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smt-whitepaper
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544dca9e
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544dca9e
authored
6 years ago
by
Steve Gerbino
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Update regarding the implementation of SMT token emissions, aka inflation
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smt-manual/manual.md
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@@ -1197,9 +1197,9 @@ multi-signature secured account comprised of several founders.
In addition, several special targets are possible representing trustless
functions provided by the blockchain itself:
-
Rewards.
A special destination representing the token
'
s posting / voting rewards.
-
Vesting.
A special destination representing the tokens backing vested tokens.
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Rewards. A special destination representing the tokens posting / voting rewards.
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Vesting. A special destination representing the tokens backing vested tokens.
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Market Maker. A special destination to pre-seed the market maker with tokens.
#### Event sequences
Traditionally blockchains compute inflation on a per-block basis, as block
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@@ -1360,12 +1360,17 @@ else
#### Inflation operations
Inflation operations must be created in chronological order.
Inflation operation timespans must not overlap.
The inflation operation is specified as follows:
```
struct smt_setup_inflation_operation
{
account_name_type control_account;
asset_symbol_type asset_symbol;
timestamp schedule_time;
smt_inflation_unit inflation_unit;
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