Summary

This proposal follows the passed proposal [DSLA-IP9] on Snapshot, which kicked off decentralized governance over DSLA Protocol parameters on Ethereum Mainnet.

[DSLA-IP10] is a proposal to update the protocol parameters for DSLA on Arbitrum , Polygon and Avalanche to match those on Ethereum Mainnet. This parameter update is to align different protocol 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.

Parameters should be uniform across deployments.

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