The economics of farming Safecoin


I recall that anyone can farm, but that those providing storage that rates “above the network average” farm at a substantially higher rate. Thinking a bit about this I’m not sure it is desirable, so I would like to:

  1. Understand and document the current proposal for how farming operates
  2. Debate this and any alternative proposals for consideration by SAFE community

@dirvine and others - regarding 1), what are the best places for me to read up on this so I can summarise here? Please don’t say in the code! :wink:

Documentation I’m Aware Of:


Only slightly (10-20%) then the rate dramatically drops. This is required for the supply/demand balance. Better to have lots of vaults slightly above network average. This is the sigmoid curve that I have alluded to but not yet documented properly. I will make an attempt to document this soon, stuck in some data races just now :smile:

The web site will change with a documentation section this week, any unanswered technical questions should be answered there. We can use the comments sections to identify where clarification is required.


This should be the section we update I think