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Update x/community spec (#1764)
* Update x/community spec * Update reward details, remove old pool section * Reward parameters typoish Co-authored-by: Robert Pirtle <Astropirtle@gmail.com> --------- Co-authored-by: Robert Pirtle <Astropirtle@gmail.com>
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@ -6,8 +6,32 @@ order: 1
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## Community Pool
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The x/community module facilitates interactions with the community pool. In a future release, the community pool may be fully replaced by the x/community module account, but for now it is a place to keep things like proposals for interacting with the vanilla cosmos-sdk community pool (a portion of the auth fee pool held by the x/distribution module account).
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The x/community module contains the community pool funds and provides proposal
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handlers to manage community pool funds.
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### Funding
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The x/community module account can be funded by any account sending a community/FundCommunityPool message. These funds are not currently used for anything. The module account is also the transitory passthrough account for community pool funds that are deposited/withdrawn to lend via the CommunityPoolLendDepositProposal & CommunityPoolLendWithdrawProposal.
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The x/community module account can be funded by any account sending a
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community/FundCommunityPool message. These funds may be deposited/withdrawn to
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lend via the CommunityPoolLendDepositProposal &
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CommunityPoolLendWithdrawProposal.
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### Rewards
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Rewards payout behavior for staking depends on the module parameters, and will
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change based on the "switchover" time parameter `upgrade_time_disable_inflation`.
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If the current block is *before* the switchover time and the
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`staking_rewards_per_second` parameter is set to 0, no staking rewards will be
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paid from the `x/community` module and will continue to come from other modules
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such as `x/mint` and `x/distribution`.
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On the first block after the switchover time, the `staking_rewards_per_second`
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parameter is updated to reflect the parameter
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`upgrade_time_set_staking_rewards_per_second`, and staking rewards are paid out
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every block from the community pool, instead of from minted coins from `x/mint`
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and `x/kavadist`. The payout is calculated with the `staking_rewards_per_second`
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parameter.
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In addition to these payout changes, inflation in `x/mint` and `x/kavadist` is
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disabled after the switchover time.
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@ -4,4 +4,72 @@ order: 2
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# State
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The x/community module has no state.
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## Parameters and Genesis State
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`Params` define the module parameters, containing the information required to
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set the current staking rewards per second at a future date. When the
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`upgrade_time_disable_inflation` time is reached, `staking_rewards_per_second`
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will be set to `upgrade_time_set_staking_rewards_per_second`.
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```protobuf
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// Params defines the parameters of the community module.
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message Params {
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option (gogoproto.equal) = true;
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// upgrade_time_disable_inflation is the time at which to disable mint and kavadist module inflation.
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// If set to 0, inflation will be disabled from block 1.
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google.protobuf.Timestamp upgrade_time_disable_inflation = 1 [
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(gogoproto.stdtime) = true,
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(gogoproto.nullable) = false
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];
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// staking_rewards_per_second is the amount paid out to delegators each block from the community account
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string staking_rewards_per_second = 2 [
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(cosmos_proto.scalar) = "cosmos.Dec",
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(gogoproto.customtype) = "cosmossdk.io/math.LegacyDec",
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(gogoproto.nullable) = false
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];
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// upgrade_time_set_staking_rewards_per_second is the initial staking_rewards_per_second to set
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// and use when the disable inflation time is reached
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string upgrade_time_set_staking_rewards_per_second = 3 [
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(cosmos_proto.scalar) = "cosmos.Dec",
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(gogoproto.customtype) = "cosmossdk.io/math.LegacyDec",
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(gogoproto.nullable) = false
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];
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}
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```
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`GenesisState` defines the state that must be persisted when the blockchain
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stops/restarts in order for normal function of the module to resume. It contains
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the parameters and staking rewards state to keep track of payout between blocks.
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```protobuf
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// GenesisState defines the community module's genesis state.
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message GenesisState {
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// params defines all the paramaters related to commmunity
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Params params = 1 [(gogoproto.nullable) = false];
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// StakingRewardsState stores the internal staking reward data required to
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// track staking rewards across blocks
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StakingRewardsState staking_rewards_state = 2 [(gogoproto.nullable) = false];
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}
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// StakingRewardsState represents the state of staking reward accumulation between blocks.
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message StakingRewardsState {
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// last_accumulation_time represents the last block time which rewards where calculated and distributed.
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// This may be zero to signal accumulation should start on the next interval.
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google.protobuf.Timestamp last_accumulation_time = 1 [
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(gogoproto.stdtime) = true,
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(gogoproto.nullable) = false
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];
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// accumulated_truncation_error represents the sum of previous errors due to truncation on payout
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// This value will always be on the interval [0, 1).
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string last_truncation_error = 2 [
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(cosmos_proto.scalar) = "cosmos.Dec",
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(gogoproto.customtype) = "cosmossdk.io/math.LegacyDec",
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(gogoproto.nullable) = false
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];
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}
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```
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@ -6,12 +6,17 @@ order: 3
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## FundCommunityPool
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This message sends coins directly from the sender to the community module account.
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Send coins directly from the sender to the community module account.
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The transaction fails if the amount cannot be transferred from the sender to the community module account.
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```go
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func (k Keeper) FundCommunityPool(ctx sdk.Context, sender sdk.AccAddress, amount sdk.Coins) error {
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return k.bankKeeper.SendCoinsFromAccountToModule(ctx, sender, types.ModuleAccountName, amount)
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}
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```
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https://github.com/Kava-Labs/kava/blob/1d36429fe34cc5829d636d73b7c34751a925791b/proto/kava/community/v1beta1/tx.proto#L21-L30
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## UpdateParams
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Update module parameters via gov proposal.
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The transaction fails if the message is not submitted through a gov proposal.
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The message `authority` must be the x/gov module account address.
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https://github.com/Kava-Labs/kava/blob/1d36429fe34cc5829d636d73b7c34751a925791b/proto/kava/community/v1beta1/tx.proto#L35-L44
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@ -16,3 +16,38 @@ The community module emits the following events:
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| message | action | fund_community_pool |
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| message | sender | {senderAddress} |
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| message | amount | {amountCoins} |
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## Keeper events
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In addition to handlers events, the bank keeper will produce events when the
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following methods are called (or any method which ends up calling them)
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### CheckAndDisableMintAndKavaDistInflation
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```json
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{
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"type": "inflation_stop",
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"attributes": [
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{
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"key": "inflation_disable_time",
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"value": "{{RFC3339 formatted time inflation was disabled}}",
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"index": true
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}
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]
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}
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```
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### PayoutAccumulatedStakingRewards
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```json
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{
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"type": "staking_rewards_paid",
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"attributes": [
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{
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"key": "staking_reward_amount",
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"value": "{{sdk.Coins being paid to validators}}",
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"index": true
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}
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]
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}
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```
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13
x/community/spec/05_params.md
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13
x/community/spec/05_params.md
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@ -0,0 +1,13 @@
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<!--
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order: 5
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-->
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# Parameters
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The community module contains the following parameters:
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| Key | Type | Example |
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| ------------------------------------------- | ------------- | ---------------------- |
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| upgrade_time_disable_inflation | string (time) | "2023-11-01T00:00:00Z" |
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| staking_rewards_per_second | string | "744191" |
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| upgrade_time_set_staking_rewards_per_second | string | "0" |
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## Abstract
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`x/community` is an implementation of a Cosmos SDK Module that provides governance for the community pool of funds controlled by Kava DAO. The community pool is a subaccount of the fee pool held by the x/distribution module.
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`x/community` is an implementation of a Cosmos SDK Module that provides governance for the community pool of funds controlled by Kava DAO.
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