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Feature Gate: Reward full priority fee to validators

Open tao-stones opened this issue 1 year ago • 3 comments

SIMD

https://github.com/solana-foundation/solana-improvement-documents/pull/96

Description

Reward 100% of priority fee to validator.

The implementation of this proposal necessitates the use of a feature gate. Although there will be no alteration to the transaction submitter's payment structure, the software incorporating the proposal will allocate a greater portion of fees to the leader compared to other versions. Consequently, a feature gate is essential to ensure that all validators transition to the new functionality at the epoch boundary, thereby preserving consensus.

Feature ID

3opE3EzAKnUftUDURkzMgwpNgimBAypW1mNDYH4x4Zg7

Activation Method

Single Core Contributor

Deployment Considerations

Communicate ahead of activation, expecting fee collected increase. No changes to metrics/dashboard.

Minimum Beta Version

2.0.0

Minimum Stable Version

No response

Testnet Activation Epoch

No response

Devnet Activation Epoch

No response

Mainnet-Beta Activation Epoch

No response

tao-stones avatar Jan 10 '24 17:01 tao-stones

Note: this feature gate should be scheduled/activated after https://github.com/solana-labs/solana/issues/34982

tao-stones avatar Feb 23 '24 15:02 tao-stones

Note: requires community vote to activate this feature gate.

tao-stones avatar Apr 17 '24 15:04 tao-stones

Vote concluded at epoch 620 with 77.77% yes, therefore passed: https://forum.solana.com/t/proposal-for-enabling-the-reward-full-priority-fee-to-validator-on-solana-mainnet-beta/1456/98?u=tao-stones

YES  |   38.2500%  |    140886160475599194
      NO  |   10.9300%  |     40272078263044428
 ABSTAIN  |    1.9800%  |      7302549409816122

YES RATE  |   77.7696%  |                     0
 NO RATE  |   22.2303%  |                     0

    CAST  |   51.1700%  |    188460788148459744
  SUPPLY  |  100.0000%  |    368296676892441024

tao-stones avatar May 27 '24 22:05 tao-stones