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 |
| Minimum time between operations for bAsset reward collection, deposit rate subsidization, and ANC emission rate adjustment |
| Portion of bAsset rewards and collateral liquidation fees (bid fee) used to purchase ANC |
| 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) |
| 3 hours | 1681 (blocks) |
| 10% | 0.1 |
| 100% | 1 |
At Protocol Genesis
Parameter Name | Human-Readable Value | Raw Value (In Contract State) |
| 3 hours | 1681 (blocks) |
| 10% | 0.1 |
| 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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