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Integra Mainnet — Treasury Delegation Plan (for Piyush review)

Integra Mainnet — Treasury Delegation Plan

For Piyush's review before signing. All numbers verified against the live chain and the Validator Rewards spreadsheet.

Date: 2026-03-09 Chain: integra-1 (live, block height advancing) Status: All 4 validators bonded, blocks producing


Chain Parameters (verified on-chain)

Parameter Value Source
Total Supply 100,000,000,000 IRL Genesis
Inflation Rate 3.0% fixed (min = max = 3%, rate_change = 0) query mint params
Annual Provisions ~3,000,000,000 IRL/year query mint annual-provisions
Community Tax 0% (all inflation goes to stakers) query distribution params
Bond Denom airl (1 IRL = 10^18 airl) query staking params
Max Validators 100 query staking params
Unbonding Time 21 days (504h) query staking params
Min Commission 0% (no floor enforced) query staking params
Blocks Per Year 6,311,520 (~5s/block) query mint params

Current Validator State

Validator Valoper Commission Self-Stake Status
Integra-Gateway integravaloper188hxs6r3nzv8xl4glkuxzcewn09x4usd86pqp8 5% 999,000 IRL BONDED
Integra-Signer1 integravaloper14uuepyevsxs54j3gffyl5r5vpjfymmjkd76mps 5% 999,000 IRL BONDED
Integra-Signer2 integravaloper1k7ghd60lqucwgk9xgxnmuvn5a40wzarnx7xwme 5% 999,000 IRL BONDED
Integra-Archive integravaloper13q6sj0yandc7kmha339222yrax5zym0dtp74wz 5% 999,000 IRL BONDED

Treasury Address: integra1tdjnysps98uzgzlzrtng2uug5ns9y4m3u2hcp7 Treasury Balance: 99,996,000,000 IRL Treasury Account Number: 0, Sequence: 0 (no transactions sent yet)


Proposed Delegation

Based on a 6-validator target (4 internal + 2 external), calibrated so external validators earn ~500,000 IRL/month commission.

Internal Delegation (this operation)

# Validator Delegation Amount Sequence
1 Integra-Gateway 690,000,000 IRL 0
2 Integra-Signer1 690,000,000 IRL 1
3 Integra-Signer2 690,000,000 IRL 2
4 Integra-Archive 690,000,000 IRL 3
Total 2,760,000,000 IRL

Post-Delegation State (after this operation)

Account Before After
Treasury (liquid) 99,996,000,000 IRL 97,236,000,000 IRL
Treasury (staked) 0 IRL 2,760,000,000 IRL
Each internal validator total stake 999,000 IRL ~690,999,000 IRL
Total network staked 3,996,000 IRL 2,763,996,000 IRL

Future External Validators (not part of this operation)

When 2 external validators join, each receives:

  • 1,000 IRL self-stake (from the external validator operator)
  • 119,999,000 IRL delegation from treasury
  • 120,000,000 IRL total stake per external validator

Treasury cost for external validators: 239,998,000 IRL (2 x 119,999,000)

Target State (after external validators join)

Validator Type Count Stake Each Total
Internal 4 ~690,999,000 IRL 2,763,996,000 IRL
External 2 120,000,000 IRL 240,000,000 IRL
Total 6 3,003,996,000 IRL

Treasury after all delegations: ~96,996,002,000 IRL liquid

When more external validators are added, these numbers can be recalculated and adjusted accordingly.


Reward Verification

Target State Rewards (6 validators, ~3B staked)

External validators (the 500K/month promise):

Metric Per External Validator Calculation
Stake 120,000,000 IRL 1K self + 119,999K delegation
Share of total stake ~3.99% 120M / 3,004M
Monthly rewards ~9,980,000 IRL 3.99% x 250M/month
Validator commission (5%) ~499,000 IRL/month 9.98M x 5%
Delegator (treasury) rewards ~9,481,000 IRL/month 9.98M x 95%

Internal validators:

Metric Per Internal Validator Calculation
Stake ~690,999,000 IRL 999K self + 690M delegation
Share of total stake ~23.0% 691M / 3,004M
Monthly rewards ~57,500,000 IRL 23% x 250M/month
Validator commission (5%) ~2,875,000 IRL/month 57.5M x 5%
Delegator (treasury) rewards ~54,625,000 IRL/month 57.5M x 95%

Initial Rewards (before external validators join — 4 validators only)

With only ~2,764M staked:

Metric Per Internal Validator Calculation
Share of total stake ~25% 691M / 2,764M
Monthly rewards ~62,500,000 IRL 25% x 250M/month
Validator commission (5%) ~3,125,000 IRL/month 62.5M x 5%
Delegator (treasury) rewards ~59,375,000 IRL/month 62.5M x 95%

Numbers will normalize once external validators join and total stake reaches ~3B.


Transaction Details

  • Gas: 300,000 per tx
  • Gas Price: 5,000,000,000,000 airl (5000 gwei)
  • Fee per tx: 1.5 IRL
  • Total fees: ~6 IRL (4 transactions)
  • Amount per tx: 690,000,000 IRL (690,000,000,000,000,000,000,000,000 airl)
  • Signing: Air-gapped, using Docker signing image
  • Broadcast: All 4 in rapid succession (sequence 0 -> 3)

Signing Commands (on air-gapped machine)

intgd tx sign delegation-1-gateway.json \
  --from treasury --chain-id integra-1 \
  --account-number 0 --sequence 0 \
  --keyring-backend file \
  --output-document signed-delegation-1-gateway.json

intgd tx sign delegation-2-signer1.json \
  --from treasury --chain-id integra-1 \
  --account-number 0 --sequence 1 \
  --keyring-backend file \
  --output-document signed-delegation-2-signer1.json

intgd tx sign delegation-3-signer2.json \
  --from treasury --chain-id integra-1 \
  --account-number 0 --sequence 2 \
  --keyring-backend file \
  --output-document signed-delegation-3-signer2.json

intgd tx sign delegation-4-archive.json \
  --from treasury --chain-id integra-1 \
  --account-number 0 --sequence 3 \
  --keyring-backend file \
  --output-document signed-delegation-4-archive.json

Broadcast Commands (Adam, after receiving signed txs)

intgd tx broadcast signed-delegation-1-gateway.json --home /root/.intgd
intgd tx broadcast signed-delegation-2-signer1.json --home /root/.intgd
intgd tx broadcast signed-delegation-3-signer2.json --home /root/.intgd
intgd tx broadcast signed-delegation-4-archive.json --home /root/.intgd

Confirmation Required

  • Delegation amount: 690,000,000 IRL per internal validator (2,760,000,000 total)
  • Treasury retains: 97,236,000,000 IRL liquid
  • Future external validators: 119,999,000 IRL delegation each (120M total stake with 1K self-stake)
  • External validator commission target: ~500,000 IRL/month (verified)
  • Commission rate: 5% per validator (confirmed on-chain)
  • Inflation: 3% fixed annually (confirmed on-chain)
  • Signing key: "treasury" in Docker keyring

Piyush: Please confirm the above before signing. Adam will send the 4 unsigned transaction files once confirmed.

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