diff --git a/site/economics.html b/site/economics.html index 1018b4af5..dc4d25a5c 100644 --- a/site/economics.html +++ b/site/economics.html @@ -230,11 +230,12 @@ Base fee, both gas dimensionsburned in full: gas used times the execution base fee, pgas used times the proving base fee, debited and credited to no onein the code on Devnet 3igneum/exec/src/executor.rs 320 to 371 (327 and 357, 328 and 360) Priority fee (the tip)80 percent to the block’s miner; 20 percent to the developer registrations of the contracts whose code ran, pro rata by each frame’s gas; an unregistered frame’s part is credited to nobody, which is a burnin the code on Devnet 3executor.rs 335 to 339; igneum/exec/src/pgas.rs 290; igneum/exec/src/config.rs 76 (DEVELOPER_SHARE_PERCENT = 20) External proving jobs90 percent to the provers who delivered, 10 percent burned, once jobs settle in IGNdesigned, not in the code: no constant exists; at launch a job is paid on the customer’s own chainspec 05 section 5.4; the litepaper’s Proving section + The provers’ part of the tipdesigned: a share of the producer’s 80 percent paid per block to the block’s provers in the proportion the proving protocol defines, per shard with the pool creditdesigned, not in the code: no constant exists; the executor credits the whole 80 percent to the miner (executor.rs 335 to 339)spec 05 sections 5.2 and 5.3

The proving-fee market

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The second income of a card is the proving pool above: 20 percent of every block, paid per shard against a valid proof record, plus the provers’ part of the priority fee. The price a prover must charge an outside customer is the subsidy it forgoes while it proves, which falls as one over the network’s hash rate; the formula and its measured inputs are in the litepaper (Building on Igneum). The market itself is designed and not built. What the pool pays today is measured: on Devnet 3 in the 24 hours to 12:16 UK on 8 October 2026 the chain paid 8,209 shards, 9,913.09 IGN in all, to 29 prover keys; 905 shards were paid in the hour to that minute; the lag from a proven block to the block that pays its shards read p50 514 and p90 953 DAA seconds; 40,502 shards were planned and 54 proving at that minute (the observer’s proof tables, read through /api/explorer?proving=1; the same numbers live on the proving page). Devnet 3 IGN has no value; the rows show the mechanism paying, not an income.

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The second income of a card is the proving pool above: 20 percent of every block, paid per shard against a valid proof record. A provers’ part of the priority fee is designed (spec 05, 5.2: a share of the producer’s 80 percent paid per block to the block’s provers) and is not in the code: today the whole 80 percent of the tip goes to the miner, the executor’s line above, and the pool is the only thing that pays an internal prover. The price a prover must charge an outside customer is the subsidy it forgoes while it proves, which falls as one over the network’s hash rate; the formula and its measured inputs are in the litepaper (Building on Igneum). The market itself is designed and not built. What the pool pays today is measured: on Devnet 3 in the 24 hours to 12:16 UK on 8 October 2026 the chain paid 8,209 shards, 9,913.09 IGN in all, to 29 prover keys; 905 shards were paid in the hour to that minute; the lag from a proven block to the block that pays its shards read p50 514 and p90 953 DAA seconds; 40,502 shards were planned and 54 proving at that minute (the observer’s proof tables, read through /api/explorer?proving=1; the same numbers live on the proving page). Devnet 3 IGN has no value; the rows show the mechanism paying, not an income.

The client fee and the fund it fills

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Three incomes, kept apart. Each has its own source and its own state.

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IncomeWhere it comes fromWho gets itState
Block securitythe block subsidy (80 percent of each block) and 80 percent of the priority feethe miner whose key found the blockin consensus on every network (measured)
Internal provingthe proving pool: a fifth of each block’s subsidy (20 percent), paid per shard against a valid proof record, plus the provers’ part of the priority feethe prover keys that delivered the shardsin consensus on Devnet 3 (measured below)
Internal provingthe proving pool: a fifth of each block’s subsidy (20 percent), paid per shard against a valid proof record; nothing else pays an internal prover todaythe prover keys that delivered the shardsin consensus on Devnet 3 (measured below); the provers’ part of the tip designed, not in the code
External customerspayments from other chains for proofs, settled in IGN: 90 percent to the provers, 10 percent burnedthe provers who took the jobdesigned, not implemented: no constant exists, no job has been paid

The proving base fee pays nobody. A transaction’s pgas times the proving base fee is burned in full today (executor.rs, the base-fee row above). It is not a prover’s income and it does not fill the pool. The pool is filled by the subsidy alone, and the subsidy halves every two years.