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The built-in storage market actor's minimum deal collateral functions as a mandatory data assurance mechanism. The market's collateral and deal payment balances are subtracted from total token supply when calculating the network circulating supply. This proposal is to ignore the built-in market's locked balance in the network circulating supply definition. This is logical support for subsequent protocol changes that would allow storage providers to commit data into sectors without a built-in market deal or the associated collateral. With such change, the built-in market would not be a privileged actor and does not warrant special treatment in the circulating supply calculations.
Audience / Consumer for this Review
Core Developers
Timeframe
Needed in 1 month
Rationale
Very minor impacts on circulating supply. More significant impacts on implied protocol direction.
This is a logical prerequisite to direct data onboarding (Direct FIL+).
I don't anticipate any significant findings from review, this is mainly a courtesy to ensure you have time to process it before governance progresses.
Desired Deliverables
Comment on the FIP discussion indicating any significant impacts not already discussed.
Request Summary
Please review FIP-0065.
Audience / Consumer for this Review
Core Developers
Timeframe
Needed in 1 month
Rationale
Very minor impacts on circulating supply. More significant impacts on implied protocol direction.
This is a logical prerequisite to direct data onboarding (Direct FIL+).
I don't anticipate any significant findings from review, this is mainly a courtesy to ensure you have time to process it before governance progresses.
Desired Deliverables
Comment on the FIP discussion indicating any significant impacts not already discussed.
Relevant Links (Including FIPs & FIP discussions)
https://github.com/filecoin-project/FIPs/blob/master/FIPS/fip-0065.md
Contact Details (if Private Response Requested)
No response
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