Update genesis params to match early tokenomics in Desmos Introduction #272
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Here are the parameters suggested to be used on Apollo.
x/evidence
Updated
max_age_duration
inx/evidence
to match theunbonding_time
inx/staking
which is3 days
.x/mint
Initial annual inflation is set to
50%
. Setting annual inflation range from40%
to80%
, annual inflation change rate to40%
, bonded goal to80%
. Blocks per year to be5006000
based on the average6.3s
block time onmorpheus-13001
.The
inflation_rate_change
is the change rate which make the inflation move towards to the target inflation betweeninflation_min
andinflation_max
according to thegoal_bonded
. It is defined in the following function.https://github.com/cosmos/cosmos-sdk/blob/ab24d0ec922836735a9901dcb75f6a57cf405da6/x/mint/types/minter.go#L44
In general, it would be the difference of
inflation_max
minusinflation_min
which means "this is the rate of change from min to max in 1 year". However, if we want to make the see the inflation move faster to the target inflation rate, we can set this value larger.x/slashing
Updated
signed_blocks_window
to7200
andmin_signed_per_window
to0.05
based on6.3s
average block time onmorpheus-13001
. This translates to "a validator will be slashed with 0.01% tokens because of around 12 hours downtime (7200 blocks signing window * 95% misses * 6.3 / 60 mins / 60 seconds).