RFC: Add a block reward and improve Collators cycle

[ImdioR]

Good day Pmensik
Thank you for your feedback and answer.
I will try to answer all questions that I can answer.

@pmensik

• Why is this not getting implemented on Altair first since it’s your canary network and the reward system is basically the same as on Centrifuge at the moment?

Altair already has Treasury Funded, so there isn’t any reason why Reward Block should be implemented on Altair.
What about Collator Cycle, as I already answered above :

K-Factory member could give you a much more explained answer tomorrow on the governance call or here on the forum.
I think that Centrifuge Team will first check these parameters on Altair and implement them on Centrifuge after.

But please wait for the answer from K/F member.

@pmensik

• 2500 AIR is currently around $20 which is definitely not enough to even cover the infra costs - thus we basically running the collator for free since the inception of the network

This proposal is regarding Collator Cycle and Block rewards.
But I think could be a good start for a separate topic on the forum where all Collators could discuss and explain their point of view and leave relevant feedback for the Team about the Collator Rewards.

@Ilhan , as Altair Collator and an Altair Councilor, could help you to create a separate topic and initiated the discussion regarding increasing rewards for Altair Collators.

@pmensik

As you mentioned other infra deployments - does that mean that community contributions like bootnodes or RPC nodes are welcomed in this stage of the project?

Any community member (Team member, external Developer, Influencer, Youtuber, Translator and etc.) is welcome. Following the actual CP Framework could propose a partnership, development, improvement and etc.
I’m not sure if Centrifuge required additional RPC/Bootnodes (please note i’m not Dev nor Team member), but you can always create a RFC-> CP proposal and get feedback from the Community and Team. .
The short answer is yes. You can create a proposal and in case your proposal will be accepted you can provide additional RPC, bootnodes, or whatever else.

@pmensik

• Are the collators going to get a portion of fees as well when they are enabled?

I don’t have the answer to this question.

@pmensik

also I second @Ilhan suggestion to make these parameters flexible and review them once in a while (although I hope that market-wise we won’t go much lower than this

We have now several parameters that could be changed:

• Burning rate
• Cost of fee
• Collator reward

If this proposal will be accepted we will be able also to change parameters like:

• Duration of epoch
• Inflation value
• Collator reward

So the answer is yes, these parameters are flexible and not fixed. They could be changed in the future ( and I think they should be changed because we would like to find the balance and trade-off).
P.S. I also hope that the market will not go much lower than the actual value.