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feat: Add recovery pallet in runtime. #1105
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nakul1010
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How did you decide on these parameters?
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I had taken reference from the frame config set, but after re-reviewing, I suggest setting one of the following configs defined below.
INTR Config based on KSM Config set
Current Market Price
INTR Config based on Dollar, this
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Note: Polkadot yet not have added the recovery pallet into the runtime.
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That makes sense to me!
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Aren't those values very very high? We require 250 vINTR for governance proposals and these would require a lot more INTR to actually use this feature. So only very few people could use this.
What's the downside of setting this to much lower values so that you could set this up with say max 500 INTR?
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@nud3l, I agree that we can reduce the value of
ConfigDepositBase
to 100 INTR to make it more accessible. However, it is important to keep theRecoveryDeposit
at a sufficiently high level. This is because theRecoveryDeposit
amount is refunded if the recovery process is successful.If we set the
RecoveryDeposit
value too low, there is a risk that a malicious rescuer could attempt to recover the account, and if the account holder cancels the recovery process, the malicious rescuer would only lose a minimal amount due to the lowRecoveryDeposit
value.It's worth noting that the
RecoveryDeposit
only needs to be reserved if the account recovery process is on and not when setting up the account recovery.