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Add expiration, supply cap, mutability to readme
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README.md
28
README.md
@ -85,6 +85,34 @@ Token parameters are truncated when calculating demurrage and redistribution:
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* Demurrage modifier: 64 bits
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## Expiration
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A token may set to expire at a certain point in time. After the expiry, no more transfers may be executed. From that point on, balances are frozen and demurrage is halted.
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Expiration may be set in terms of redistribution periods.
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Unless sealed (see below), expiration may be changed at any time to any future redistribution period. However, once expired, expiration may not be changed further.
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## Supply
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Unless sealed (see below), Supply limit may be set and change at any time. Supply may never be directly set to less than the current supply. However, contract _writers_ may burn tokens in their possession using the `burn()` method, which will effectively reduce the supply.
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## Mutability
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The following parameters may not be changed after contract is published:
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* Demurrage level
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* Redistribution period
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The contract provides a sealing feature which prohibits further changes to parameters that can initially be edited. These include:
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* Adding and removing writers (addresses that may mint tokens)
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* Sink addres
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* Expiry period
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* Supply limit
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## Gas usage
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@ -121,7 +121,7 @@ contract DemurrageTokenSingleNocap {
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// Implements Sealer
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uint256 public sealState;
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uint8 constant MINTER_STATE = 1;
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uint8 constant WRITER_STATE = 1;
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uint8 constant SINK_STATE = 2;
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uint8 constant EXPIRY_STATE = 4;
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uint8 constant CAP_STATE = 8;
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@ -223,7 +223,7 @@ contract DemurrageTokenSingleNocap {
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// Given address will be allowed to call the mintTo() function
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function addWriter(address _minter) public returns (bool) {
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require(!isSealed(MINTER_STATE));
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require(!isSealed(WRITER_STATE));
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require(msg.sender == owner);
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minter[_minter] = true;
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return true;
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@ -231,7 +231,7 @@ contract DemurrageTokenSingleNocap {
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// Given address will no longer be allowed to call the mintTo() function
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function deleteWriter(address _minter) public returns (bool) {
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require(!isSealed(MINTER_STATE));
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require(!isSealed(WRITER_STATE));
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require(msg.sender == owner || _minter == msg.sender);
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minter[_minter] = false;
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return true;
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