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STATE BREAKINGThis change breaks state and requires a fork / upgradeThis change breaks state and requires a fork / upgradesize: mediumx/nomint
Description
Summary
x/nomint is the implementation of the economic model described in: https://medium.com/quicksilverzone/quicksilver-v2-0-evolving-tokenomics-for-a-more-sustainable-future-8a83d7a560b4, which will make Quicksilver a deflationary asset.
Problem Definition
We need to:
- create a new module,
x/nomintwhich takes the place ofx/mint. Instead of minting new tokens to emit each epoch, it will take ownership of theairdropmodule account, that currently is owned bysupply, and remove tokens from this account for staking rewards and participation rewards. - remove the
x/mintmodule. - ensure the existing capabilites of the
x/mintmodule are replicated by thex/nomintmodule.
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STATE BREAKINGThis change breaks state and requires a fork / upgradeThis change breaks state and requires a fork / upgradesize: mediumx/nomint