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docs: add LIP-123 Restart Treasury Reward Cut - #1

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b3nnnp wants to merge 3 commits into
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claude/happy-fermat-de6v9z

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@b3nnnp b3nnnp commented Sep 11, 2026

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Adds a new Parameter LIP to restart round-based treasury rewards at 10%, setting treasuryRewardCutRate back to 1e26 after the treasury ceiling reset it to 0%.

Submitted as Draft per the LIP-1 process. Last Call will be requested in a follow-up PR once this is merged.

Changes

  • LIPs/LIP-123.md — new LIP
  • README.md — index row added

What differs from LIP-101

Frontmatter only, plus two grammar fixes. The body is otherwise a verbatim copy, so the parameter change proposed here is identical to the one adopted under LIP-101.

Field LIP-101 LIP-123
lip 101 123
status Final Draft
created 2025-12-12 2026-09-11
discussions-to pre-proposal LIP-101 thread pre-proposal "restart at 10% again" thread (to be swapped for the new proposal thread once posted)
Parameter treasuryRewardCutRate = 1e26 (10%) unchanged

Grammar fixes carried over from the LIP-101 text:

  1. Abstract — "It updates the parameter: at the specified value:" → "It updates the following parameter to the specified value:".
  2. Specification Rationale — "a desire to moving rapidly" → "a desire to move rapidly".

Open items before this goes upstream

Ben Perez and others added 3 commits September 11, 2026 07:06
Restart round-based treasury rewards by setting treasuryRewardCutRate
back to 1e26 (10%) after the treasury ceiling reset it to 0% for a
second time. Mirrors LIP-101, which made the same change previously.

Co-Authored-By: Claude Opus 5 <noreply@anthropic.com>
Claude-Session: https://claude.ai/code/session_01MoBapUnYuvSmDXXUyGLHuH
Keep the body a straight copy of LIP-101 so the proposal stands on its
own. Only grammar fixes remain.

Co-Authored-By: Claude Opus 5 <noreply@anthropic.com>
Claude-Session: https://claude.ai/code/session_01MoBapUnYuvSmDXXUyGLHuH
Submit as Draft per the LIP-1 process; Last Call will be requested in a
follow-up PR once this is merged.

Co-Authored-By: Claude Opus 5 <noreply@anthropic.com>
Claude-Session: https://claude.ai/code/session_01MoBapUnYuvSmDXXUyGLHuH
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