Neo: dual token model enhancement

Created on 16 Mar 2020  路  5Comments  路  Source: neo-project/neo

However, the problem is that, the low demand of GAS makes GAS valueless, and easily been controlled in the market and exchanges by attackers. Currently there are not enough on-chain transactions which need a lot of GAS. Almost the only thing that a governance participant can to when it obtains a GAS is to sell it. Then, more want to sell it but less want to buy it. GAS becomes valueless. As a result, governance participants can not get enough reward if the price of GAS is too low.

In this article, solution will be proposed to solve the GAS dilemma.

https://github.com/vang1ong7ang/DualTokenModel


NOTICE

Such dual token model enhancement never introduce any real benefit or performance improvement to neo network. It is only a game to make GAS holders benefit more and make the value of GAS sustainable.


discussion

All 5 comments

Very delicate tokeneconoy module

Maybe let Caesar's be Caesar's, and god's be god's. GAS is just used as a payment token, NEO's gains come from the increased transaction volume. 馃ぃ

It makes no sense that introducing a complex mechanism into the system but not produced any practical value. In my opinion this is more like a trick.

@erikzhang one of the points @vang1ong7ang mentions is to incentive those who hold GAS. In fact, these are interesting things to consider.

We should improve the model in my opnion.
https://github.com/neo-project/neo/issues/1468

Lets merge the good points and move to a promissing model.

to incentive those who hold GAS.

1430 is going to incentive those who hold GAS.

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