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Feature Gate: Reward full priority fee to validators #34731

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tao-stones opened this issue Jan 10, 2024 · 3 comments
Open

Feature Gate: Reward full priority fee to validators #34731

tao-stones opened this issue Jan 10, 2024 · 3 comments
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feature-gate Pull Request adds or modifies a runtime feature gate

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@tao-stones
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tao-stones commented Jan 10, 2024

SIMD

solana-foundation/solana-improvement-documents#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 tao-stones added the feature-gate Pull Request adds or modifies a runtime feature gate label Jan 10, 2024
@tao-stones
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Note: this feature gate should be scheduled/activated after #34982

@tao-stones
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Note: requires community vote to activate this feature gate.

@tao-stones
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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

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