Extend report to validate values for Parameter Committee Proposal #14
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The PCP_TreasuryTax-tau-parameter_EarnCoinPool proposal addresses the treasury growth rate, which adds currently 20% of the Total Reward Pot at Epoch n to the treasury each epoch. The proposal is to lower this rate, perhaps even to 5%, which was one of the original ideas before Shelley. It's important to note that there is more than a 20% addition to the treasury due to other rules, such as PoolReap. Additionally, since epoch 400, there has been a significant inflow that I cannot explain yet, as it has nothing to do with MIR certs. (see: Treasury Calculation Report) In the Conway era, there will also be the possibility to add donations to the treasury, which will be another factor increasing the amount going into the treasury for each epoch. |
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I will regenerate the report to have it up-2-date for the current epoch. But also the old one shows that there is more than the actual 20% going into the treasury pot each epoch. |
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Hello, sorry I finally have time to get back to this. How do we confirm these numbers? "Between Epochs 433 and 443 the average reward pot was 26.4M [ rho * reserve + fees ] , the average treasury contribution per epoch was 5.2M [Pots | Cardano Explorer (cexplorer.io) 1], the average distributed to SPO’s and delegators was 10.1M, and the amount returned to the reserve was 11.1M." I want to confirm the total reward pot per epoch and the total returned to the reserve so we can confirm this statement: "11.1M was returned to the reserve due to the fraction of unclaimed rewards returned to the reserves. The effective treasury tax rate is closer to 33%. So approximately 30 Million ADA is added to the Treasury each month." It seems we have confirmed the rewards to SPOs and delegators at around 10.1 million, now I just want to confirm the rest. Thank you for your help! The above is from post here: |
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@EarnCoinPool unfortunately I had some other task todo for today but I will provide a detailed answer tomorrow or on Monday thx 🙏 😊 |
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No worries. Thanks for your help! |
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Hello just wanted to follow-up. No rush but wanted to check-in. Thanks |
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The current report is not up-to-date with the current epoch, so it should be updated also to be available as a document to validate the values from this Parameter Committee Proposal.
https://forum.cardano.org/t/pcp-treasurytax-tau-parameter-earncoinpool/123245?u=earncoinpool
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