From 2b407e9139786e6fb40872170fb6d4c28dfdd0f7 Mon Sep 17 00:00:00 2001
From: Stephen Buttolph <stephen@avalabs.org>
Date: Tue, 8 Oct 2024 19:22:46 -0400
Subject: [PATCH] Update dynamic fee defaults

---
 genesis/genesis_fuji.go    | 14 +++++++++-----
 genesis/genesis_local.go   | 14 +++++++++-----
 genesis/genesis_mainnet.go | 14 +++++++++-----
 3 files changed, 27 insertions(+), 15 deletions(-)

diff --git a/genesis/genesis_fuji.go b/genesis/genesis_fuji.go
index 82a8ffecaa3c..a6b4c4ca960a 100644
--- a/genesis/genesis_fuji.go
+++ b/genesis/genesis_fuji.go
@@ -42,11 +42,15 @@ var (
 					gas.DBWrite:   1,
 					gas.Compute:   1,
 				},
-				MaxCapacity:              1_000_000,
-				MaxPerSecond:             1_000,
-				TargetPerSecond:          500,
-				MinPrice:                 1,
-				ExcessConversionConstant: 5_000,
+				MaxCapacity:     1_000_000, // Max block size ~1MB
+				MaxPerSecond:    250_000,
+				TargetPerSecond: 125_000, // Target block size ~125KB
+				MinPrice:        1,
+				// ExcessConversionConstant = (Capacity - Target) * NumberOfSecondsPerDoubling / ln(2)
+				//
+				// ln(2) is a float and the result is consensus critical, so we
+				// hardcode the result.
+				ExcessConversionConstant: 5_410_106, // Double every 30s
 			},
 			ValidatorFeeCapacity: 20_000,
 			ValidatorFeeConfig: validatorfee.Config{
diff --git a/genesis/genesis_local.go b/genesis/genesis_local.go
index 5834a366ed2b..166229508f10 100644
--- a/genesis/genesis_local.go
+++ b/genesis/genesis_local.go
@@ -60,11 +60,15 @@ var (
 					gas.DBWrite:   1,
 					gas.Compute:   1,
 				},
-				MaxCapacity:              1_000_000,
-				MaxPerSecond:             250_000,
-				TargetPerSecond:          100_000,
-				MinPrice:                 1,
-				ExcessConversionConstant: 1_000_000,
+				MaxCapacity:     1_000_000, // Max block size ~1MB
+				MaxPerSecond:    250_000,
+				TargetPerSecond: 125_000, // Target block size ~125KB
+				MinPrice:        1,
+				// ExcessConversionConstant = (Capacity - Target) * NumberOfSecondsPerDoubling / ln(2)
+				//
+				// ln(2) is a float and the result is consensus critical, so we
+				// hardcode the result.
+				ExcessConversionConstant: 5_410_106, // Double every 30s
 			},
 			ValidatorFeeCapacity: 20_000,
 			ValidatorFeeConfig: validatorfee.Config{
diff --git a/genesis/genesis_mainnet.go b/genesis/genesis_mainnet.go
index 2395d88d34b4..dd5b61d481da 100644
--- a/genesis/genesis_mainnet.go
+++ b/genesis/genesis_mainnet.go
@@ -42,11 +42,15 @@ var (
 					gas.DBWrite:   1,
 					gas.Compute:   1,
 				},
-				MaxCapacity:              1_000_000,
-				MaxPerSecond:             1_000,
-				TargetPerSecond:          500,
-				MinPrice:                 1,
-				ExcessConversionConstant: 5_000,
+				MaxCapacity:     1_000_000, // Max block size ~1MB
+				MaxPerSecond:    250_000,
+				TargetPerSecond: 125_000, // Target block size ~125KB
+				MinPrice:        1,
+				// ExcessConversionConstant = (Capacity - Target) * NumberOfSecondsPerDoubling / ln(2)
+				//
+				// ln(2) is a float and the result is consensus critical, so we
+				// hardcode the result.
+				ExcessConversionConstant: 5_410_106, // Double every 30s
 			},
 			ValidatorFeeCapacity: 20_000,
 			ValidatorFeeConfig: validatorfee.Config{