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Distribute 50% of utilization spending to farmers
We proposed and passed a GEP to start distributing 50% of utilization spending to the farmers whose nodes are hosting the workloads. Now we need to implement this.
The full proposed breakdown of utilization spending is as follows (versus the previous spec):
- 50% farmers
- 40% TF DMCC (foundation/treasury)
- 10% validator stakers
Therefore the following tasks are needed to make this so:
- [x] Eliminate the burning of TFT spent on utilization
- [x] Increase percentage sent to foundation account to 40%
- [x] Increase percentage sent to staking pool to 10%
- [x] Distribute 50% to farmers
The last item is the only piece requiring any significant changes. I'll leave it to the repo owners to fill in the details there.