diff --git a/x/mint/README.md b/x/mint/README.md index 900615bbabb3..80198010dcb0 100644 --- a/x/mint/README.md +++ b/x/mint/README.md @@ -39,11 +39,11 @@ which should help provide some liquidity. It can be broken down in the following way: -* If the inflation rate is below the goal %-bonded the inflation rate will +* If the actual percentage of bonded tokens is below the goal %-bonded the inflation rate will increase until a maximum value is reached * If the goal % bonded (67% in Cosmos-Hub) is maintained, then the inflation rate will stay constant -* If the inflation rate is above the goal %-bonded the inflation rate will +* If the actual percentage of bonded tokens is above the goal %-bonded the inflation rate will decrease until a minimum value is reached @@ -61,7 +61,7 @@ https://github.com/cosmos/cosmos-sdk/blob/v0.47.0-rc1/proto/cosmos/mint/v1beta1/ ### Params -The mint module stores it's params in state with the prefix of `0x01`, +The mint module stores its params in state with the prefix of `0x01`, it can be updated with governance or the address with authority. * Params: `mint/params -> legacy_amino(params)` @@ -91,7 +91,7 @@ type InflationCalculationFn func(ctx sdk.Context, minter Minter, params Params, The target annual inflation rate is recalculated each block. The inflation is also subject to a rate change (positive or negative) depending on the distance from the desired ratio (67%). The maximum rate change -possible is defined to be 13% per year, however the annual inflation is capped +possible is defined to be 13% per year, however, the annual inflation is capped as between 7% and 20%. ```go @@ -169,7 +169,7 @@ A user can query and interact with the `mint` module using the CLI. #### Query -The `query` commands allow users to query `mint` state. +The `query` commands allows users to query `mint` state. ```shell simd query mint --help @@ -177,7 +177,7 @@ simd query mint --help ##### annual-provisions -The `annual-provisions` command allow users to query the current minting annual provisions value +The `annual-provisions` command allows users to query the current minting annual provisions value ```shell simd query mint annual-provisions [flags] @@ -197,7 +197,7 @@ Example Output: ##### inflation -The `inflation` command allow users to query the current minting inflation value +The `inflation` command allows users to query the current minting inflation value ```shell simd query mint inflation [flags] @@ -217,7 +217,7 @@ Example Output: ##### params -The `params` command allow users to query the current minting parameters +The `params` command allows users to query the current minting parameters ```shell simd query mint params [flags] @@ -240,7 +240,7 @@ A user can query the `mint` module using gRPC endpoints. #### AnnualProvisions -The `AnnualProvisions` endpoint allow users to query the current minting annual provisions value +The `AnnualProvisions` endpoint allows users to query the current minting annual provisions value ```shell /cosmos.mint.v1beta1.Query/AnnualProvisions @@ -262,7 +262,7 @@ Example Output: #### Inflation -The `Inflation` endpoint allow users to query the current minting inflation value +The `Inflation` endpoint allows users to query the current minting inflation value ```shell /cosmos.mint.v1beta1.Query/Inflation @@ -284,7 +284,7 @@ Example Output: #### Params -The `Params` endpoint allow users to query the current minting parameters +The `Params` endpoint allows users to query the current minting parameters ```shell /cosmos.mint.v1beta1.Query/Params