Modify NEP Parameters

The Modify NEP Parameters poll enables users to submit governance polls that adjust parameter values that affect the NEPRI Token for Lucra (NEP).

Epoch Period is the the minimum time delay required between subsidization events, which handle reward claiming of lAsset collaterals, direct deposit rate subsidization, and readjusting the NEP emission rate based on the current deposit rate.

The NEP Purchase Factor determines the portion of lAsset rewards and collateral liquidation fees (bid fee) that is used to purchase NEP tokens.

Reserve Factor is the commission rate applied to deposit interest that is used to purchase NEP tokens.

Staking Reward Factor defines the portion of purchase NEP tokens that are distributed as staking rewards to stakers of NEP.

Parameter Name	Description
Epoch Period	Minimum time between operations for lAsset reward collection, deposit rate subsidization, and NEP emission rate adjustment
NEP Purchase Factor	Portion of lAsset rewards and collateral liquidation fees (bid fee) used to purchase NEP
Reserve Factor	Rate of deposit interest commission used to purchase NEP
Staking Reward Factor	Portion of purchased NEP distributed as staking rewards to NEP stakers

Genesis Values

Parameter Name	Value
Epoch Period	2 hours
NEP Purchase Factor	15%
Reserve Factor	0%
Staking Reward Factor	100%

Poll Format

Field	Description	Optionality
Title	Poll title	Required
Proposal Rationale	Short description of poll rationale	Required
Information Link	External URL for further information	Optional
Epoch Period	Proposed minimum time between operations for lAsset reward collection, deposit rate subsidization, and NEP emission rate adjustment	Optional
NEP Purchase Factor	Proposed portion of lAsset rewards and collateral liquidation fees (bid fee) used to purchase NEP	Optional
Reserve Factor	Proposed commission on deposit interest used to purchase NEP	Optional
Staking Reward Factor	Proposed portion of purchased NEP distributed as staking rewards to NEP stakers	Optional