Search Apps Documentation Source Content File Folder Download Copy Actions Download State String Boolean Number Struct Map Slice Pointer Function Closure Reference Nil Package Type Interface Unknown

emission package

Overview

Package emission manages GNS token emission and distribution for GnoSwap.

The emission system controls creation and distribution of new GNS tokens with a deflationary model featuring periodic halvings over 12 years.

Emission Schedule:

  • Year 1-2: 100% emission rate (225,000,000 GNS/year)
  • Year 3-4: 50% emission rate (112,500,000 GNS/year)
  • Year 5-6: 25% emission rate (56,250,000 GNS/year)
  • Year 7-8: 12.5% emission rate (28,125,000 GNS/year)
  • Year 9-12: 6.25% emission rate (14,062,500 GNS/year)

Distribution Targets (configurable via governance):

  • LIQUIDITY_STAKER: Rewards for LP providers (default 75%)
  • DEVOPS: Development and operations fund (default 20%)
  • COMMUNITY_POOL: Community-governed treasury (default 5%)
  • GOV_STAKER: GNS staking rewards (default 0%)

Key Functions:

  • MintAndDistributeGns: Mints and distributes GNS per emission schedule
  • SetDistributionStartTime: One-time setup of emission start timestamp
  • ChangeDistributionPct: Updates distribution percentages
  • ClearDistributedToStaker/GovStaker: Resets pending distribution amounts

Function

SetDistributionStartTime

func SetDistributionStartTime(cur realm, startTimestamp int64)

SetDistributionStartTime sets the timestamp when emission distribution starts.

This function controls when GNS emission begins. Once set and reached, the protocol starts minting GNS tokens according to the emission schedule. The timestamp can only be set before distribution starts - it becomes immutable once active.

Parameters:

  • startTimestamp: Unix timestamp when emission should begin

Requirements:

  • Must be called before distribution starts (one-time setup)
  • Timestamp must be in the future
  • Cannot be negative

Effects:

  • Sets global distribution start time
  • Initializes GNS emission state if not already started
  • Emission begins automatically when timestamp is reached

Only callable by admin or governance.

Param

Command

# WARNING: This command is running in an INSECURE mode.
# It is strongly recommended to use a hardware device for signing
# and avoid trusting any computer connected to the internet,
# as your private keys could be exposed.

gnokey maketx call -pkgpath "gno.land/r/gnoswap/emission" -func "SetDistributionStartTime" -args $'' -gas-fee 1000000ugnot -gas-wanted 1_000_000_000 -send "" -chainid "topaz-1" -remote "https://rpc.topaz.testnets.gno.land" ADDRESSgnokey query -remote "https://rpc.topaz.testnets.gno.land" auth/accounts/ADDRESS
gnokey maketx call -pkgpath "gno.land/r/gnoswap/emission" -func "SetDistributionStartTime" -args $'' -gas-fee 1000000ugnot -gas-wanted 1_000_000_000 -send "" -broadcast=false ADDRESS > call.tx
gnokey sign -tx-path call.tx -chainid "topaz-1" -account-number ACCOUNTNUMBER -account-sequence SEQUENCENUMBER ADDRESS
gnokey broadcast -remote "https://rpc.topaz.testnets.gno.land" call.tx