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Description
[Enhancement] Implement Telos Voting System Improvements
🔄 Description
Implement three key changes to the Telos voting system to improve decentralization and BP incentives: decay mechanism, tiered BP pay, and self-stake boost.
📋 Key Features
- Implement vote decay multiplier for both EVM and native chains
- Create tiered BP payment structure replacing the current 2-tier system
- Add self-stake boost to incentivize BP skin-in-the-game
🧠 Tasks
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Vote Decay Implementation
- Add decay multiplier to native sys contracts before deployment - there's already code for this, it was removed. It needs to be reviewed. We want to make it configurable so decay should be stored in a table.
- Implement as multiplier against new votes (not reducing old vote weight)
- Add to native side with configurable multiplier (default to 1)
- There is another value: amount that the decay value will increase over a time period
- This needs to be replicated on EVM so implementation on native should be compatible with evm implementation
- Create action to sync EVM decay multiplier with native chain
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Tiered BP Pay Structure
- Replace current 2-tier system (1-21 full pay, 22-42 half pay)
- Implement hardcoded list of 42 pay multipliers
- Modify "to_producers" amount distribution logic
- Reuse existing "shares" logic where applicable
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Self-Stake Boost
- Implement check for BP's stake to itself (rex or regular stake)
- Apply self-stake multiplier (likely 10x) to BP's own votes
- Apply boost after standard vote calculation but before decay multiplier
- Ensure compatibility with existing DPOS voting mechanism
🔍 Technical Details
- Decay is implemented as a multiplier against new votes only
- BP pay uses 42 different payment tiers rather than formula-based calculation
- Self-stake boost adds (BP's stake × multiplier) to their vote weight
⏱️ Timeline
- Decay mechanism: Future proposal
- Self-stake and tiered pay: Include in current planned updates
- Consolidate all changes into single upgrade/testing/audit cycle
🔗 References
- Telos governance proposal (link TBD)
- Current EOSIO voting mechanism documentation
- https://github.com/guilledk/telos.contracts/blob/3df658aa44b2cf169064489b4563043112affd43/contracts/telos.gpu/include/telos.gpu/utils.hpp#L19
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