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Should EOS tokens sent to eosio.ramfee and eosio.names accounts in the future be allocated to REX?

rex4all by eosreferenda 12-May-2019 00:00:00 UTC

Poll status

13,880,370 EOS voted
YES= 98.6% YES NO= 1.4% NO

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Account
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  • 745 accounts
  • 4 days since poll started
  • 1% participation
  • 97% YES lead over NO

Question

Should future EOS tokens sent to eosio.ramfee and eosio.names accounts be allocated to REX?

Method

To do this, the Block Producers will have to set CHANNEL_RAM_AND_NAMEBID_FEES_TO_REX = 1 (https://github.com/EOSIO/eosio.contracts/blob/44d53447e04cb9fc32e1a73aacb7119511363a29/contracts/eosio.system/include/eosio.system/eosio.system.hpp#L23)

Background Information

The EOS Resource Exchange (REX) enables token holders to lend/borrow CPU and NET resources. One of the features of REX is that it can also distribute EOS fees paid into system accounts, eosio.ramfee and eosio.names, on top of the fees paid by those borrowing the resources.

  • eosio.ramfee account: This account holds the 0.5% fee paid for all RAM purchases and sales on EOS.
  • eosio.names account: This account holds all EOS paid for short names (e.g. ".eos") each day in the shortname auction

Original Announcement of REX from Dan Larimer: https://medium.com/@bytemaster/proposal-for-eos-resource-renting-rent-distribution-9afe8fb3883a

Additional notes

The addition of these funds would not increase inflation nor effect the 4% inflation allocated to the eosio.saving. The current funds in both accounts in question would not be touched, only future tokens that enter the accounts would be reallocated into REX.





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