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Par Capacity Market

Below is an incomplete list of references to configurable variables of parameters (par) that are subject to voting via DAO Governance:

  • Minimum Channel Capacity: 500,000 sat
  • Maximum Channel Capacity: 16,000,000 sat
  • Fixed Royalty: 50 PL2
  • Capacity Fixed Reward Amount (LOC Channel Rewards): 50,000 PL2
  • Capacity Reward Percentage Amount (LOC Channel Rewards): 0.003% of Treasury HODL
  • User Channel Rewards Period: 6,500 blocks
  • Cancel Request Period for Inbound Capacity: 6,500 blocks
  • LT Exit Fee: 1%
  • Taker Fee: 0.5%
  • Maker Fee: 2.5%

As the experiment progresses and decentralized markets evolve, the effects of these parameters will become apparent. The variables may be changed initially through informal governance votes and later through formal governance votes to ensure operational stability and keep Plenny economically viable.