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On chain Governance

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Prasanna Loganathar edited this page Dec 7, 2022 · 5 revisions

On-chain Governance

Summary: https://github.com/DeFiCh/pinkpaper/tree/main/governance

Technical Summary:

Governance parameter examples

defi-cli setgov '{ "ATTRIBUTES": { "v0/params/feature/gov": "true" }}'
defi-cli setgov '{ "ATTRIBUTES": { "v0/params/feature/gov-payout": "true" }}'
defi-cli setgov '{ "ATTRIBUTES": { "v0/gov/proposals/voting_period": "130000" }}'
defi-cli setgov '{ "ATTRIBUTES": { "v0/gov/proposals/quorum": "1%" }}'
defi-cli setgov '{ "ATTRIBUTES": { "v0/gov/proposals/fee_redistribution": "true" }}'
defi-cli setgov '{ "ATTRIBUTES": { "v0/gov/proposals/fee_burn_pct": "50%" }}'
defi-cli setgov '{ "ATTRIBUTES": { "v0/gov/proposals/cfp_fee": "1%" }}'
defi-cli setgov '{ "ATTRIBUTES": { "v0/gov/proposals/cfp_required_votes": "50%" }}'
defi-cli setgov '{ "ATTRIBUTES": { "v0/gov/proposals/voc_fee": "100.00000000" }}'
defi-cli setgov '{ "ATTRIBUTES": { "v0/gov/proposals/voc_required_votes": "66.67%" }}'

Global Feature flags

Default: false Accepted: true/false

  • v0/params/feature/gov
  • v0/params/feature/gov-payout

v0/gov/proposals

  • voting_period

    • Default: 130000 (~45 days)
    • Accepted: Any numeric value.
    • Description: Voting period in blocks. Any proposal created after this is applied will have the new voting period. Previous proposals will have it's value unaffected, as it's attached to proposal on creation.

  • quorum

    • Default: 1% or 0.01
    • Accepted: Value between 0-100 with % suffix, or a 0-1
    • Description: The percent of MN participation required to achieve quorum for a votes to be considered valid.

  • fee_redistribution

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