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Burning TFT confusion #1018

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xmonader opened this issue Nov 4, 2024 · 5 comments
Closed

Burning TFT confusion #1018

xmonader opened this issue Nov 4, 2024 · 5 comments
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@xmonader
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xmonader commented Nov 4, 2024

We are supposed to burn 30% can someone provide exact details on the current status

@renauter
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renauter commented Nov 4, 2024

Not anymore since billing refactory #992 was included in TFChain 2.9.0 (spec version 152).
See associated issue #996 for new version of rewards distribution (no more burning).

Currently we have:

  • Mainnet: spec ver 151 (still burning)
  • Test/QA/Devnet: spec ver 153 (no more burning)

@renauter
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renauter commented Nov 4, 2024

Specific part of code that was removed:
#992 (comment)

@xmonader
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xmonader commented Nov 4, 2024

@scottyeager do you remember if we said no burning or not?

@scottyeager
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Removing burning is what was proposed and passed in the GEP:

https://forum.threefold.io/t/gep-minting-and-farming-rewards-updates-march-2024/4285

@xmonader
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xmonader commented Nov 4, 2024

Awesome thanks @scottyeager

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