Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

[Tokenomics][Meta] Tokenomics v2 #1023

Closed
Dinonard opened this issue Sep 13, 2023 · 1 comment
Closed

[Tokenomics][Meta] Tokenomics v2 #1023

Dinonard opened this issue Sep 13, 2023 · 1 comment
Assignees
Labels
project Issue is part of an ongoing project

Comments

@Dinonard
Copy link
Member

Dinonard commented Sep 13, 2023

Overview

This is the meta item for tokenomics v2 implementation.
Solution has been discussed on the official Astar forum.

New tokenomics model is mostly tied to the dApp staking v3 implementation & deployment.
To avoid waiting until dApp staking v3 is ready, new tokenomic deployment will be split into 3 phases.

Phase 1 - Fee Adjustment

  • rent fee reduction - should have a significant positive impact on WASM smart contract usability
  • transaction fee alignment - align fees between native and Ethereum transactions

Phase 2 - Hybrid Inflation Model

  • reduce inflation (block reward)
  • reduce treasury and collator rewards
  • keep staker & dApp rewards the same (will be changed with dApp staking v3)

Phase 3 - New Inflation Model

  • dApp staking v3 deployed & new tokenomic model utilized

Tasks

Phase 1

Phase 2

Phase 3

@Dinonard Dinonard added the project Issue is part of an ongoing project label Sep 13, 2023
@Dinonard Dinonard self-assigned this Sep 13, 2023
@PierreOssun PierreOssun mentioned this issue Nov 2, 2023
5 tasks
@Dinonard
Copy link
Member Author

dApp staking v3 & Tokenomics 2.0 are deployed on all chains.

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
project Issue is part of an ongoing project
Projects
None yet
Development

No branches or pull requests

1 participant