Modify ANC Parameters

This poll type is yet to be supported by the official Anchor WebApp.

The Modify ANC Parameters poll enables users to submit governance polls that adjust parameter values that affect the Anchor Token (ANC).

Epoch Period is the the minimum time delay required between subsidization events, which handle reward claiming of bAsset collaterals, direct deposit rate subsidization, and readjusting the ANC emission rate based on the current deposit rate.

The ANC Purchase Factor determines the portion of bAsset rewards and collateral liquidation fees (bid fee) that is used to purchase ANC tokens.

Staking Reward Factor defines the portion of purchase ANC tokens that are distributed as staking rewards to stakers of ANC.

Parameter Name

Description

Epoch Period

Minimum time between operations for bAsset reward collection, deposit rate subsidization, and ANC emission rate adjustment

ANC Purchase Factor

Portion of bAsset rewards and collateral liquidation fees (bid fee) used to purchase ANC

Staking Reward Factor

Portion of purchased ANC distributed as staking rewards to ANC stakers

Parameter Values

Up-To-Date

Parameter Name

Human-Readable Value

Raw Value (In Contract State)

Epoch Period

3 hours

1681 (blocks)

ANC Purchase Factor

10%

0.1

Staking Reward Factor

100%

1

At Protocol Genesis

Parameter Name

Human-Readable Value

Raw Value (In Contract State)

Epoch Period

3 hours

1681 (blocks)

ANC Purchase Factor

10%

0.1

Staking Reward Factor

100%

1

Poll Format

Field

Description

Optionality

Title

Poll title

Required

Proposal Rationale

Short description of poll rationale

Required

Information Link

External URL for further information

Optional

Epoch Period

Proposed minimum time between operations for bAsset reward collection, deposit rate subsidization, and ANC emission rate adjustment

Optional

ANC Purchase Factor

Proposed portion of bAsset rewards and collateral liquidation fees (bid fee) used to purchase ANC

Optional

Staking Reward Factor

Proposed portion of purchased ANC distributed as staking rewards to ANC stakers

Optional

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