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 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 |
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 |
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 |
Last modified 2yr ago