MetaNova Verse Documentation
  • MetaNova Verse Introduction
    • Metanovaverse
    • Tokens
    • Transactions
    • Inflation
    • Keys
      • Keyring
      • Multisig
    • Gas Fees
    • Wallet and Accounts
      • Adding Metanovaverse to Metamask
      • Adding Metanovaverse to Keplr
      • Transfers Between Wallets
      • Backup
    • Deploying Smart Contracts
      • Remix
      • Hardhat
  • Metanovaverse Summary
  • The MNV Token
  • Governance
    • Proposals
      • Proposal Tips
      • Submit a Proposal
    • Community Pool
    • Chain Parameters
  • Technical Concepts
    • Architecture
    • Accounts
    • Chain ID
    • Encoding
    • Pending State
  • dApp Developers
    • Establishing Connections
    • Metanovaverse Clients
    • Guides
      • Wallet Integration
      • Smart Contract Incentive Registration
      • Tracing Transactions
      • Query Balances
    • Testnet
      • Testnet Commands
    • Ethereum JSON-RPC
      • JSON-RPC Server
      • Running the Server
      • Namespaces
      • JSON-RPC Methods
      • Events
  • Protocol Developers
    • Modules
      • auth
        • Concepts
        • State
        • AnteHandlers
        • Keepers
        • Vesting
        • Parameters
        • Client Auth
      • bank
        • State
        • Keepers
        • Messages
        • Events
        • Parameters
        • Client
      • crisis
        • State
        • Messages
        • Events
        • Parameters
        • Client
      • distribution
        • Concepts
        • State
        • Begin Block
        • Messages
        • Hooks
        • Events
        • Parameters
        • Client
      • epochs
        • Concepts
        • State
        • Events
        • Keepers
        • Hooks
        • Queries
        • Future Improvements
      • erc20
        • Concepts
        • State
        • State Transitions
        • Transactions
        • Hooks
        • Events
        • Parameters
        • Clients
      • evidence
        • Concepts
        • State
        • Messages
        • Events
        • Parameters
        • BeginBlock
        • Client
      • evm
        • Concepts
        • State
        • State Transitions
        • Transactions
        • ABCI
        • Hooks
        • Events
        • Parameters
        • Client
      • feemarket
        • Concepts
        • State
        • Begin block
        • End block
        • AnteHandlers
        • Keeper
        • Events
        • Client
        • Future Improvements
        • Parameters
      • feesplit
        • Concepts
        • State
        • State Transitions
        • Transactions
        • Hooks
        • Events
        • Parameters
        • Clients
        • Future Improvements
      • gov
        • Concepts
        • State
        • Messages
        • Events
        • Future Improvements
        • Parameters
        • Client
      • incentives
        • Concepts
        • State
        • State Transitions
        • Transactions
        • Hooks
        • Events
        • Parameters
        • Clients
      • ibc-core
      • inflation
        • Concepts
        • State
        • Hooks
        • Events
        • Parameters
        • Clients
      • slashing
        • Concepts
        • State
        • Messages
        • BeginBlock
        • Hooks
        • Events
        • Staking Tombstone
        • Parameters
        • CLI
      • staking
        • State
        • State Transitions
        • Messages
        • Begin-Block
        • End-Block
        • Hooks
        • Events
        • Parameters
        • Client
      • upgrade
        • Concepts
        • State
        • Events
        • Client
        • Resources
      • vesting
        • Concepts
        • State
        • State Transitions
        • Transactions
        • AnteHandlers
        • Events
        • Clients
  • Validators
    • Quick Start
    • Telemetry
    • Security
      • Tendermint KMS
      • Tendermint KMS + Ledger
      • Validator Security Checklist
      • Validator Backup
    • Snapshots, Archive Nodes
    • FAQ
  • Delegators
    • Staking Process
  • Tokenomics
  • Block Explorers
Powered by GitBook
On this page
  • incentives
  • Abstract
  1. Protocol Developers
  2. Modules

incentives

incentives

Abstract

This document specifies the internal x/incentives module of the Mnova Chain.

The x/incentives module is part of the Mnova tokenomics and aims to increase the growth of the network by distributing rewards to users who interact with incentivized smart contracts. The rewards drive users to interact with applications on Mnova and reinvest their rewards in more services in the network.

The usage incentives are taken from block reward emission (inflation) and are pooled up in the Incentives module account (escrow address). The incentives functionality is fully governed by native $MNV token holders who manage the registration of Incentives, so that native $MNV token holders decide which application should be part of the usage incentives. This governance functionality is implemented using the Cosmos-SDK gov module with custom proposal types for registering the incentives.

Users participate in incentives by submitting transactions to an incentivized contract. The module keeps a record of how much gas the participants spent on their transactions and stores these in gas meters. Based on their gas meters, participants in the incentive are rewarded in regular intervals (epochs).

PreviousClientNextConcepts

Last updated 5 months ago