Skip to content

Commit ed30362

Browse files
committed
updated the rollout period to 50 epochs
1 parent f839614 commit ed30362

File tree

2 files changed

+5
-3
lines changed

2 files changed

+5
-3
lines changed

proposals/0228-market-based-emission-mechanism.md

+5-3
Original file line numberDiff line numberDiff line change
@@ -142,7 +142,7 @@ This yields a vote reward rate for validators with good performance of:
142142

143143
$$v(s) = \frac{i(s)}{s} = \frac{r(1-\sqrt{s} + c \cdot \max(1-\sqrt{2s},0))}{s}$$
144144

145-
![Issuance Rate](../suporting_images/0228-market-based-emission-mechanism/staking_returns.png)
145+
![Staking Returns](../suporting_images/0228-market-based-emission-mechanism/staking_returns.png)
146146

147147
To ensure that the transition from the old static issuance schedule to this new
148148
schedule is smooth, we will interpolate between the old issuance rate and the
@@ -152,10 +152,12 @@ new issuance rate over 10 epochs using the formula:
152152
$$i(s) = r(1-\alpha\sqrt{s} + \alpha c \cdot \max(1-\sqrt{2s},0))$$
153153

154154
where $\alpha$ is a parameter that controls the speed of the transition, taking
155-
the values $\frac{1}{10},\frac{2}{10},\dots,\frac{9}{10}, 1$.
156-
over the first 10 epochs before settling to the
155+
the values $\frac{1}{50},\frac{2}{50},\dots,\frac{49}{50}, 1$.
156+
over the first 50 epochs before settling to the
157157
new issuance rate at $\alpha = 1$.
158158

159+
![Rollout](../suporting_images/0228-market-based-emission-mechanism/rollout.png)
160+
159161
## Alternatives Considered
160162

161163
### Alternative Design 1: Pick another fixed rate
Loading

0 commit comments

Comments
 (0)