KIP-34 Parameter Updates (December 2020)

I am proposing an update to various court parameters and parameters of some arbitrable applications controlled by the governor to account for changes in crypto prices, average gas prices, observed rates of coherence by court, etc.

Note that these updates were generated by the calculator in the following worksheet:

https://colab.research.google.com/drive/1D7FoiUC-5SNOZ5NLzJbeRc-AoP2_zCE9?usp=sharing

So you can see the exposition in this worksheet for the rationales that went into these choices as well as potentially play around with the calculator yourselves and eventually use it to create future parameter updates. Some of the estimations based on observed rates of coherence etc are listed here: https://docs.google.com/document/d/1Np-0JphMQwgim04ds16rpFoFrMstlTx78qIjqa5xjJo/edit?usp=sharing

One particular thing to point out is that I propose we change the stake multipliers in some of the arbitrable applications. Currently, most arbitrable applications either have winnerStakeMultiplier=sharedStakeMultiplier=50%, loserStakeMultiplier=100% or winnerStakeMultiplier=sharedStakeMultiplier=100%, loserStakeMultiplier=200%. Looking at applications with each choice, it looks like the rate of appeal is about the same (10-15%). However, all else being equal, going with winnerStakeMultiplier=sharedStakeMultiplier=50%, loserStakeMultiplier=100% has some positive effects on the minstake sizes we need for the courts that judge those cases, see the exposition in the calculator worksheet under “Arbitrator-Arbitrable Split Attack”.

Thus, I propose to update the parameters in the following courts:

General Court

Proposed juror fee : 0.04 ETH Proposed minstake : 620.0 PNK Proposed alpha : 1

Non-Technical

Blockchain->Non-Technical

Proposed juror fee : 0.027 ETH Proposed minstake : 1100.0 PNK Proposed alpha : 0.5

Token Listing

Blockchain->Non-Technical->Token Listing

Proposed juror fee : 0.42 ETH Proposed minstake : 13000.0 PNK

Technical

Blockchain->Technical

Proposed juror fee : 0.44 ETH Proposed minstake : 17000.0 PNK

English Language

Proposed juror fee : 0.056 ETH Proposed minstake : 1900.0 PNK

Onboarding

Proposed juror fee : 0.0087 ETH Proposed minstake : 620.0 PNK Proposed alpha : 0.24

Curation

Proposed juror fee : 0.014 ETH Proposed minstake : 620.0 PNK Proposed alpha : 0.46

Curation (Medium)

Curation->Curation (Medium)

Proposed juror fee : 0.023 ETH Proposed minstake : 770.0 PNK Proposed alpha : 0.5

Spanish-English Translation

English Language->Spanish-English Translation

Proposed juror fee : 0.028 ETH Proposed minstake : 1900.0 PNK Proposed alpha : 0.23

French-English Translation

English Language->French-English Translation

Proposed juror fee : 0.028 ETH Proposed minstake : 1900.0 PNK Proposed alpha : 0.23

Portugese-English Translation

English Language->Portugese-English Translation

Proposed juror fee : 0.028 ETH Proposed minstake : 1900.0 PNK Proposed alpha : 0.23

German-English Translation

English Language->German-English Translation

Proposed juror fee : 0.033 ETH Proposed minstake : 1900.0 PNK Proposed alpha : 0.27

Russian-English Translation

English Language->Russian-English Translation

Proposed juror fee : 0.033 ETH Proposed minstake : 1900.0 PNK Proposed alpha : 0.27

Korean-English Translation

English Language->Korean-English Translation

Proposed juror fee : 0.04 ETH Proposed minstake : 1900.0 PNK Proposed alpha : 0.33

Japanese-English Translation

English Language->Japanese-English Translation

Proposed juror fee : 0.04 ETH Proposed minstake : 1900.0 PNK Proposed alpha : 0.33

Turkish-English Translation

English Language->Turkish-English Translation

Proposed juror fee : 0.04 ETH Proposed minstake : 1900.0 PNK Proposed alpha : 0.33

Chinese-English Translation

English Language->Chinese-English Translation

Proposed juror fee : 0.04 ETH Proposed minstake : 1900.0 PNK Proposed alpha : 0.33

Furthermore, I propose to update the following arbitrable application parameters:

T2CR:

requestorBaseDeposit : 0.16 ETH winnerStakeMultiplier: 5000 (i.e. 50%) loserStakeMultiplier: 10000 (i.e. 100%) sharedStakeMultiplier: 5000 (i.e. 50%)

ERC20 badge:

requestorBaseDeposit : 6.5 ETH winnerStakeMultiplier: 5000 (i.e. 50%) loserStakeMultiplier: 10000 (i.e. 100%) sharedStakeMultiplier: 5000 (i.e. 50%)

Curate Safe Farming:

submissionBaseDeposit : 13.0 ETH removalBaseDeposit : 0.82 ETH removalChallengeBaseDeposit : 0.025 ETH winnerStakeMultiplier: 5000 (i.e. 50%) loserStakeMultiplier: 10000 (i.e. 100%) sharedStakeMultiplier: 5000 (i.e. 50%)

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