Implements a % cap on staking rewards from era inflation (#1660)

This PR implements an (optional) cap of the era inflation that is
allocated to staking rewards. The remaining is minted directly into the
[`RewardRemainder`](https://github.com/paritytech/polkadot-sdk/blob/fb0fd3e62445eb2dee2b2456a0c8574d1ecdcc73/substrate/frame/staking/src/pallet/mod.rs#L160)
account, which is the treasury pot account in Polkadot and Kusama.

The staking pallet now has a percent storage item, `MaxStakersRewards`,
which defines the max percentage of the era inflation that should be
allocated to staking rewards. The remaining era inflation (i.e.
`remaining = max_era_payout - staking_payout.min(staking_payout *
MaxStakersRewards))` is minted directly into the treasury.

The `MaxStakersRewards` can be set by a privileged origin through the
`set_staking_configs` extrinsic.

**To finish**
- [x] run benchmarks for westend-runtime

Replaces https://github.com/paritytech/polkadot-sdk/pull/1483
Closes https://github.com/paritytech/polkadot-sdk/issues/403

---------

Co-authored-by: command-bot <>
This commit is contained in:
Gonçalo Pestana
2024-02-15 20:13:35 +01:00
committed by GitHub
parent 5fc7622cb3
commit fde44474e4
9 changed files with 427 additions and 300 deletions
+11 -3
View File
@@ -202,6 +202,12 @@
//! ```nocompile
//! remaining_payout = max_yearly_inflation * total_tokens / era_per_year - staker_payout
//! ```
//!
//! Note, however, that it is possible to set a cap on the total `staker_payout` for the era through
//! the `MaxStakersRewards` storage type. The `era_payout` implementor must ensure that the
//! `max_payout = remaining_payout + (staker_payout * max_stakers_rewards)`. The excess payout that
//! is not allocated for stakers is the era remaining reward.
//!
//! The remaining reward is send to the configurable end-point [`Config::RewardRemainder`].
//!
//! ### Reward Calculation
@@ -897,8 +903,10 @@ impl<Balance: Default> EraPayout<Balance> for () {
/// Adaptor to turn a `PiecewiseLinear` curve definition into an `EraPayout` impl, used for
/// backwards compatibility.
pub struct ConvertCurve<T>(sp_std::marker::PhantomData<T>);
impl<Balance: AtLeast32BitUnsigned + Clone, T: Get<&'static PiecewiseLinear<'static>>>
EraPayout<Balance> for ConvertCurve<T>
impl<Balance, T> EraPayout<Balance> for ConvertCurve<T>
where
Balance: AtLeast32BitUnsigned + Clone + Copy,
T: Get<&'static PiecewiseLinear<'static>>,
{
fn era_payout(
total_staked: Balance,
@@ -912,7 +920,7 @@ impl<Balance: AtLeast32BitUnsigned + Clone, T: Get<&'static PiecewiseLinear<'sta
// Duration of era; more than u64::MAX is rewarded as u64::MAX.
era_duration_millis,
);
let rest = max_payout.saturating_sub(validator_payout.clone());
let rest = max_payout.saturating_sub(validator_payout);
(validator_payout, rest)
}
}