------------Specs---------------------
n : the number of halvings that have occurred since the last successful proposal that modified the Halving Rate.
X : the base number of days (as agreed on via proposal) after which the next halving will occur
Every X^( 1 / (2^n) ) days the emission rate of ACRE is halved.
The rate cannot be halved more frequently than every day.
Changing the Rate
At most Y days must pass before the Halving Rate can be modified by a new proposal.
At least one Halving must occur between every vote to change the Halving Rate.
Proposals on the same day as a Halving cannot change the Halving even if they close before the Halving is executed.
Option 1 - Degen Democracy
{ X = 7 && Y = 10 }
How it plays out:
Because we will have just passed a proposal, n = 0.
2^n = 1
1 / 2^n = 1
7^1 = 7 days from the passing of the proposal, the emission rate will cut in half. (75 -> 37.5 ACRE / block )
Then, the next halving will occur in ( 7^( 1 / 2 ^ 1) ~ 2.65 ~ 3 days.
Thus, two Halvings will occur and the emission rate will be 18.75 ACRE / block when the next proposal is passed.
Option 2 - Defi Summer
{ X = 30 && Y = 30 }
How it plays out:
After thirty days we execute a Halving and vote on the new halving rate.
Option 3 - Degens' Delight
{ X = 16 && Y = 365 }
How it plays out:
Well shit... you better get farming them ACREs now.
No.
