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zeekay
4a753bb639
Restructured from flat .tex/.pdf files into per-paper subdirectories. Added Antje Worring as co-author on all papers. Synced PDFs to pdfs/ for download site.
78 lines
2.0 KiB
TeX
78 lines
2.0 KiB
TeX
\section{Economic Model and Incentives}
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\subsection{Reward Structure}
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\textbf{Per-Signature Rewards:}
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\begin{align}
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\text{Reward per signer} &= \frac{\text{rewardPerSig}}{t} \\
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&= \frac{0.5 \text{ LUX}}{15} \approx 0.033 \text{ LUX per swap}
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\end{align}
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\textbf{Daily Revenue (10,000 swaps):}
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\begin{align}
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\text{Daily earnings} &= 10{,}000 \times 0.033 \text{ LUX} \\
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&\approx 333 \text{ LUX per signer} \\
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&\approx \$10{,}000 \text{ per month at } \$1 \text{ LUX}
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\end{align}
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\subsection{Slashing Conditions}
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\begin{table}[h]
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\centering
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\begin{tabular}{@{}lll@{}}
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\toprule
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\textbf{Violation} & \textbf{Evidence} & \textbf{Penalty} \\
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\midrule
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Missed deadline & Swap expired unsigned & 20\% stake \\
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Double signing & Two conflicting sigs & 100\% stake \\
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Invalid signature & Verification fails & 75\% stake \\
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Extended downtime & 99\%+ missed swaps & 25\% stake \\
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\bottomrule
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\end{tabular}
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\label{tab:slashing}
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\end{table}
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\begin{algorithmic}[1]
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\State \textbf{function} \textsc{CheckSlashing}($swapID, state$)
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\State $swap \gets state.Swaps[swapID]$
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\If{$\text{CurrentTime}() > swap.Deadline + \text{GraceBlocks}$}
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\If{$swap.State = \texttt{PENDING}$}
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\State $signers \gets state.ActiveSigners[swap.Asset]$
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\For{each $signer \in signers$}
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\State $penalty \gets signer.Stake \times 0.20$
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\State $signer.Stake \gets signer.Stake - penalty$
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\State $\text{Burn}(penalty \times 0.50)$
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\State $\text{Reward}(reporter, penalty \times 0.50)$
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\State Emit \texttt{SignerSlashed}$(signer, swapID, penalty)$
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\EndFor
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\EndIf
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\EndIf
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\State \textbf{end function}
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\end{algorithmic}
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\subsection{Fee Distribution}
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\begin{table}[h]
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\centering
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\begin{tabular}{@{}ll@{}}
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\toprule
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\textbf{Recipient} & \textbf{Percentage} \\
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\midrule
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MPC Signers & 60\% \\
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DAO Treasury & 40\% \\
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\midrule
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\textbf{Slashing Penalties:} & \\
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Burned & 50\% \\
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Reporter Reward & 50\% \\
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\bottomrule
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\end{tabular}
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\label{tab:fee-dist}
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\end{table}
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