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Disable staking rewards (#70)

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Part of https://www.notion.so/Disable-staking-reward-1f2a6b22d47280c68d11ee179f5b894d
Staking rewards is disabled by performing the following
- Redirect all fee to community pool
- Increase threshold for accepting gov proposals so that it becomes difficult to spend funds from community pool

Reviewed-on: cerc-io/laconicd#70
Co-authored-by: Nabarun <nabarun@deepstacksoft.com>
Co-committed-by: Nabarun <nabarun@deepstacksoft.com>
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Nabarun 2025-05-13 12:35:15 +00:00 committed by nabarun
parent c14f1d3b00
commit f4cf8ac744
1 changed files with 10 additions and 0 deletions
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10
scripts/init.sh
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@ -94,6 +94,16 @@ if [ "$1" == "clean" ] || [ ! -d "$HOME/.laconicd/data" ]; then
# Set gas limit in genesis
update_genesis '.consensus["params"]["block"]["max_gas"]="10000000"'
# Set distribution community tax to 1 for disabling staking rewards
update_genesis '.app_state["distribution"]["params"]["community_tax"]="1.000000000000000000"'
echo "Setting high threshold for accepting governance proposal"
update_genesis '.app_state["gov"]["params"]["quorum"]="1.000000000000000000"'
# Set expedited threshold to 100%
update_genesis '.app_state["gov"]["params"]["expedited_threshold"]="1.000000000000000000"'
# Set normal threshold to 99% since it needs to be lesser than expedited threshold
update_genesis '.app_state["gov"]["params"]["threshold"]="0.990000000000000000"'
# disable produce empty block
if [[ "$OSTYPE" == "darwin"* ]]; then
sed -i '' 's/create_empty_blocks = true/create_empty_blocks = false/g' $HOME/.laconicd/config/config.toml