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@mcjkula mcjkula commented Aug 3, 2025

Description

Fix "price < TAO emissions" mechanism which would lead to unintended downward pressure on ALPHA tokens. The current implementation would incorrectly trigger the mechanism post-halving, leading to a decrease in TAO per ALPHA on subnets where "price > TAO emissions", but "price < TAO emissions ratio (%)".

Related Issue/s

Type of Change

  • Bug fix (non-breaking change which fixes an issue)
  • New feature (non-breaking change which adds functionality)
  • Breaking change (fix or feature that would cause existing functionality to not work as expected)
  • Documentation update
  • Other (please describe):

Breaking Change

N/A - This is a bug fix that corrects existing behavior without changing the intended functionality.

Checklist

  • I have performed a self-review of my own code
  • I have commented my code, particularly in hard-to-understand areas
  • I have run cargo fmt to ensure my code is formatted correctly (no cargo clippy)
  • I have made corresponding changes to the documentation
  • My changes generate no new warnings
  • I have added tests that prove my fix is effective or that my feature works
  • New and existing unit tests pass locally with my changes
  • Any dependent changes have been merged and published in downstream modules

Screenshots (if applicable)

N/A

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