Protocol Parameters

There are several Glow protocol parameters that can be modified by the Governance. The polls voting over these parameters will be activated after the first 6 months of Glow, following our progressive decentralization roadmap.

Glow Distributor Parameters

Modify Emission Rate Parameters

The dynamic Emission Rate Algorithm for depositor rewards is determined by several parameters which can be modified through governance:

• Emission Cap , which is the upper limit on GLOW token emissions per block.

• Emission Floor, which is the bottom limit on GLOW token emission per block.

• Increment Multiplier , which is the factor used to increment the current emission rate in case the current award is less than the Target Award

• Decrement Multiplier , which is the factor used to decrement the current emission rate in case the current award is less than the Target Award

Modify Target Award

The Target Award is the goalAward Availableper week. Since the depositor rewards are determined by the Emission Rate algorithm, the target award is used to set up the growth direction of rewards per block.

Governance Parameters

Modify Poll Quorum and Threshold

Modify Proposal Deposit

Modify Voting, Timelock and Expiration Periods

GEF Parameters

Modify Spend Limit

Each project funded by the Glow Ecosystem Fund (GEF) has a Limit Spend

In exceptional occasions of very large grants, the proceeds should be split into deliverables, conforming with the Limit Spend