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
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Modify Governance Parameters

Modify Liquidation Parameters

Last modified 1yr ago

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

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

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