why is the AKR stated as, "Reduce AKR to 300%, or a 5-day reward rate of 1.9%, per the framework.?
According to my calculations, if rebases occurred 3 times per day, the two rates are not equivalent. For example, if 15 rebases would be 5 days at 3 per day, the rebase amount would be about .0012575 or 1.2575% and would equate to a 1.9% reward. It would though yield a AKR of 396%.
Just curious. Is it the lessor or greater of the two proposed rewards?
Crypto4theWin The rebases are not every 8 hours on polygon. They have been averaging around 7 hours so the number of rebases per 5 days is slightly higher at around 17
I will be against this one!
spidershad0w In general on-chain carbon market is expected to grow in the coming years but realistically I think it's impossible for us to state a reasonable timeline when we expect it to pick up in the short term, simply because the space is so nascent. Yes, this framework is structured such that we are conservative on the upside and reactive on the downside to ensure long-term sustainability. The reality is that 6 months worth of carbon market activity isn't sufficient data and we definitely need more of it as we build so that we can refine our framework. This is why the numbers in the proposal are stated as initial conditions.
KingArthur33 Thanks. I will rework my numbers.
