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Implements maximum validator payout per era #1859

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gpestana
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@gpestana gpestana commented Oct 12, 2023

This PR implements an (optional) cap of the era inflation that is allocated to staking rewards. This mechanism can be used to guarantee a minimum treasury inflow as per this discussion.

The (percent) maximum validators payout can be set through SystemCall::set_storage.

Note: The storage parameter type in the runtime configs only sets the pre-set_storage default value. Once the value is set on-chain, the default will be a noop and not anymore a source of truth.

Todo (once merged)

  • update the fellowship runtimes accordingly (era_payout impl included)

Related to and possibly replacing #1660
Closes #403

@gpestana gpestana added the T1-FRAME This PR/Issue is related to core FRAME, the framework. label Oct 12, 2023
@gpestana gpestana self-assigned this Oct 12, 2023
@gpestana gpestana requested review from a team October 12, 2023 09:13
@gpestana gpestana requested a review from a team October 12, 2023 09:13
@gpestana gpestana marked this pull request as draft October 12, 2023 09:13
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The CI pipeline was cancelled due to failure one of the required jobs.
Job name: cargo-clippy
Logs: https://gitlab.parity.io/parity/mirrors/polkadot-sdk/-/jobs/3946274

@@ -352,7 +353,8 @@ impl pallet_staking::Config for Runtime {
type SlashDeferDuration = SlashDeferDuration;
type AdminOrigin = frame_system::EnsureNever<()>;
type SessionInterface = Self;
type EraPayout = pallet_staking::ConvertCurve<RewardCurve>;
type MaxValidatorsPayout = MaxValidatorsPayout;
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Suggested change
type MaxValidatorsPayout = MaxValidatorsPayout;

If you were to do this approach, I don't think there is any need to pass MaxValidatorsPayout to the staking pallet. Whatever cap is needed, should already be applied to RewardCurve or whatever type is implementing type EraPayout.

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A bit wrong because of https://github.com/paritytech/polkadot-sdk/pull/1859/files#r1382983349, but in any case we probably won't need it.

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gpestana commented Nov 6, 2023

Closing due to #403 (comment)

@gpestana gpestana closed this Nov 6, 2023
serban300 pushed a commit to serban300/polkadot-sdk that referenced this pull request Mar 26, 2024
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serban300 pushed a commit to serban300/polkadot-sdk that referenced this pull request Apr 9, 2024
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serban300 pushed a commit to serban300/polkadot-sdk that referenced this pull request Apr 9, 2024
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serban300 pushed a commit to serban300/polkadot-sdk that referenced this pull request Apr 9, 2024
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[NPoS] Mint fixed portion of inflation directly into the treasury
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