diff --git a/x/validator-vesting/spec/01_concepts.md b/x/validator-vesting/spec/01_concepts.md index 01dd9f5f..d2402318 100644 --- a/x/validator-vesting/spec/01_concepts.md +++ b/x/validator-vesting/spec/01_concepts.md @@ -1,8 +1,7 @@ # Concepts -The validator-vesting module is responsible for managing Validator Vesting Accounts, a vesting account for which the release of coins is tied to the validation of the blockchain. Validator Vesting Accounts implemnt the cosmos-sdk vesting account spec, which can be found [here](https://github.com/cosmos/cosmos-sdk/tree/master/x/auth/spec). +The validator-vesting module is responsible for managing Validator Vesting Accounts, a vesting account for which the release of coins is tied to the validation of the blockchain. Validator Vesting Accounts implement the cosmos-sdk vesting account spec, which can be found [here](https://github.com/cosmos/cosmos-sdk/tree/master/x/auth/spec). The main concept the Validator Vesting Account introduces is that of _conditional vesting_, or vesting accounts in which it is possible for some or all of the vesting coins to fail to vest. For Validator Vesting Accounts, vesting is broken down into user-specified __vesting periods__. Each vesting period specifies an amount of coins that could vest in that period, and how long the vesting period lasts. -For each vesting period, a __signing threshold__ is specified, which is the percentage of blocks that must be signed for the coins to successfully vest. After a period ends, coins that are successfully vested become freely spendable. Coins that do not successfuly vest are burned, or sent to an optional return address. - +For each vesting period, a __signing threshold__ is specified, which is the percentage of blocks that must be signed for the coins to successfully vest. After a period ends, coins that are successfully vested become freely spendable. Coins that do not successfully vest are burned, or sent to an optional return address. diff --git a/x/validator-vesting/spec/02_state.md b/x/validator-vesting/spec/02_state.md index 43d9b7bb..b849296d 100644 --- a/x/validator-vesting/spec/02_state.md +++ b/x/validator-vesting/spec/02_state.md @@ -2,24 +2,26 @@ ## Validator Vesting Account type -Validator Vesting Accounts implement the `cosmos-sdk` vesting account spec and extend the `PeriodicVestingAccountType`: +Validator Vesting Accounts implement the `cosmos-sdk` vesting account interfaces and extends the `PeriodicVestingAccountType`: ```go type ValidatorVestingAccount struct { *vesting.PeriodicVestingAccount + ValidatorAddress sdk.ConsAddress // The validator address which will be used to check if blocks were signed ReturnAddress sdk.AccAddress `json:"return_address" yaml:"return_address"` // The account where coins will be returned in the event of a failed vesting period SigningThreshold int64 `json:"signing_threshold" yaml:"signing_threshold"` // The percentage of blocks, as an integer between 0 and 100, that must be signed each period for coins to successfully vest. MissingSignCount []int64 `json:"missing_sign_count" yaml:"missing_sign_count"` // An array of two integers which track the number of blocks that were not signed during the current period and the total number of blocks which have passed during the current period, respectively. - VestingPeriodProgress [][]int `json:"vesting_period_progress" yaml:"vesting_period_progress"` //An 2d array with length equal to the number of vesting periods. After each period, the value at the first index of that period is updated with 1 to represent that the period is over. The value at the second index is updated to 0 for unsucessful vesting and 1 for successful vesting. - DebtAfterFailedVesting sdk.Coins `json:"debt_after_failed_vesting" yaml:"debt_after_failed_vesting"` // The debt currently owed by the account. Debt accumulates in the event of unsuccessful vesting periods. -} + VestingPeriodProgress [][]int `json:"vesting_period_progress" yaml:"vesting_period_progress"` //An 2d array with length equal to the number of vesting periods. After each period, the value at the first index of that period is updated with 1 to represent that the period is over. The value at the second index is updated to 0 for unsuccessful vesting and 1 for successful vesting. + DebtAfterFailedVesting sdk.Coins `json:"debt_after_failed_vesting" yaml:"debt_after_failed_vesting"` // The debt currently owed by the account. Debt accumulates in the event of unsuccessful vesting periods. + } ``` ## Stores There is one `KVStore` in `validator-vesting` which stores + * A mapping from each ValidatorVestingAccount `address` to `[]Byte{0}` * A mapping from `previous_block_time_prefix` to `time.Time` -The use of `[]Byte{0}` value for each `address` key reflects that this module only accesses the store to get or iterate over keys, and does not require storing an value. +The use of `[]Byte{0}` value for each `address` key reflects that this module only accesses the store to get or iterate over keys, and does not require storing an value. The storage of the actual account state is done by the cosmos-sdk `x/auth` `AccountKeeper`. diff --git a/x/validator-vesting/spec/03_begin_block.md b/x/validator-vesting/spec/03_begin_block.md index 967bb1ca..090615ec 100644 --- a/x/validator-vesting/spec/03_begin_block.md +++ b/x/validator-vesting/spec/03_begin_block.md @@ -1,6 +1,6 @@ # Begin Block -At each `BeginBlock`, all validator vesting accounts are iterated over to update the status of the current vesting period. Note that the address of each account is retreived by iterating over the keys in the `validator-vesting` store, while the account objects are stored and accessed using the `auth` module's `AccountKeeper`. For each account, the block count is incremented, the missed sign count is incremented if the validator did not sign the block or was not found in the validator set. By comparing the blocktime of the current `BeginBlock`, with the value of `previousBlockTime` stored in the `validator-vesting` store, it is determined if the end of the current period has been reached. If the current period has ended, the `VestingPeriodProgress` field is updated to reflect if the coins for the ending period successfully vested or not. After updates are made regarding the status of the current vesting period, any outstanding debt on the account is attempted to be collected. If there is enough `SpendableBalance` on the account to cover the debt, coins are sent to the `ReturnAdress` or burned. If there is not enough `SpendableBalance` to cover the debt, all delegations of the account are `Unbonded`. Once those unbonding events reach maturity, the coins freed from the undonding will be used to cover the debt. Finally, the time of the previous block is stored in the validator vesting account keeper, which is used to determine when a period has ended. +At each `BeginBlock`, all validator vesting accounts are iterated over to update the status of the current vesting period. Note that the address of each account is retrieved by iterating over the keys in the `validator-vesting` store, while the account objects are stored and accessed using the `auth` module's `AccountKeeper`. For each account, the block count is incremented, the missed sign count is incremented if the validator did not sign the block or was not found in the validator set. By comparing the blocktime of the current `BeginBlock`, with the value of `previousBlockTime` stored in the `validator-vesting` store, it is determined if the end of the current period has been reached. If the current period has ended, the `VestingPeriodProgress` field is updated to reflect if the coins for the ending period successfully vested or not. After updates are made regarding the status of the current vesting period, any outstanding debt on the account is attempted to be collected. If there is enough `SpendableBalance` on the account to cover the debt, coins are sent to the `ReturnAdress` or burned. If there is not enough `SpendableBalance` to cover the debt, all delegations of the account are `Unbonded`. Once those unbonding events reach maturity, the coins freed from the unbonding will be used to cover the debt. Finally, the time of the previous block is stored in the validator vesting account keeper, which is used to determine when a period has ended. ```go func BeginBlocker(ctx sdk.Context, req abci.RequestBeginBlock, k keeper.Keeper) { diff --git a/x/validator-vesting/spec/README.md b/x/validator-vesting/spec/README.md new file mode 100644 index 00000000..186b18ae --- /dev/null +++ b/x/validator-vesting/spec/README.md @@ -0,0 +1,14 @@ +# `validator-vesting` + + +1. **[Concepts](01_concepts.md)** +2. **[State](02_state.md)** +3. **[BeginBlock](03_begin_block.md)** + +## Abstract + +`x/validator-vesting` is an implementation of a Cosmos SDK sub-module that defines a new type of vesting account, `ValidatorVestingAccount`. This account implements the Cosmos SDK `VestingAccount` interface and extends it to add conditions to the vesting balance. In this implementation, in order to receive the vesting balance, the validator vesting account specifies a validator that must sign a given `SigningThreshold` of blocks during each vesting period in order for coins to successfully vest. + +## Dependencies + +This module uses the Cosmos SDK `x/auth` module and `x/auth/vesting` sub-module definitions of `Account` and `VestingAccount`. The actual state of a `ValidatorVestingAccount` is stored in the `x/auth` keeper, while this module merely stores a list of addresses that correspond to validator vesting accounts for fast iteration.