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Align economic incentives for partial seat pricing #2056

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ilblackdragon opened this issue Feb 1, 2020 · 2 comments
Closed

Align economic incentives for partial seat pricing #2056

ilblackdragon opened this issue Feb 1, 2020 · 2 comments
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A-chain Area: Chain, client & related P-high Priority: High

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@ilblackdragon
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Currently if validator gets 1.7 seats, they are rewarded for 1. Meaning there is no point of marginally adding stake until the threshold crossed.
This may lead to undesired behavior, but also in cases of delegation leads to delegates loosing their reward as more delegates join, e.g.:
Current stake 10000, seat price: 10000 with reward per epoch per 1 near is 0.0001
New stake added, current stake: 10100, now reward per near is 0.00009900990099 because the number of seats didn't change but the stake it should be divided increased.

To fix this, we should be distributing rewards proportionally to the stake, incentivizing adding more security via larger stakes, even if validators want to maintain lower number of seats.

@ilblackdragon
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@bowenwang1996 is this fixed in #2117 ?

@bowenwang1996
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Yes

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A-chain Area: Chain, client & related P-high Priority: High
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