Difference between revisions of "Economic Changes Dec 2019"

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(Created page with "'''Gross Block Breakdown as of October 2019:''' Block Emission Level: 20% escrowed - governance for expenses - (10% charity, 5% IT, 5% misc) 30% is escrowed for GSC (Gener...")
 
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30% is escrowed for GSC (Generic Smart Contracts - emitted in one daily superblock):
 
30% is escrowed for GSC (Generic Smart Contracts - emitted in one daily superblock):
  GSC Suballocations:
+
  GSC Suballocations:
  47.5% for Cameroon-One
+
 
  5% Healing
+
  47.5% for Cameroon-One
  47.5% for POG
+
  5% Healing
 +
  47.5% for POG
  
 
25% Sanctuary reward
 
25% Sanctuary reward
Line 19: Line 20:
  
 
20% escrowed for governance (10% to new exchange fund payoff, 5% IT, 5% misc)
 
20% escrowed for governance (10% to new exchange fund payoff, 5% IT, 5% misc)
 
 
25% for GSC:
 
25% for GSC:
 +
  GSC Suballocations:
 +
 
 
   40% for POOM-Cameroon One (this is 10% of our monthly emission for charity)
 
   40% for POOM-Cameroon One (this is 10% of our monthly emission for charity)
 
   60% for PODC
 
   60% for PODC
Line 34: Line 36:
  
 
38% for GSC:
 
38% for GSC:
   25% for POOM-Cameroon One (this is 10% of our monthly emission for charity)
+
    GSC Suballocations:
  75% for PODC
+
    
 +
    25% for POOM-Cameroon One (this is 10% of our monthly emission for charity)
 +
    75% for PODC
  
 
35% Sanctuary
 
35% Sanctuary

Revision as of 14:36, 23 October 2019

Gross Block Breakdown as of October 2019:

Block Emission Level:

20% escrowed - governance for expenses - (10% charity, 5% IT, 5% misc)

30% is escrowed for GSC (Generic Smart Contracts - emitted in one daily superblock):

  GSC Suballocations:
  47.5% for Cameroon-One
  5% Healing
  47.5% for POG

25% Sanctuary reward

25% POBH - Heat Mining


Proposed Changes for phase 1 of PODC - Codebase .13 (Current codebase) - End of Nov-2019:

20% escrowed for governance (10% to new exchange fund payoff, 5% IT, 5% misc) 25% for GSC:

  GSC Suballocations:
 
  40% for POOM-Cameroon One (this is 10% of our monthly emission for charity)
  60% for PODC

35% Sanctuary

20% POBH - Heat Mining


Proposed Changes for next mandatory upgrade (Jan 2020):

20% escrowed for governance (10% to new exchange fund payoff, 5% IT, 5% misc)

38% for GSC:

   GSC Suballocations:
  
   25% for POOM-Cameroon One (this is 10% of our monthly emission for charity)
   75% for PODC

35% Sanctuary

7% POBH - Heat Mining


NOTE: Once the new exchange fund is paid off, we will lower the 20% escrow for governance and raise the GSC & PODC reward! (As long as POOM satisfies our decentralized orphan sponsorship requirements). Otherwise we regroup. If the exchange fund is paid off between mandatory upgrades, we can certainly escrow the difference for our next exchange fund.