ICON 2 - Reward Fund Allocation Proposal

The ICON Foundation submits this proposal in order to set the initial reward fund allocation proportion for IISS 3.1

  • prep: 13
  • cps: 10
  • relay: 0
  • voter: 77

https://tracker.icon.foundation/proposal/0x2d82b7c7ac882d63c3fc7c31df30262f9033e34edc52b4f22758de66131dce39

Feel free to discuss this and cast your vote when you’re ready. Thank you.

Currently global commission rate is around 12.7879%. With this change the prep rate changes to 13 and the voters fund is decreased to 77 to generate rewards for CPS. Is my understanding correct ?

Correct, but I believe the monthly inflation rate (in ICX) also decreased with ICON 2 - Monthly Reward Fund Setting Proposal