Governance Parameters¶
This section highlights a non-exhaustive list of parameters and actions that the community can govern through the proposed governance mechanism. The pSTAKE community is also encouraged to explore new horizons of governance parameters and actions as pSTAKE expands support for new networks and ecosystems.
Protocol Economics¶
Parameters | Description | Current Value |
---|---|---|
Minting Fees | Fee on minting of stkASSETs as a % of deposit amount (Independent for each network) | 0.00% |
Service Fees | Fee charged as % of staking rewards after commission (Independent for each network) | 0.00% |
Fee Distribution for verticals | Stakeholders amongst whom fee is distributed | |
Fee distribution % | % distribution of fee amongst verticals | |
Reward rate for stkASSETs | Staking rewards on stkASSETs issued on pSTAKE | stkATOM: ~12% stkXPRT: ~33% |
pSTAKE Stakeholders¶
Parameters | Description | Current Value |
---|---|---|
Addition / Removal of new validator | Managing independent validator sets for each supported network | |
Validator scoring parameters | Independent evaluation of each supported network |
|
Stake distribution strategy amongst validators | How assets deposited on pSTAKE will be distributed between pSTAKE validators | Equal distribution |
Community Dev Fund Multisig members | Multisig members for allocation of community development fund based on governance | 6/11 threshold signature signing |
Community Dev Fund allocation | Foster community initiatives through development fund allocation |
Snapshot Parameters¶
Parameters | Description | Current Value |
---|---|---|
Proposal Threshold | minimum number of tokens required to create a proposal | 250,000 PSTAKE |
Delay period | Time period between when proposal is posted and start of voting | 1 Day |
Voting Period | Duration of active voting on live proposals | 7 Days |
Voting Type | Mechanism of voting on live proposals (Learn more about Voting Types) | Basic voting
|
Voting Strategy | Mechanism for evaluation voting results (Learn more about Strategies) | erc-20-balance-of
|
Quorum | Minimum participation required for proposal result to be considered | 2,500,000 PSTAKE |