Possible Optimizations of NNS Tokenomics (Updated!)

General
262

Thank you @dominicwilliams, when discussing tokenomics update (shouldn’t be applied often) I wanted to suggest one more modification (hope not too late - couldn’t participate yesterday) which would (slightly?) increase generation of maturity but might motivate people not to spawn a neuron (mint ICP - causing actual inflation) - include part of Available Maturity in calculation of Voting Power

Current VP calculation:

voting_power = (staked_icp + staked_maturity) × age_bonus × dissolve_delay_bonus

Suggested VP calculation update:

voting_power = (staked_icp + staked_maturity + available_maturity/X) × age_bonus × dissolve_delay_bonus

  • value of X to be discussed and agreed, e.g. 2 means counting in 50% of available maturity, 5 then 20% …

  • this would:

    1. (further) motivate people to keep maturity even as available rather than using it to mint new ICP (causing inflation)
    2. (partially) provide a short term staking functionality which NNS currently doesn’t provide
    3. in general this would motivate people to rather keep maturity than ‘moving’ it as ICP to some exchange
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