You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
This is the suggested template for RigoBlock related issues.
Summary
Add additional bindings to proof of performance calculation reward.
Motivation
Proof of performance rewards pools operators based on the value of the pool and, if any, their performance. Given the arbitrary NAV setting by the pool operator in the Drago application, the rewards multiplier for such an application is currently 0. By binding the reward to the Eth in the pool we incentivize the pool operator to maintain sufficient eth in the pool at regular intervals.
Specification
The proof of performance reward is decreased by the ratio between eth in the pool and the pool value. Each such ratio < 1% entails the reward being zero, as a 1% minimum eth liquidity is required to guarantee NAV integrity.
Rationale
Dramatically reduce potential abuse of proof of performance algorithm by setting some additional requirements which make the incentives system more decentralized and less vulnerable.
Notes
ProofOfPerformanceFace.sol needs to be updated as well, in order to include all functions.
The text was updated successfully, but these errors were encountered:
This is the suggested template for RigoBlock related issues.
Summary
Add additional bindings to proof of performance calculation reward.
Motivation
Proof of performance rewards pools operators based on the value of the pool and, if any, their performance. Given the arbitrary NAV setting by the pool operator in the Drago application, the rewards multiplier for such an application is currently 0. By binding the reward to the Eth in the pool we incentivize the pool operator to maintain sufficient eth in the pool at regular intervals.
Specification
The proof of performance reward is decreased by the ratio between eth in the pool and the pool value. Each such ratio < 1% entails the reward being zero, as a 1% minimum eth liquidity is required to guarantee NAV integrity.
Rationale
Dramatically reduce potential abuse of proof of performance algorithm by setting some additional requirements which make the incentives system more decentralized and less vulnerable.
Notes
ProofOfPerformanceFace.sol needs to be updated as well, in order to include all functions.
The text was updated successfully, but these errors were encountered: