Validator Registration Burn
Monolythium requires validators to permanently burn LYTH tokens as part of registration. This mechanism ensures economic commitment and provides Sybil resistance.
Overview
| Parameter | Value |
|---|---|
| Burn amount | 100,000 LYTH |
| Type | Permanent (non-refundable) |
| Enforcement | Ante handler in x/mono module |
| Adjustable | Yes (governance proposal) |
How It Works
When a validator submits a MsgCreateValidator transaction, the x/mono ante handler decorator intercepts it and enforces the burn:
MsgCreateValidator
│
├── 1. Ante handler checks burn deposit parameter
├── 2. Burns required LYTH from validator's account
├── 3. Records burn in module state
└── 4. Proceeds with standard validator creation
The burn is permanent — tokens are sent to an unspendable address and removed from circulating supply.
Purpose
Sybil Resistance
Without a burn requirement, an attacker could create many validators cheaply. The 100,000 LYTH burn makes this economically prohibitive.
Long-Term Commitment
Unlike refundable deposits, a burn is irreversible. This signals genuine commitment to the network.
Deflationary Contribution
Validator burns permanently reduce supply, contributing to Monolythium's deflationary design alongside the 90% fee burn.
Total Cost to Validate
| Requirement | Amount | Type |
|---|---|---|
| Self-delegation | 100,000 LYTH | Recoverable (after unbonding) |
| Burn deposit | 100,000 LYTH | Permanent (destroyed) |
| Total | 200,000 LYTH |
Querying Burn State
# Check x/mono parameters (includes burn requirement)
monod query mono params
# Check total validator burns
monod query mono burn-total
Governance Adjustability
The burn deposit amount is a governance parameter. It can be increased or decreased through a standard governance proposal:
- Submit a
ParameterChangeProposalfor themonomodule - 14-day voting period
- 33.4% quorum, 50% approval threshold
- New amount applies to future validator registrations only
Existing validators are not affected by changes to the burn requirement.
FAQ
Is the burn refundable if I stop validating?
No. The burn is permanent regardless of whether the validator remains active.
What if validators unregister?
Their burn contribution remains counted. The tokens are permanently destroyed.
Can governance remove the burn requirement?
Technically yes, by setting it to 0. However, this would significantly weaken Sybil resistance.
Does the burn count toward self-delegation?
No. The burn is separate from the 100,000 LYTH self-delegation requirement.
Related
- Validator Registration - Step-by-step registration guide
- Governance Parameters - All adjustable parameters
- Tokenomics - Economic model