2022-12-09 21:24:35 +00:00
|
|
|
<!--
|
|
|
|
|
order: 1
|
|
|
|
|
-->
|
|
|
|
|
|
|
|
|
|
# Concepts
|
|
|
|
|
|
|
|
|
|
## Community Pool
|
|
|
|
|
|
2023-10-30 23:53:29 +00:00
|
|
|
The x/community module contains the community pool funds and provides proposal
|
|
|
|
|
handlers to manage community pool funds.
|
2022-12-09 21:24:35 +00:00
|
|
|
|
|
|
|
|
### Funding
|
|
|
|
|
|
2023-10-30 23:53:29 +00:00
|
|
|
The x/community module account can be funded by any account sending a
|
|
|
|
|
community/FundCommunityPool message. These funds may be deposited/withdrawn to
|
|
|
|
|
lend via the CommunityPoolLendDepositProposal &
|
|
|
|
|
CommunityPoolLendWithdrawProposal.
|
|
|
|
|
|
|
|
|
|
### Rewards
|
|
|
|
|
|
|
|
|
|
Rewards payout behavior for staking depends on the module parameters, and will
|
|
|
|
|
change based on the "switchover" time parameter `upgrade_time_disable_inflation`.
|
|
|
|
|
|
|
|
|
|
If the current block is *before* the switchover time and the
|
|
|
|
|
`staking_rewards_per_second` parameter is set to 0, no staking rewards will be
|
|
|
|
|
paid from the `x/community` module and will continue to come from other modules
|
|
|
|
|
such as `x/mint` and `x/distribution`.
|
|
|
|
|
|
|
|
|
|
On the first block after the switchover time, the `staking_rewards_per_second`
|
|
|
|
|
parameter is updated to reflect the parameter
|
|
|
|
|
`upgrade_time_set_staking_rewards_per_second`, and staking rewards are paid out
|
|
|
|
|
every block from the community pool, instead of from minted coins from `x/mint`
|
|
|
|
|
and `x/kavadist`. The payout is calculated with the `staking_rewards_per_second`
|
|
|
|
|
parameter.
|
|
|
|
|
|
|
|
|
|
In addition to these payout changes, inflation in `x/mint` and `x/kavadist` is
|
|
|
|
|
disabled after the switchover time.
|
