From 615d2c7635e0e08718147eca86cdc1ab94ad3768 Mon Sep 17 00:00:00 2001 From: Filippo Date: Wed, 13 Nov 2024 16:31:48 +0100 Subject: [PATCH] edits --- docs/general/faq.md | 9 ++++----- docs/learn/learn-polkadot-opengov-treasury.md | 7 +------ docs/learn/learn-staking.md | 17 ++--------------- 3 files changed, 7 insertions(+), 26 deletions(-) diff --git a/docs/general/faq.md b/docs/general/faq.md index 6963fb4ee386..202946db0927 100644 --- a/docs/general/faq.md +++ b/docs/general/faq.md @@ -212,12 +212,11 @@ ten billion) Plancks, meaning that the new DOT was valued at ten decimal places. ### What is the inflation rate of the DOT? -The inflation rate is approximately 10% per year. +The inflation rate is approximately 120,000,000 DOT per year. -A portion of the inflation is rewarded to validators for performing their duties, while another -portion may go directly to the treasury. The exact percentage that goes into both varies and is -based on the amount of DOT that are staked. Please see the article on -[inflation](../learn/learn-staking.md/#inflation) for more information. +The 85% of inflation is rewarded to validators for performing their duties, while the 15% goes to +the treasury. Please see the article on [inflation](../learn/learn-staking.md/#inflation) for more +information. ### Why can't crowdloaned DOT be staked? diff --git a/docs/learn/learn-polkadot-opengov-treasury.md b/docs/learn/learn-polkadot-opengov-treasury.md index fee90033cb51..96d26faec8e0 100644 --- a/docs/learn/learn-polkadot-opengov-treasury.md +++ b/docs/learn/learn-polkadot-opengov-treasury.md @@ -27,12 +27,7 @@ mechanisms: - **Transaction fees:** 80% of the transaction fees of every submitted extrinsic is diverted to the Treasury, while 20% is given to the block producers. -- **Staking inefficiencies:** the network knows an exogenously determined parameter called ideal - staking rate. The APY for stakers (nominators & validators) decreases whenever the actual staking - rate is not equal to the ideal staking rate. To keep inflation constant at 10%, the system does - not creates less tokens, rather some share of the overall reward for stakers is diverted to the - Treasury (more information - [here](https://research.web3.foundation/Polkadot/overview/token-economics)). +- **Inflation:** 15% of DOT annual inflation is directed to the Treasury. - **Slashes:** whenever validators and nominators are [slashed](./learn-offenses.md), a share of the slashed tokens are diverted to Treasury. They are typically rare and unpredictable events. - **Transfers:** everyone can send funds to the Treasury directly. This is a rare event and diff --git a/docs/learn/learn-staking.md b/docs/learn/learn-staking.md index 044f98d8cf08..fa1696972b24 100644 --- a/docs/learn/learn-staking.md +++ b/docs/learn/learn-staking.md @@ -452,21 +452,8 @@ automatically check if you qualify. For more information, visit the - Can choose [multiple validators](../general/chain-state-values.md#maximum-votes-per-nominator) which can help to decentralize the network through the sophisticated [NPoS system](learn-consensus.md/#nominated-proof-of-stake) -- 10% inflation/year of the tokens is primarily intended for staking rewards. - -When the system staking rate matches with the ideal staking rate, the entire inflation of the -network is given away as the staking rewards. - -The ideal staking rate is a dynamic value - as the number of active parachains influences the -available liquidity that is available to secure the network. - -Any divergence from the ideal staking rate will result in the distribution of a proportion of the -newly minted tokens through inflation to go to the treasury. Keep in mind that when the system's -staking rate is lower than the ideal staking rate, the annual nominal return rate will be higher, -encouraging more users to use their tokens for staking. On the contrary, when the system staking -rate is higher than the ideal staking rate, the annual nominal return will be less, encouraging some -users to withdraw. For in-depth understanding, check the -[inflation](learn-staking-advanced.md#inflation) section on the Wiki. +- 85% of inflation/year of the tokens is primarily intended for staking rewards. Check the + [inflation](learn-staking-advanced.md#inflation) section on the Wiki for more information. ### Cons of Staking