Reward Boosting

As the game token does not have a limited supply, we needed a mechanism to burn the tokens in order to achieve stability in the economy.
By burning game tokens in GasEscrow, a user acquires a certain type of GAS which can be used to boost the rewards earned through guild mining.
Below is the formula for calculating the new stake, taking into account the effect of the boost. If a user burns enough game tokens, they will be able to boost their rewards up to a factor of 2.5.
bu∗=min(0.4bu+0.6SwiW,bu)b_u^* = min(0.4b_u + 0.6S \frac{w_i}{W}, b_u)bu∗​=min(0.4bu​+0.6SWwi​​,bu​)
​bu∗b_u^*bu∗​
= the resulting vote weight after adding the boost factor
bub_ubu​
= user's balance of veVRH in VotingEscrow
SSS
 = total veVRH of all users in a guild
wiw_iwi​
 = user's balance of Gas in GasEscrow
WWW
 = total Gas of all users in GasEscrow
Implementation Details
When a user deposits game tokens into GasEscrow, a certain type of GAS will be created and is completely burned in a period of 4 years. This process is irreversible, and the amount of GAS remaining will decrease as time passes. While burning GAS, the user can increase more game tokens into GasEscrow to maintain the 2.5 times boost.
​bu∗=min(0.4bu+0.6SwiW,bu)b_u^* = min(0.4b_u + 0.6S \frac{w_i}{W}, b_u)bu∗​=min(0.4bu​+0.6SWwi​​,bu​)
, bub_ubu​
 is the value of veVRH of a user and bu∗b_u^*bu∗​
is the mining working balance of the user, representing their allocation of the mineable VRH within their guild. wiw_iwi​
 is the user's current amount of GAS and SSS
 is the effective sum of veVRH of all members in a guild. The value of bu∗b^*_ubu∗​
 will change whenever a user execute _checkpoint, and the same value is applied until the user performs the next action. 
The user needs to call user_checkpoint manually when increase_amount, increase_unlock_time, create_gas, increase_gas.  The user_checkpoint will refresh working balance immediately. However, guild controller vote weight will take effect in the next epoch week.
If no users burn game tokens as GAS, then the newly minted VRH will be distributed proportionally to the amount of veVRH that a user owns. However, if a user burns enough GAS, then they will receive more newly minted VRH, slightly reducing the amount of mineable VRH for other users who did not burn any GAS.
Once the amount of a user's veVRH decreases by half of the original working balance or gas-burn expired, anyone in the guild can kick the user. This can be done by creating a checkpoint for the user and, essentially, resetting the user to no boost and slash the working balance at that point.
Guild
Reward Vesting VRH
Last modified 9mo ago