Update penalty levels
The penalty levels represent the increase in a price of the execution of a specific functionality (i.e. the sale of a carbon credit or the submission proposal of a project). The pallet supports up to 5 penalty levels which are set by default to the following specific values:
Current penalty level values:
Penalty level
Penalty value
0
100.00%
1
167.00%
2
230.00%
3
275.50%
4
320.00%
An authority account can chose to update the penalty values of the pallet by submitting them to the pallet via the update_penalty_levels(new_penalty_levels)
functionality. It is worth mentioning that the authority account should bare in mind that he/she is submitting 5 penalty levels, where the new values are of a increasing order and the new values should be in the form of a 2 decimal placement percentage value.
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