Hard fork of WAVES happened at block 3720000 and the Feature19 gets activated.
So, here’s what feature 19 means for the block reward of 6 WAVES:
1/3 (equivalent to 2 WAVES) goes to the WAVES DAO Treasury.
1/3 (equivalent to 2 WAVES) is used for the XTN buyback.
1/3 (equivalent to 2 WAVES) remains with the node.
In exchange for the 2 WAVES sent to WAVES DAO, the node will receive the equivalent in WAVESDAO LP Tokens, which they can explicitly request and share with their stackers, WAVESDAO LP tokens can be sold straight away through Puzzle or or wx.network or can be held and then sold later them on WAVES DAO.
The 2 WAVES allocated for the buyback will be used to purchase XTN from the WAVES/XTN pool on wx.network. The acquired XTN will then be burned.
Two other features (20 and 21) are currently under voting.
Feature 20 puts a cap on block reward sharding, meaning the block won’t be split following the 1/3 fraction anymore. Instead, 2 fixed WAVES will be dedicated to the buyback, and 2 fixed WAVES will go into the WAVES DAO treasury, while the rest will be allocated to the node and its stackers. Additionally, it shortens the voting period for modifying the block reward (and thus WAVES inflation) from 100000 blocks to 50000 blocks. This is important as it allows nodes to decide on increasing the block reward to restore WAVES block reward allocated to nodes and stackers to 4 or even 6 WAVES.
On the other hand, feature 21 empowers miners to decide whether to cancel the XTN buyback (if it’s deemed ineffective). In this case, the 2 WAVES designated for the buyback will be returned to the nodes and their stackers.
The Weekly Reward Number 323 has been payed.
OBSERVATION: This is the first week that we started to pay the token WAVESDLP.
Nodes start to receive this token from the block 3720000 for every block forged. wavesfullnode.com will distribute every week a 95% of all WAVESDLP received to his lessors.
Many thanks to all and have a nice week!!
The Weekly Reward Number 327 has been payed.Many thanks to all and have a nice week!!
Note: Next 2 weeks there will be no WAVESDLP distribution because WavesDAO is calculating the KPI. Distribution will start after new WavesDAO epoch start.
The Weekly Reward Number 328 has been payed.Many thanks to all and have a nice week!!
Note: Next week there will be no WAVESDLP distribution because WavesDAO is calculating the KPI. Distribution will start after new WavesDAO epoch start.