This document contains design information relating to both FIP-6 and FIP-21
https://github.com/fioprotocol/fips/blob/master/fip-0006.mdhttps://github.com/fioprotocol/fips/blob/master/fip-0021.md
this effort is tracked by the following story
Design:
FIP-6:
for FIP-6 There are several important factors
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Establish tables to be used to record and account the new locked token model (these are called general locked tokens in this design).
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:
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provide new actions for creating these new locks, this will require 2 new actions, one in the token contract, and one in the system contract (trnsloctoks, and addgenlocked)
integrate the new locking logic into the token contract and the system contract
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make can transfer, and computegenerallockedtokens similar to the genesis token accounting, implement the logic specific for the general locks.
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FIP-21:
There are 2 important aspects of the staking incentives being proposed:
Establish and integrate a set of set business rules for when to provide incentives, compute the amount of incentive to provide when incentives are applicable.
We will modify the trnsloctoks (transfer locked tokens) action in the following ways:
it will look for one locking period being present and a duration matching the set of durations specified for the incentive program. The changes will be programmed using a block of constants which will aid in modifications going forward.
Before minting any new tokens,The amount to be added to the grant will be computed according to the table in FIP-21, this will be called Ra. the contents of the total_staking_incentives_granted will be checked, if the total_staking_incentives_granted is less than 20,000,000 then incentives will be added to the grant. if the total_staking_incentives_granted is >= 20,000,000 then NO incentives will be added to the grant. if incentives are being offered for this grant, The amount of incentives remaining will be calculate ad Ri = 20,000,000 - total_staking_incentives_granted . If Ri is less than the amount Ra, the incentive amount to be given will be reset for this grant to become Ri.
Conditional minting logic will be added in order to provide the necessary additional tokens to the locked token grant account. Tokens will be minted directly to the grant account. The total amount of the grant will be increased by the amount of the incentive. Then the locked tokens table entry will be added to the table
Track the total amount of incentives provided by the program, and stop providing incentives once the 20,000,000 FIO threshold is reached.
A new global state table (global4) will be created containing the total_staking_incentives_granted. This table will be updated with any incentive amounts used by adding the computed incentive amount (as stated above) to the previous value of the table, until the 20,000,000 threshold is reached.
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Summarize changes to fio and fio.contracts
FIP-6
FIP-21
System contract.
fio.system.hpp –
add the global4 table which will hold int32 total_staking_incentives_granted initialized to 0.
fio.system.cpp --
add new action to update staking incentives granted (
updtotstkinc
), special note, auth check that its the fio.token contract calling it.
Token Contract
fio.token.cpp --
modify trnsloctoks to implement the incentives logic, incentive computations, minting and transfer of new tokens, update of total staking incentives granted.
for minting, call issue of fio to the grant holder account for the specified amount of incentive.
call
updtotstkinc
to update incentive rewards accounting in global state.
New contract actions
trnsloctoks
addgenlocked
updtotstkinc
Note changes to structs and ABIs
new global4 table in system.
new actions trnsloctoks in token contract.
addgenlocked
,updtotstkinc
in system contract
Detail any table updates or migrations
no table migrations are necessary.
Summary of risks, impacts and logistics analysis
performance testing of the trnsloctoks should be performed on dev box to ensure this new logic has time to run, if it succeeds on a dev box it should then be fine on other deployments.
functional testing will test this perf concern in all environments (dev local, dev net, test net)
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send the max number of locking periods (50), do this for 1000 users, verify general locks and staking incentives occurs without incident for individuals5000 users, then create small incentivized grants for another 5000. once this load is in place perform the functional tests, verify they pass. Do this on the dev net.
Fork Testing plan
this is not a forking change. the chain code modifications associated with FIP-6 will be released at a later time.
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