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DebaseonomicsDebaseonomicsby0xaF2421C87C72E91E08C3126D89DCB3d8a94FE7020xaF24…E702

Composing with Stabilizer-pool 2

Voting ended over 5 years agoSucceeded

Proposal in full: https://github.com/debaseonomics/DIPS/blob/main/dip-9.md

Abstract SP2 will use an new seigniorage system that seeks to minimize time price is far from peg thus overcoming one of the main issues of current seignoirage systems.

Technical specification Details of the system can be found here: https://debaseonomics.medium.com/sp2-user-guide-shut-the-door-behind-you-369646ed72

Configurable parameters A complete list of parameters and their values is available here: https://thegraph.com/explorer/subgraph/debaseonomics/burnpool?version=current The most pertinent ones are listed below: Cycle length (Duration over which rewards are given out in expansion): 5 Epochs Epoch time: 6400 Block (~24 days) Oracle block Period (TWAP oracle for coupon window): 1000 Blocks (~4 hrs) Builders fee (request made to rewards contract as a percentage of the cycle's reward pot): 20% (upto 5% shared with community) Additional information

Pool design by @Punkunkown, @anon18382 and Sabretooth

Vote Yes to compose, No otherwise

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Timeline

Feb 10, 2021Proposal created
Feb 10, 2021Proposal vote started
Feb 11, 2021Proposal vote ended
Oct 26, 2023Proposal updated