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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