84f84c4eec
* Update x/community spec * Update reward details, remove old pool section * Reward parameters typoish Co-authored-by: Robert Pirtle <Astropirtle@gmail.com> --------- Co-authored-by: Robert Pirtle <Astropirtle@gmail.com>
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Concepts
Community Pool
The x/community module contains the community pool funds and provides proposal handlers to manage community pool funds.
Funding
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 These funds may be deposited/withdrawn to lend via the CommunityPoolLendDepositProposal & CommunityPoolLendWithdrawProposal.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.