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update economics

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Stefan Schießl 2018-08-09 10:53:53 +02:00 committed by GitHub
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@ -171,9 +171,13 @@ Adding a custom active authority means increased effort for the backend, and wit
- `install_custom_active_authority`: Normal accounts can only create custom active authoritites with a duration of maximum 1 year, LTM can do any duration. Two options come to mind: - `install_custom_active_authority`: Normal accounts can only create custom active authoritites with a duration of maximum 1 year, LTM can do any duration. Two options come to mind:
- A fixed high fee independent of authorities content - A fixed high fee independent of authorities content
- Tied to the duration and complexity of the custom active authority. Transaction fee is then `fee = flat_fee + basic_fee * duration` where `basic_fee` is calculated according to complexity (e.g. size of authority, number of restrictions and etc.). Fee is capped at 1 year for LTM. - Tied to the duration and complexity of the custom active authority. Transaction fee is then `fee = flat_fee + basic_fee * duration` where `basic_fee` is calculated according to complexity (e.g. size of authority, number of restrictions and etc.). Fee is capped at 1 year for LTM.
- `update_custom_active_authority`: Base fee similar to `account_update` plus dynamic one for any duration changes - `update_custom_active_authority`: Base fee similar to `account_update` plus dynamic one for any duration changes, no payback if duration in decreased.
- `delete_custom_active_authority`: Cheap similar to `limit_order_cancel` - `delete_custom_active_authority`: Cheap similar to `limit_order_cancel`
This logic forces the user to think about the desired duration and enforces to put it rather too short than too long.
If a custom active is expired, or considered to be too short, extending it is easily doable.
After expired, the custom active becomes disabled and can still be enabled again with a new period, paying the fee for that new period.
### Modification to the backend ### Modification to the backend
* Add a new index or extend the account object to store custom active permission are assigned to an account and contain a list of custom active authorities. Multiple custom active authority entries are possible for one operation * Add a new index or extend the account object to store custom active permission are assigned to an account and contain a list of custom active authorities. Multiple custom active authority entries are possible for one operation