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explicit mint and burn of H

explicit mint and burn of H

Updated Nov 8, 20251 min read

  • cip
  • currently bostrom mint $H on every staking operation automatically
  • burn happens also automatically when neuron during unstake operation
  • that fact create serious confusion for avatars
  • and blur the line between staking and staking loans
  • however these systems must be completely independent
  • to overcome this lets add two explicit methods in protocol
    • mint fuel: mint $H, increase frozen $BOOT
    • burn fuel: burn $H, decrease frozen $BOOT
  • by doing so we gain atomic functional unit for value extraction
  • we suggest to add new token to simplify implementation: $STL
  • $STL is short for staking loan position
  • suggested that STL</a>willbemintedautomaticallythesamewaycurrent<ahref="H” class=“internal” data-slug=“h">H is minted
  • in order to remove complexity and free margin trade $STL must be non transferable
  • fixed fee on H burn discussing extension of this idea

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Backlinks

  • automatic fuel
  • cips
  • ☀️ energy reform
  • fixed fee on H burn
  • high margin

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