Schedule a Reward Boost Event

Bitcoin inflation reduces by half every 4 years(Called "the halvening"). In XVMC, the governing contract collects fees, penalties and a portion of inflation. Once a threshold of tokens has been collected inside the contract, users can schedule a "reward boost" event, which temporarily increases the rewards(APY%) for stakers. Once the event expires, the global inflation of the system is reduced and the collected penalties(threshold) of XVMC are burned.
TLDR: Period of boosted rewards(APYs) + token burn + global inflation reduces. Effectively inducing volatility and attracting interest.





Proposals: Scheduled Events

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Reward Boost(event) Threshold (Current: XVMC)

The threshold determines the frequency(how often) the events can be scheduled.





Proposals: Event Threshold

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There are currently no active proposals...
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