54 lines
1.7 KiB
Go
54 lines
1.7 KiB
Go
package keeper
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import (
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sdk "github.com/cosmos/cosmos-sdk/types"
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"github.com/cosmos/cosmos-sdk/x/stake/types"
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)
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const (
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hrsPerYr = 8766 // as defined by a julian year of 365.25 days
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precision = 100000000000 // increased to this precision for accuracy
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)
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var hrsPerYrRat = sdk.NewRat(hrsPerYr)
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// process provisions for an hour period
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func (k Keeper) ProcessProvisions(ctx sdk.Context) types.Pool {
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pool := k.GetPool(ctx)
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pool.Inflation = k.NextInflation(ctx)
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provisions := pool.Inflation.Mul(sdk.NewRat(pool.TokenSupply())).Quo(hrsPerYrRat).Evaluate()
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// TODO add to the fees provisions
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pool.LooseTokens += provisions
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return pool
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}
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// get the next inflation rate for the hour
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func (k Keeper) NextInflation(ctx sdk.Context) (inflation sdk.Rat) {
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params := k.GetParams(ctx)
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pool := k.GetPool(ctx)
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// The target annual inflation rate is recalculated for each previsions cycle. The
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// inflation is also subject to a rate change (positive or negative) depending on
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// the distance from the desired ratio (67%). The maximum rate change possible is
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// defined to be 13% per year, however the annual inflation is capped as between
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// 7% and 20%.
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// (1 - bondedRatio/GoalBonded) * InflationRateChange
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inflationRateChangePerYear := sdk.OneRat().Sub(pool.BondedRatio().Quo(params.GoalBonded)).Mul(params.InflationRateChange)
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inflationRateChange := inflationRateChangePerYear.Quo(hrsPerYrRat)
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// increase the new annual inflation for this next cycle
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inflation = pool.Inflation.Add(inflationRateChange)
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if inflation.GT(params.InflationMax) {
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inflation = params.InflationMax
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}
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if inflation.LT(params.InflationMin) {
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inflation = params.InflationMin
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}
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return inflation.Round(precision)
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}
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