Governance Transaction Notice - February 17, 2025

Announcements
1

Background

  • On Friday, 2/14, the Foundation reset reward ratio parameters after slightly overshooting the 20% of total supply target.
  • The Foundation’s tokenomics advisors were asked to recalculate what RTTM parameters should be based on having hit that target earlier than expected and at a lower than projected total supply.
  • The network was allowed to “catch up” to the overshoot over the weekend while the updated RTTM parameters were recalculated.
  • The DAO share is now 8%.
  • The Validator share has been increased to 14%.

Parameter changes:

pos/DAOAllocation

  • Submitted on Block: 159802
  • Tx Hash: 12C69BFA1617857460F7C595C163D82242E7DCF7C6AA055C41E8F489D2FD84CE
  • Old Value: 10
  • New Value: 8

pos/ProposerPercentage

  • Submitted on Block: 159803
  • Tx Hash: 26A05ECD20E5473E1EE192C88E1E2690EF286AA2D43FD2CA4215D65C6298070F
  • Old Value: 5
  • New Value: 14

pos/RelayToTokensMultiplier

  • Submitted on Block: 159804
  • Tx Hash: C75BC407A6DFA812A5CDFE99A10E6DD6599608BE3962A247EDD837F5EA4D1038
  • Old Value: 1318
  • New Value: 190

pos/RelayToTokensMultiplierMap