KIP-40 Parameter Updates (March 2021)

Forum discussions

I propose to update the parameters in the following courts. These propositions were generated with this calculator: https://colab.research.google.com/drive/1MN-l2dOuY44eTYvwgv636v6vInzfumO5?usp=sharing So I invite people to use the calculator to play around with the assumptions that went into these calculations and, indeed, use the calculator to propose future parameter updates.

Most of the changes since the previous update are a response to changing crypto-prices and particularly continued increases in gas prices. As you can see in the calculator, the parameters are calibrated for “typical” gas prices of 150 gwei (and are constrained so that even at 200 gwei, average rewards are at least as high as the required gas to vote, etc). While these are lower than the highest peaks of gas one has observed recently, note that the voting periods are generally several days long, and these gas prices are relatively conservative compared to what has been recently necessary for non-instant confirmation times according to https://www.gasnow.org/

Note that I also propose reducing the jurorsForCourtJump somewhat in the Blockchain and Blockchain Non-technical courts to make appeals to the general court somewhat more viable. In doing so, keeping in mind the historical rates of appeals in these courts, one can better take advantage of the security associated with the larger amount that is staked in the general court in case of attack.

General Court

Proposed juror fee : 0.03 ETH Proposed minstake : 700.0 PNK

Blockchain

Proposed juror fee : 0.034 ETH Proposed minstake : 2100.0 PNK Proposed jurorsForCourtJump: 63

Non-Technical

Blockchain->Non-Technical

Proposed juror fee : 0.028 ETH Proposed minstake : 2500.0 PNK Proposed jurorsForCourtJump: 31

Token Listing

Blockchain->Non-Technical->Token Listing

Proposed juror fee : 0.14 ETH Proposed minstake : 14000.0 PNK

Technical

Blockchain->Technical

Proposed juror fee : 0.14 ETH

English Language

Proposed juror fee : 0.036 ETH Proposed minstake : 3900.0 PNK

Onboarding

Proposed juror fee : 0.023 ETH Proposed minstake : 700.0 PNK Proposed alpha : 1

Curation

Proposed juror fee : 0.028 ETH Proposed minstake : 3100.0 PNK Proposed alpha : 0.5

Curation (Medium)

Curation->Curation (Medium)

Proposed juror fee : 0.028 ETH Proposed minstake : 3100.0 PNK

Spanish-English Translation

English Language->Spanish-English Translation

Proposed minstake : 3900.0 PNK Proposed alpha : 0.4

French-English Translation

English Language->French-English Translation

Proposed minstake : 3900.0 PNK Proposed alpha : 0.4

Portuguese-English Translation

English Language->Portuguese-English Translation

Proposed minstake : 3900.0 PNK Proposed alpha : 0.4

German-English Translation

English Language->German-English Translation

Proposed juror fee : 0.029 ETH Proposed minstake : 3900.0 PNK Proposed alpha : 0.4

Russian-English Translation

English Language->Russian-English Translation

Proposed juror fee : 0.029 ETH Proposed minstake : 3900.0 PNK Proposed alpha : 0.4

Korean-English Translation

English Language->Korean-English Translation

Proposed juror fee : 0.031 ETH Proposed minstake : 3900.0 PNK Proposed alpha : 0.43

Japanese-English Translation

English Language->Japanese-English Translation

Proposed juror fee : 0.031 ETH Proposed minstake : 3900.0 PNK Proposed alpha : 0.43

Turkish-English Translation

English Language->Turkish-English Translation

Proposed juror fee : 0.031 ETH Proposed minstake : 3900.0 PNK Proposed alpha : 0.43

Chinese-English Translation

English Language->Chinese-English Translation

Proposed juror fee : 0.031 ETH Proposed minstake : 3900.0 PNK Proposed alpha : 0.43

Corte General en Español

Proposed juror fee : 0.031 ETH Proposed minstake : 1700.0 PNK

Humanity

Proposed juror fee : 0.028 ETH Proposed minstake : 1200.0 PNK

I also propose to update the following arbitrable application parameters:

Curate Kleros High Impact Storytelling: submissionBaseDeposit : 0.08 ETH

Curate Kleros High Impact Storytelling: removalBaseDeposit : 0.08 ETH

Curate Kleros High Impact Storytelling: removalChallengeBaseDeposit : 0.058 ETH

Proof of Humanity: submissionBaseDeposit : 0.14 ETH