Token design
Last updated
Last updated
HUMAN-RP offers governance and staking rights to holders of HMT. Whoever locks up their HMT earns the right to vote on certain aspects of the routing protocol and. Lock-ups also protect against flash loan governance attacks (both minimum lock-up time and unstaking fees can deter this behavior). Locked up tokens could also grant lower gas fees or collateral conversion costs. Lastly, a discount mechanism may be introduced to reduce fees if paid in HMT instead of other collateral. ā By adding the routing protocol separate from the execution protocol and limiting governance to the routing protocol, the network is kept flexible to enhance execution (e.g. for changes in fees/pricing).