Future mining incentives in different pools and chains (BSC)

As previously discussed on this post, some options are proposed for the halving of FNX incentives in the future. But before deployment on snapshot for voting, another important topic that needs to be discussed is how shall we deal with the new pools or new chains integration in the future like BSC, which has just been passed by the community voting yesterday.

Here is the plan for discussion.

  • Incentives on new pools or new chains shall not undermine the current live pools’ incentives;
  • Initial new incentives shall be granted for the new pools or new chains from the community reserves by community voting;
  • There can be a trial period for the new pools to attract enough liquidity, e.g. 2 months
  • The new pool’s incentive shall apply a similar halving plan as previously discussed and to be decided by community voting;
  • After the trial period, the new pool’s incentives (the basic mining incentives) will be merged with the ‘old pools’ incentives. And the distribution of the mining incentives as the respective basic mining incentives in different pools will be adjusted according to the TVLs.
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