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emission package

Overview

Package emission manages GNS token emission and distribution for GnoSwap.

The emission system controls creation and distribution of new GNS tokens with a deflationary model featuring periodic halvings over 12 years.

Emission Schedule:

  • Year 1-2: 100% emission rate (225,000,000 GNS/year)
  • Year 3-4: 50% emission rate (112,500,000 GNS/year)
  • Year 5-6: 25% emission rate (56,250,000 GNS/year)
  • Year 7-8: 12.5% emission rate (28,125,000 GNS/year)
  • Year 9-12: 6.25% emission rate (14,062,500 GNS/year)

Distribution Targets (configurable via admin or governance):

  • LIQUIDITY_STAKER: Rewards for LP providers (default 75%)
  • DEVOPS: Development and operations fund (default 20%)
  • COMMUNITY_POOL: Community treasury (default 5%)
  • GOV_STAKER: GNS staking rewards (default 0%)

Key Functions:

  • MintAndDistributeGns: Mints and distributes GNS per emission schedule; returns false only when emission is halted.
  • SetDistributionStartTime: Sets or reschedules the start timestamp while it is still in the future; the timestamp is immutable once active.
  • ChangeDistributionPct: Updates distribution percentages
  • ClearDistributedToStaker/GovStaker: Resets pending distribution amounts

Function

GetDistributionBpsPct

func GetDistributionBpsPct(target int) (int64, error)

GetDistributionBpsPct returns the configured distribution percentage in basis points for a target.

Parameters:

  • target: distribution target constant whose configured share is queried.

Returns:

  • pct: configured target share in basis points (100 = 1%, 10000 = 100%).
  • error: nil when the target exists in the initialized map; otherwise an invalid-target error.

Param

Command

gnokey query vm/qeval -remote "http://127.0.0.1:26657" -data "gno.land/r/gnoswap/emission.GetDistributionBpsPct()"

Result