Summary

This proposal is an addendum to update paramaters according to the passed proposal [DSLA-IP9] on Snapshot at https://dao.dsla.network/#/proposal/0xfaed15fb36c7f5d187db45d4e209fb5dc68afa6db2ab7557a4c3acf8e03e47ae.

This proposal addendum is required due to a misconfiguration in the Zodiac/Reality.eth module in Gnosis Safe, causing the proposed parameter update transaction in [DSLA-IP9] to revert. Original [DSLA-IP9] proposal follows:

[DSLA-IP9] is a proposal to update the protocol parameters for DSLA to align different incentives and increase DSLA burn rate.

Current Parameter Values:

DSLAburnRate : '3',
dslaDepositByPeriod: '250000000000000000000000',
dslaPlatformReward: '750000000000000000000',
dslaMessengerReward: '49250000000000000000000',
dslaUserReward: '100000000000000000000000',
dslaBurnedByVerification: '100000000000000000000000',
maxTokenLength: '1',
maxLeverage: '4',
burnDSLA: 'true

Proposed Parameter Values:

DSLAburnRate : '3',
dslaDepositByPeriod: '375000000000000000000000',
dslaPlatformReward: '50000000000000000000000',
dslaMessengerReward: '50000000000000000000000',
dslaUserReward: '25000000000000000000000',
dslaBurnedByVerification: '250000000000000000000000',
maxTokenLength: '1',
maxLeverage: '4',
burnDSLA: 'true'

Rationale

The value of various built-in incentives are not currently aligned with their value to DSLA or the work required by each recipient/stakeholder. In addition, increasing the number of DSLA burned for each verification benefits the protocol overall.

For readability, in decimal numbers, the proposed value for each parameter would be:

DSLAburnRate : '3',
dslaDepositByPeriod: '375000',
dslaPlatformReward: '50000',
dslaMessengerReward: '50000',
dslaUserReward: '25000',
dslaBurnedByVerification: '250000',
maxTokenLength: '1',
maxLeverage: '4',
burnDSLA: 'true'

Proposal

1. YES Update DSLA Parameters
2. NO Leave Current DSLA Parameters