Inflation in Liquid Proof-of-Stake Models

William McKenzie
Jul 9 · 8 min read
Tezos Explainer: Liquid Proof-of-Stake

LPoS Under the Hood


Examining Invoicing


“Name Your Price”


A Developer’s Perspective on the Future of Invoicing

This depends a lot on what kind of proposal it is. Assuming that you’re referring to core protocol development (OCaml codebase, etc), the amount we request is based on how many people we require to work on what project (s). As a young team, we have learnt to budget better overtime, as e.g. there are a lot of significant costs that cannot be foreseen unless you went through them.

I’m assuming you’re referring to invoicing on-chain? In that case we have brainstormed with the help of some groups in the ecosystem (Nomadic, the TF, TQ, other collaborators) on a short, long term plan to eventually make core protocol engineering financing directly on-chain. At the moment we are gonna rely on attaching invoices with the proposals, probably with larger amounts than 100 XTZ with the purpose of experimenting with the process and getting some feedback and sentiment from the community. Invoices are just one way, there are many other interesting ideas for the mid-longer term: e.g. initiating community pools, token issuance, combination of invoices with other funding sources etc.


Conclusion

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William McKenzie

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Writer @Reactcrypto.net, Tezos Commons. Student. I write some things...

Tezos Commons

Updates and insights from the global Tezos community