Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Governance Action: Update a Single Protocol Parameter - Success #2030

Open
dorin100 opened this issue Nov 15, 2023 · 0 comments
Open

Governance Action: Update a Single Protocol Parameter - Success #2030

dorin100 opened this issue Nov 15, 2023 · 0 comments
Labels
cip_1694 conway tickets specific to Conway Hard Fork testing

Comments

@dorin100
Copy link
Collaborator

dorin100 commented Nov 15, 2023

  1. Some SPOs want to reduce minpoolcost
  2. SPO community is polled/discussions take place
  3. Parameter committee advises on impact of change and makes an expert recommendation
  4. A specific parameter change governance action is prepared that links to the polls/discussions/expert advice and to the previous parameter change action
    Eg Reduce minpoolcost to 170 ada
  5. The action is submitted on chain - fee plus deposit paid by the submitter
  6. The constitutional committee confirms the action is constitutional
  7. DReps vote
  8. If the action gets enough votes before the expiry date, it is ratified
  9. The minpoolcost parameter is automatically changed to 170 ada when it is enacted (one epoch after ratification = 1 day on SanchoNet) and the action deposit is returned to the submitter
@dorin100 dorin100 added the conway tickets specific to Conway Hard Fork testing label Nov 15, 2023
@dorin100 dorin100 changed the title Update a Single Protocol Parameter Update a Single Protocol Parameter - Success Nov 15, 2023
@dorin100 dorin100 changed the title Update a Single Protocol Parameter - Success Governance Action: Update a Single Protocol Parameter - Success Nov 15, 2023
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
cip_1694 conway tickets specific to Conway Hard Fork testing
Projects
None yet
Development

No branches or pull requests

1 participant