From a872d78659ef3c1419f514d36c69992200f7e80f Mon Sep 17 00:00:00 2001 From: JACKAL Labs <96211463+JACKALDAO@users.noreply.github.com> Date: Fri, 28 Apr 2023 15:24:39 -0400 Subject: [PATCH] Update jklmint.md --- docs/protocol/modules/jklmint.md | 23 ++++++++++++++++++++--- 1 file changed, 20 insertions(+), 3 deletions(-) diff --git a/docs/protocol/modules/jklmint.md b/docs/protocol/modules/jklmint.md index 6e31a06..3138c26 100644 --- a/docs/protocol/modules/jklmint.md +++ b/docs/protocol/modules/jklmint.md @@ -1,9 +1,26 @@ --- sidebar_position: 2 --- -# jklmint Module -## jklmint -The Jackal Mint module is a replacement for the cosmos-sdk module: [Mint](https://github.com/cosmos/cosmos-sdk/blob/main/x/mint/spec/README.md). The key differences between this and the pre-existing minting module are that jklmint does not adjust inflation based on the rate of bonded tokens. At genesis, the jklmint module prints 10 JKL per block and distribute it to both the storage module and the default distribution module. +# JKLmint Module +The `jklmint` module is responsible for the management of the native JKL token within the Jackal Protocol. This module handles the issuance, distribution, and inflation of JKL tokens, ensuring a stable and secure token economy. + +## Overview + +The `jklmint` module manages the following aspects of the JKL token: + +1. **Token Issuance**: Determines the initial token supply and distribution. +2. **Inflation**: Manages the annual inflation rate, maintaining a consistent token supply growth. +3. **Rewards Distribution**: Handles the allocation of newly minted tokens as rewards for validators and delegators. + +### Parameters + +The `jklmint` module uses the following parameters to manage the JKL token economy: + +- `inflation_rate`: The annual percentage rate at which the token supply will grow. +- `inflation_min`: The minimum annual inflation rate allowed. +- `inflation_max`: The maximum annual inflation rate allowed. +- `goal_bonded`: The desired percentage of the total token supply that should be staked by validators and delegators. +- `blocks_per_year`: The estimated number of blocks produced in a year.