dynamic
reserve_price, which is the minimum price coretime can be sold for in a period. This price adjusts based on consumption and does not rely on market participation. - Make unproductive core captures sufficiently expensive, as all cores are exposed to the market price.
Implementation can be split into the following stages:
- Decouple the current coretime auction logic from the pallet, exposing a generic interface in the pallet config.
- Implement the auction logic according to RFC-17.
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I4-refactorCode needs refactoring.Code needs refactoring.T1-FRAMEThis PR/Issue is related to core FRAME, the framework.This PR/Issue is related to core FRAME, the framework.T2-palletsThis PR/Issue is related to a particular pallet.This PR/Issue is related to a particular pallet.