Routing Protocol Tokenomics
  • Introduction
  • Status
  • Premise
  • Token design
  • Proposition for a governance minimization model
  • Liquidity provision /market making
  • Alternate Conviction voting model
  • Voting model
  • The HUMAN-RP Magistrate
  • Voting process
  • Security
  • Policies
  • Slashing and Soft-freezing
  • Staking for tool vendors
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Token design

PreviousPremiseNextProposition for a governance minimization model

Last updated 2 years ago

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 (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. ‍ 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).

governance attacks