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design: faucet for staking and fees #10022

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just-mitch opened this issue Nov 18, 2024 · 0 comments

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just-mitch commented Nov 18, 2024 •

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For the permissionless testnet, we want to provide:

sybil resistance against lots of people creating validators that are actually offline
rate limiting on the amount of work the network is asked to perform per unit of time

We thus want to design:

a way to control the supply of an ERC20 that protects us in the two cases above
an integration into the L1 contracts for two such implementations: one for staking, and the other for fee payment

We should be able to look at the design/implementation and determine:

the maximum rate that new validators can be added
the maximum rate of "work" per second that could be placed on the network

Issues regarding implementation will be filed once the design is finalized.

just-mitch assigned LHerskind

LHerskind changed the title ~~design: ERC20s for staking and fees~~ design: faucet for staking and fees

LHerskind mentioned this issue

feat: implement model in solidity #10099

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just-mitch mentioned this issue

Staking and Slashing AztecProtocol/engineering-designs#31

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