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Update Inflation Info #6384
Update Inflation Info #6384
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docs/learn/learn-kusama-inflation.md
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<MessageBox message="[Learn about Polkadot's native token DOT inflation](./learn-inflation)." /> | ||
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KSM is an inflationary token. Inflation is | ||
[set to be 10% annually](https://github.com/paritytech/polkadot-sdk/blob/756ccc35e93d1a78e3c71a0e67ae4da5f1d09f69/runtime/kusama/src/lib.rs#L535). |
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This is a super old commit! the actual 10% is stored in the parameters pallet instance in the Kusama runtime.
portion may go directly to the treasury. The exact percentage that goes into both varies and is | ||
based on the amount of DOT that are staked. Please see the article on | ||
[inflation](../learn/learn-staking.md/#inflation) for more information. | ||
The 85% of inflation is rewarded to validators for performing their duties, while the 15% goes to |
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Note that this 15% is now hardcoded, but used to be something that we intended to parameterize with MaxStakingReward
in Polkadot.
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yeah, this is why I did not mention it for now. I know that the current inflation fix it temporary and at some point parameters will be exposed to gov. We can add this info once is done.
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Note that this 15% is now hardcoded, but used to be something that we intended to parameterize with
MaxStakingReward
in Polkadot.
Yes, the goal is to have this adjustable. Since the fixed DOT issuance was not something that we could do with the current code (except hardcoding it), we had to take a shortcut. I'll make an issue to reintroduce adjustability via governance maybe with integration of the parameters pallet.
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docs/learn/learn-inflation.md
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Briefly, the ideal staking rate can be calculated as follows: | ||
Net DOT inflation depends on [treasury expenditures](./learn-polkadot-opengov-treasury.md) and |
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you mean treasury burns?
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yes treasury burns
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