Editing Debate on Kulupu emission curve

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#REDIRECT [[kulupu:Debate on emission curve]]
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[[Category:Kulupu]]
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{{#seo:
 +
| title = Debate on Kulupu emission curve
 +
| description = Options and debate on Kulupu emission curve.
 +
}} {{Kulupu infobox}}
 +
 
 +
This documents the various debate on Kulupu emission curve.
 +
 
 +
==Status quo==
 +
 
 +
Keep the current emission of 60 KLP per block (1 KLP per second), but still retain the ability to discuss other emission curve options later.
 +
 
 +
*{{Argument}} Kulupu needs border token distributions.
 +
*{{Argument}} Infinite supply is a model that works for coins such as Ethereum and Grin.
 +
*{{Objection}} Investors don't like to work with infinity in the equation, and a lot of people are currently frightened away from Kulupu, because of unclear total supply.
 +
 
 +
==Supply cap of 210 million==
 +
 
 +
Block reduction over a span of 20 years. Each of the next block reward is 90% of the previous one, rounded to the nearest integer. This results in a effective total supply of 210 million.
 +
 
 +
{| class="wikitable"
 +
!Year
 +
!Reward
 +
!Block count
 +
!Start block number
 +
!Reward
 +
!Block usage
 +
!Block fee burn
 +
!Total burn
 +
|-
 +
|1
 +
|60
 +
|520000
 +
|0 (era 0)
 +
|31200000
 +
|1/10
 +
|1.6
 +
|832000
 +
|-
 +
|2
 +
|54
 +
|520000
 +
|200000 (era 1)
 +
|28080000
 +
|1/9
 +
|1.7
 +
|884000
 +
|-
 +
|3
 +
|49
 +
|520000
 +
|720000
 +
|25480000
 +
|1/8
 +
|2
 +
|1040000
 +
|-
 +
|4
 +
|44
 +
|520000
 +
|1240000
 +
|22880000
 +
|1/7
 +
|2.3
 +
|1196000
 +
|-
 +
|5
 +
|39
 +
|520000
 +
|1760000
 +
|20280000
 +
|1/6
 +
|2.7
 +
|1404000
 +
|-
 +
|6
 +
|35
 +
|520000
 +
|2280000
 +
|18200000
 +
|1/5
 +
|3.2
 +
|1664000
 +
|-
 +
|7
 +
|32
 +
|520000
 +
|3320000
 +
|16640000
 +
|1/4
 +
|4
 +
|2080000
 +
|-
 +
|8
 +
|29
 +
|520000
 +
|3840000
 +
|15080000
 +
|1/3
 +
|5.3
 +
|2758000
 +
|-
 +
|9
 +
|26
 +
|520000
 +
|4360000
 +
|13520000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|10
 +
|23
 +
|520000
 +
|4880000
 +
|11960000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|11
 +
|21
 +
|520000
 +
|5400000
 +
|10920000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|12
 +
|19
 +
|520000
 +
|5920000
 +
|9880000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|13
 +
|17
 +
|520000
 +
|6440000
 +
|8840000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|14
 +
|15
 +
|520000
 +
|6960000
 +
|7800000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|15
 +
|14
 +
|520000
 +
|7480000
 +
|7280000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|16
 +
|12
 +
|520000
 +
|8000000
 +
|6240000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|17
 +
|11
 +
|520000
 +
|8520000
 +
|5720000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|18
 +
|10
 +
|520000
 +
|9040000
 +
|5200000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|19
 +
|9
 +
|520000
 +
|9560000
 +
|4680000
 +
|1/2
 +
|8
 +
|4160000
 +
|-
 +
|20
 +
|8
 +
|520000
 +
|10080000
 +
|4160000
 +
|1/2
 +
|8
 +
|4160000
 +
|}
 +
 
 +
*{{Argument}} Kulupu needs border token distributions.
 +
*{{Objection}} The current investment will still be diluted by a lot, as the current supply is only 27 million.
 +
 
 +
==Supply cap of 100 million==
 +
 
 +
Block reduction over a span of 7 years. This results in an effective total supply of around 100 million.
 +
 
 +
{| class="wikitable"
 +
!Year
 +
!Reward
 +
!Block count
 +
!Start block number
 +
!Reward
 +
!Block usage
 +
!Block fee burn
 +
!Total burn
 +
|-
 +
|1
 +
|60
 +
|520000
 +
|0 (era 0)
 +
|31200000
 +
|1/10
 +
|1.6
 +
|832000
 +
|-
 +
|2
 +
|50
 +
|520000
 +
|200000 (era 1)
 +
|26000000
 +
|1/9
 +
|1.7
 +
|884000
 +
|-
 +
|3
 +
|40
 +
|520000
 +
|720000
 +
|20800000
 +
|1/8
 +
|2
 +
|1040000
 +
|-
 +
|4
 +
|30
 +
|520000
 +
|1240000
 +
|15600000
 +
|1/7
 +
|2.3
 +
|1196000
 +
|-
 +
|5
 +
|20
 +
|520000
 +
|1760000
 +
|10400000
 +
|1/6
 +
|2.7
 +
|1404000
 +
|-
 +
|6
 +
|10
 +
|520000
 +
|2280000
 +
|5200000
 +
|1/5
 +
|3.2
 +
|1664000
 +
|-
 +
|7
 +
|8
 +
|520000
 +
|3320000
 +
|4160000
 +
|1/4
 +
|4
 +
|2080000
 +
|}
 +
 
 +
*{{Argument}} It gives investors more confidence as the total supply is not diluted.
 +
*{{Objection}} With this particular table, in later stage the reduction is too high. For example, in the first year the reduction (from 60 KLP to 50 KLP) is less than 20%, while in the fifth year the reduction (from 20 KLP to 10 KLP) is 50%.
 +
 
 +
==Supply cap of 150 million==
 +
This is a middle ground of the previous two proposals. Slow reduction by 5KLP every epoch until tail emission of 8KLP is reached after 11 years of mining. 7% Treasury, accounted for burn.
 +
{| class="wikitable"
 +
!Period  (520000)
 +
!Reward
 +
!Blocks/period
 +
!End block
 +
!Treasury (7%)
 +
!Emission/period
 +
!Treasury/period
 +
!Emission total
 +
!Treasury total
 +
!Fee burn
 +
!Total burn
 +
|-
 +
|1
 +
|60
 +
|520000
 +
|200000
 +
|
 +
|31200000
 +
|0
 +
|31200000
 +
|0
 +
|1.6
 +
|832000
 +
|-
 +
|2
 +
|55
 +
|520000
 +
|720000
 +
|7.9
 +
|28600000
 +
|2860000
 +
|59800000
 +
|2860000
 +
|1.7
 +
|884000
 +
|-
 +
|3
 +
|50
 +
|520000
 +
|1240000
 +
|7.1
 +
|26000000
 +
|2600000
 +
|85800000
 +
|5460000
 +
|2.0
 +
|1040000
 +
|-
 +
|4
 +
|45
 +
|520000
 +
|1760000
 +
|6.4
 +
|23400000
 +
|2340000
 +
|109200000
 +
|7800000
 +
|2.3
 +
|1196000
 +
|-
 +
|5
 +
|40
 +
|520000
 +
|2280000
 +
|5.7
 +
|20800000
 +
|2080000
 +
|130000000
 +
|9880000
 +
|2.7
 +
|1404000
 +
|-
 +
|6
 +
|35
 +
|520000
 +
|2800000
 +
|5.0
 +
|18200000
 +
|1820000
 +
|148200000
 +
|11700000
 +
|3.2
 +
|1664000
 +
|-
 +
|7
 +
|30
 +
|520000
 +
|3320000
 +
|4.3
 +
|15600000
 +
|1560000
 +
|163800000
 +
|13260000
 +
|5.3
 +
|2756000
 +
|-
 +
|8
 +
|25
 +
|520000
 +
|3840000
 +
|3.6
 +
|13000000
 +
|1300000
 +
|176800000
 +
|14560000
 +
|8.0
 +
|4160000
 +
|-
 +
|9
 +
|20
 +
|520000
 +
|4360000
 +
|2.9
 +
|10400000
 +
|1040000
 +
|187200000
 +
|15600000
 +
|8.0
 +
|4160000
 +
|-
 +
|10
 +
|15
 +
|520000
 +
|4880000
 +
|2.1
 +
|7800000
 +
|780000
 +
|187980000
 +
|16380000
 +
|8.0
 +
|4160000
 +
|-
 +
|11
 +
|10
 +
|520000
 +
|4880000
 +
|1.4
 +
|5200000
 +
|520000
 +
|188500000
 +
|16900000
 +
|8.0
 +
|4160000
 +
|-
 +
|12
 +
|8
 +
|520000
 +
|4880000
 +
|1.1
 +
|4160000
 +
|416000
 +
|188916000
 +
|17316000
 +
|8.0
 +
|4160000
 +
|-
 +
|Tail emission
 +
|
 +
|
 +
|
 +
|
 +
|
 +
|'''Max total'''
 +
|'''158340000'''
 +
|
 +
|
 +
|30576000
 +
|}
 +
 
 +
*{{Argument}}
 +
*{{Objection}} The reduction is still not evenly distributed. For example, in the first year the reduction (from 60 KLP to 55 KLP) is around 9%, while in the 11th year the reduction (from 15 KLP to 10 KLP) is around 33%.

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