consensus: implement DEXON cryptoeconomics v4.0 (#145)

17 files changed, 479 insertions, 240 deletions

diff --git a/cmd/gdex/consolecmd_test.go b/cmd/gdex/consolecmd_test.go
index 37f94cdc4..672735d2c 100644
--- a/cmd/gdex/consolecmd_test.go
+++ b/cmd/gdex/consolecmd_test.go
@@ -31,7 +31,7 @@ import (
 )
 
 const (
-	ipcAPIs  = "admin:1.0 debug:1.0 dexcon:1.0 eth:1.0 net:1.0 personal:1.0 rpc:1.0 shh:1.0 txpool:1.0 web3:1.0"
+	ipcAPIs  = "admin:1.0 debug:1.0 eth:1.0 net:1.0 personal:1.0 rpc:1.0 shh:1.0 txpool:1.0 web3:1.0"
 	httpAPIs = "eth:1.0 net:1.0 rpc:1.0 web3:1.0"
 )
 
diff --git a/consensus/dexcon/api.go b/consensus/dexcon/api.go
deleted file mode 100644
index 6f314b96b..000000000
--- a/consensus/dexcon/api.go
+++ /dev/null
@@ -1,26 +0,0 @@
-// Copyright 2018 The go-ethereum Authors
-// This file is part of the go-ethereum library.
-//
-// The go-ethereum library is free software: you can redistribute it and/or modify
-// it under the terms of the GNU Lesser General Public License as published by
-// the Free Software Foundation, either version 3 of the License, or
-// (at your option) any later version.
-//
-// The go-ethereum library is distributed in the hope that it will be useful,
-// but WITHOUT ANY WARRANTY; without even the implied warranty of
-// MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
-// GNU Lesser General Public License for more details.
-//
-// You should have received a copy of the GNU Lesser General Public License
-// along with the go-ethereum library. If not, see <http://www.gnu.org/licenses/>.
-
-package dexcon
-
-// API exposes ethash related methods for the RPC interface.
-type API struct {
-	dexcon *Dexcon
-}
-
-func (api *API) Hello() error {
-	return nil
-}
diff --git a/consensus/dexcon/dexcon.go b/consensus/dexcon/dexcon.go
index f0a133ccf..4480f64cb 100644
--- a/consensus/dexcon/dexcon.go
+++ b/consensus/dexcon/dexcon.go
@@ -23,17 +23,17 @@ import (
 	"github.com/dexon-foundation/dexon/consensus"
 	"github.com/dexon-foundation/dexon/core/state"
 	"github.com/dexon-foundation/dexon/core/types"
-	"github.com/dexon-foundation/dexon/params"
+	"github.com/dexon-foundation/dexon/core/vm"
 	"github.com/dexon-foundation/dexon/rpc"
 )
 
-type ConfigurationFetcher interface {
-	DexconConfiguration(round uint64) *params.DexconConfig
+type GovernanceStateFetcher interface {
+	GetGovStateHelperAtRound(round uint64) *vm.GovernanceStateHelper
 }
 
 // Dexcon is a delegated proof-of-stake consensus engine.
 type Dexcon struct {
-	configFetcher ConfigurationFetcher
+	govStateFetcer GovernanceStateFetcher
 }
 
 // New creates a Clique proof-of-authority consensus engine with the initial
@@ -42,11 +42,11 @@ func New() *Dexcon {
 	return &Dexcon{}
 }
 
-// SetConfigFetcher sets the config fetcher for Dexcon. The reason this is not
+// SetGovStateFetcher sets the config fetcher for Dexcon. The reason this is not
 // passed in the New() method is to bypass cycle dependencies when initializing
 // dex backend.
-func (d *Dexcon) SetConfigFetcher(fetcher ConfigurationFetcher) {
-	d.configFetcher = fetcher
+func (d *Dexcon) SetGovStateFetcher(fetcher GovernanceStateFetcher) {
+	d.govStateFetcer = fetcher
 }
 
 // Author implements consensus.Engine, returning the Ethereum address recovered
@@ -107,13 +107,55 @@ func (d *Dexcon) Prepare(chain consensus.ChainReader, header *types.Header) erro
 	return nil
 }
 
+func (d *Dexcon) calculateBlockReward(round int64, state *state.StateDB) *big.Int {
+	gs := d.govStateFetcer.GetGovStateHelperAtRound(uint64(round))
+	config := gs.Configuration()
+
+	gsCurrent := vm.GovernanceStateHelper{state}
+	configCurrent := gsCurrent.Configuration()
+	heightCurrent := gsCurrent.RoundHeight(big.NewInt(round)).Uint64()
+
+	blocksPerRound := uint64(0)
+
+	// The initial round, calculate an approximate number of round base on config.
+	if round == 0 || heightCurrent == 0 {
+		blocksPerRound = uint64(config.NumChains) * config.RoundInterval / config.MinBlockInterval
+	} else {
+		heightPrev := gsCurrent.RoundHeight(big.NewInt(round - 1)).Uint64()
+		blocksPerRound = heightCurrent - heightPrev
+	}
+
+	// blockReard = miningVelocity * totalStaked * roundInterval / aYear / numBlocksInPrevRound
+	numerator, _ := new(big.Float).Mul(
+		new(big.Float).Mul(
+			big.NewFloat(float64(configCurrent.MiningVelocity)),
+			new(big.Float).SetInt(gs.TotalStaked())),
+		new(big.Float).SetInt(gs.RoundInterval())).Int(nil)
+
+	reward := new(big.Int).Div(numerator,
+		new(big.Int).Mul(
+			big.NewInt(86400*1000*365),
+			big.NewInt(int64(blocksPerRound))))
+
+	return reward
+}
+
 // Finalize implements consensus.Engine, ensuring no uncles are set, nor block
 // rewards given, and returns the final block.
 func (d *Dexcon) Finalize(chain consensus.ChainReader, header *types.Header, state *state.StateDB, txs []*types.Transaction, uncles []*types.Header, receipts []*types.Receipt) (*types.Block, error) {
-	config := d.configFetcher.DexconConfiguration(header.Round)
-	reward := new(big.Int).Div(config.BlockReward, big.NewInt(int64(config.NumChains)))
+	reward := d.calculateBlockReward(int64(header.Round), state)
 	state.AddBalance(header.Coinbase, reward)
 
+	gs := vm.GovernanceStateHelper{state}
+	gs.IncTotalSupply(reward)
+
+	config := gs.Configuration()
+
+	// Check if halving checkpoint reached.
+	if gs.TotalSupply().Cmp(config.NextHalvingSupply) >= 0 {
+		gs.MiningHalved()
+	}
+
 	header.Reward = reward
 	header.Root = state.IntermediateRoot(true)
 	return types.NewBlock(header, txs, uncles, receipts), nil
@@ -145,10 +187,5 @@ func (d *Dexcon) Close() error {
 // APIs implements consensus.Engine, returning the user facing RPC API to allow
 // controlling the signer voting.
 func (d *Dexcon) APIs(chain consensus.ChainReader) []rpc.API {
-	return []rpc.API{{
-		Namespace: "dexcon",
-		Version:   "1.0",
-		Service:   &API{dexcon: d},
-		Public:    false,
-	}}
+	return []rpc.API{}
 }
diff --git a/consensus/dexcon/dexcon_test.go b/consensus/dexcon/dexcon_test.go
new file mode 100644
index 000000000..7ba1be876
--- /dev/null
+++ b/consensus/dexcon/dexcon_test.go
@@ -0,0 +1,107 @@
+// Copyright 2019 The dexon-consensus Authors
+// This file is part of the dexon-consensus library.
+//
+// The dexon-consensus library is free software: you can redistribute it
+// and/or modify it under the terms of the GNU Lesser General Public License as
+// published by the Free Software Foundation, either version 3 of the License,
+// or (at your option) any later version.
+//
+// The dexon-consensus library is distributed in the hope that it will be
+// useful, but WITHOUT ANY WARRANTY; without even the implied warranty of
+// MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the GNU Lesser
+// General Public License for more details.
+//
+// You should have received a copy of the GNU Lesser General Public License
+// along with the dexon-consensus library. If not, see
+// <http://www.gnu.org/licenses/>.
+
+package dexcon
+
+import (
+	"math/big"
+	"testing"
+
+	"github.com/stretchr/testify/suite"
+
+	"github.com/dexon-foundation/dexon/common"
+	"github.com/dexon-foundation/dexon/core/state"
+	"github.com/dexon-foundation/dexon/core/vm"
+	"github.com/dexon-foundation/dexon/crypto"
+	"github.com/dexon-foundation/dexon/ethdb"
+	"github.com/dexon-foundation/dexon/params"
+)
+
+type GovStateFetcher struct {
+	statedb *state.StateDB
+}
+
+func (g *GovStateFetcher) GetGovStateHelperAtRound(_ uint64) *vm.GovernanceStateHelper {
+	return &vm.GovernanceStateHelper{g.statedb}
+}
+
+type DexconTestSuite struct {
+	suite.Suite
+
+	config  *params.DexconConfig
+	memDB   *ethdb.MemDatabase
+	stateDB *state.StateDB
+	s       *vm.GovernanceStateHelper
+}
+
+func (d *DexconTestSuite) SetupTest() {
+	memDB := ethdb.NewMemDatabase()
+	stateDB, err := state.New(common.Hash{}, state.NewDatabase(memDB))
+	if err != nil {
+		panic(err)
+	}
+	d.memDB = memDB
+	d.stateDB = stateDB
+	d.s = &vm.GovernanceStateHelper{stateDB}
+
+	config := params.TestnetChainConfig.Dexcon
+	config.LockupPeriod = 1000
+	config.NextHalvingSupply = new(big.Int).Mul(big.NewInt(1e18), big.NewInt(2.5e9))
+	config.LastHalvedAmount = new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1.5e9))
+	config.MiningVelocity = 0.1875
+	config.RoundInterval = 3600000
+	config.NumChains = 6
+	config.MinBlockInterval = 1000
+
+	d.config = config
+
+	// Give governance contract balance so it will not be deleted because of being an empty state object.
+	stateDB.AddBalance(vm.GovernanceContractAddress, big.NewInt(1))
+
+	// Genesis CRS.
+	crs := crypto.Keccak256Hash([]byte(config.GenesisCRSText))
+	d.s.PushCRS(crs)
+
+	// Round 0 height.
+	d.s.PushRoundHeight(big.NewInt(0))
+
+	// Governance configuration.
+	d.s.UpdateConfiguration(config)
+
+	d.stateDB.Commit(true)
+}
+
+func (d *DexconTestSuite) TestBlockRewardCalculation() {
+	consensus := New()
+	consensus.SetGovStateFetcher(&GovStateFetcher{d.stateDB})
+
+	d.s.IncTotalStaked(big.NewInt(1e18))
+
+	// blockReard = miningVelocity * totalStaked * roundInterval / aYear / numBlocksInPrevRound
+	// 0.1875 * 1e18 * 3600 * 1000 / (86400 * 1000 * 365 * 6 * 3600) = 990930999.4926434
+	d.Require().Equal(big.NewInt(990930999), consensus.calculateBlockReward(0, d.stateDB))
+
+	// Round 1
+	d.s.PushRoundHeight(big.NewInt(4000 * 6))
+
+	// 0.1875 * 1e18 * 3600 * 1000 / (86400 * 1000 * 365 * 6 * 4000) = 891837899
+	d.Require().Equal(big.NewInt(891837899), consensus.calculateBlockReward(1, d.stateDB))
+}
+
+func TestDexcon(t *testing.T) {
+	suite.Run(t, new(DexconTestSuite))
+}
diff --git a/core/blockchain_test.go b/core/blockchain_test.go
index 6468e984d..a902f0032 100644
--- a/core/blockchain_test.go
+++ b/core/blockchain_test.go
@@ -1650,7 +1650,7 @@ func TestProcessPendingBlock(t *testing.T) {
 	}
 
 	engine := &dexconTest{
-		blockReward: chainConfig.Dexcon.BlockReward,
+		blockReward: big.NewInt(1e18),
 		numChains:   chainConfig.Dexcon.NumChains,
 	}
 	chain, err := NewBlockChain(db, nil, chainConfig, engine, vm.Config{}, nil)
diff --git a/core/governance.go b/core/governance.go
index 45594fb64..538cd2b96 100644
--- a/core/governance.go
+++ b/core/governance.go
@@ -74,7 +74,7 @@ func (g *Governance) getHelperAtRound(round uint64) *vm.GovernanceStateHelper {
 	return &vm.GovernanceStateHelper{StateDB: s}
 }
 
-func (g *Governance) GetConfigHelper(round uint64) *vm.GovernanceStateHelper {
+func (g *Governance) GetGovStateHelperAtRound(round uint64) *vm.GovernanceStateHelper {
 	if round < dexCore.ConfigRoundShift {
 		round = 0
 	} else {
@@ -88,7 +88,7 @@ func (g *Governance) GetRoundHeight(round uint64) uint64 {
 }
 
 func (g *Governance) Configuration(round uint64) *coreTypes.Config {
-	configHelper := g.GetConfigHelper(round)
+	configHelper := g.GetGovStateHelperAtRound(round)
 	c := configHelper.Configuration()
 	return &coreTypes.Config{
 		NumChains:        c.NumChains,
diff --git a/core/vm/governance.go b/core/vm/governance.go
index bebc26e03..e77519c58 100644
--- a/core/vm/governance.go
+++ b/core/vm/governance.go
@@ -242,12 +242,6 @@ func RunGovernanceContract(evm *EVM, input []byte, contract *Contract) (ret []by
 			return nil, errExecutionReverted
 		}
 		return res, nil
-	case "blockReward":
-		res, err := method.Outputs.Pack(g.state.BlockReward())
-		if err != nil {
-			return nil, errExecutionReverted
-		}
-		return res, nil
 	case "crs":
 		round := new(big.Int)
 		if err := method.Inputs.Unpack(&round, arguments); err != nil {
@@ -406,6 +400,12 @@ func RunGovernanceContract(evm *EVM, input []byte, contract *Contract) (ret []by
 			return nil, errExecutionReverted
 		}
 		return res, nil
+	case "lastHalvedAmount":
+		res, err := method.Outputs.Pack(g.state.LastHalvedAmount())
+		if err != nil {
+			return nil, errExecutionReverted
+		}
+		return res, nil
 	case "lockupPeriod":
 		res, err := method.Outputs.Pack(g.state.LockupPeriod())
 		if err != nil {
@@ -418,12 +418,24 @@ func RunGovernanceContract(evm *EVM, input []byte, contract *Contract) (ret []by
 			return nil, errExecutionReverted
 		}
 		return res, nil
+	case "miningVelocity":
+		res, err := method.Outputs.Pack(g.state.MiningVelocity())
+		if err != nil {
+			return nil, errExecutionReverted
+		}
+		return res, nil
 	case "minStake":
 		res, err := method.Outputs.Pack(g.state.MinStake())
 		if err != nil {
 			return nil, errExecutionReverted
 		}
 		return res, nil
+	case "nextHalvingSupply":
+		res, err := method.Outputs.Pack(g.state.NextHalvingSupply())
+		if err != nil {
+			return nil, errExecutionReverted
+		}
+		return res, nil
 	case "numChains":
 		res, err := method.Outputs.Pack(g.state.NumChains())
 		if err != nil {
@@ -533,7 +545,9 @@ const (
 	ownerLoc
 	minStakeLoc
 	lockupPeriodLoc
-	blockRewardLoc
+	miningVelocityLoc
+	nextHalvingSupplyLoc
+	lastHalvedAmountLoc
 	blockGasLimitLoc
 	numChainsLoc
 	lambdaBALoc
@@ -1160,9 +1174,37 @@ func (s *GovernanceStateHelper) LockupPeriod() *big.Int {
 	return s.getStateBigInt(big.NewInt(lockupPeriodLoc))
 }
 
-// uint256 public blockReward;
-func (s *GovernanceStateHelper) BlockReward() *big.Int {
-	return s.getStateBigInt(big.NewInt(blockRewardLoc))
+// uint256 public miningVelocity;
+func (s *GovernanceStateHelper) MiningVelocity() *big.Int {
+	return s.getStateBigInt(big.NewInt(miningVelocityLoc))
+}
+func (s *GovernanceStateHelper) HalfMiningVelocity() {
+	s.setStateBigInt(big.NewInt(miningVelocityLoc),
+		new(big.Int).Div(s.MiningVelocity(), big.NewInt(2)))
+}
+
+// uint256 public nextHalvingSupply;
+func (s *GovernanceStateHelper) NextHalvingSupply() *big.Int {
+	return s.getStateBigInt(big.NewInt(nextHalvingSupplyLoc))
+}
+func (s *GovernanceStateHelper) IncNextHalvingSupply(amount *big.Int) {
+	s.setStateBigInt(big.NewInt(nextHalvingSupplyLoc),
+		new(big.Int).Add(s.NextHalvingSupply(), amount))
+}
+
+// uint256 public lastHalvedAmount;
+func (s *GovernanceStateHelper) LastHalvedAmount() *big.Int {
+	return s.getStateBigInt(big.NewInt(lastHalvedAmountLoc))
+}
+func (s *GovernanceStateHelper) HalfLastHalvedAmount() {
+	s.setStateBigInt(big.NewInt(lastHalvedAmountLoc),
+		new(big.Int).Div(s.LastHalvedAmount(), big.NewInt(2)))
+}
+
+func (s *GovernanceStateHelper) MiningHalved() {
+	s.HalfMiningVelocity()
+	s.HalfLastHalvedAmount()
+	s.IncNextHalvingSupply(s.LastHalvedAmount())
 }
 
 // uint256 public blockGasLimit;
@@ -1290,25 +1332,27 @@ func (s *GovernanceStateHelper) Stake(
 	s.IncTotalStaked(staked)
 }
 
-const phiRatioMultiplier = 1000000.0
+const decimalMultiplier = 100000000.0
 
 // Configuration returns the current configuration.
 func (s *GovernanceStateHelper) Configuration() *params.DexconConfig {
 	return &params.DexconConfig{
-		MinStake:         s.getStateBigInt(big.NewInt(minStakeLoc)),
-		LockupPeriod:     s.getStateBigInt(big.NewInt(lockupPeriodLoc)).Uint64(),
-		BlockReward:      s.getStateBigInt(big.NewInt(blockRewardLoc)),
-		BlockGasLimit:    s.getStateBigInt(big.NewInt(blockGasLimitLoc)).Uint64(),
-		NumChains:        uint32(s.getStateBigInt(big.NewInt(numChainsLoc)).Uint64()),
-		LambdaBA:         s.getStateBigInt(big.NewInt(lambdaBALoc)).Uint64(),
-		LambdaDKG:        s.getStateBigInt(big.NewInt(lambdaDKGLoc)).Uint64(),
-		K:                uint32(s.getStateBigInt(big.NewInt(kLoc)).Uint64()),
-		PhiRatio:         float32(s.getStateBigInt(big.NewInt(phiRatioLoc)).Uint64()) / phiRatioMultiplier,
-		NotarySetSize:    uint32(s.getStateBigInt(big.NewInt(notarySetSizeLoc)).Uint64()),
-		DKGSetSize:       uint32(s.getStateBigInt(big.NewInt(dkgSetSizeLoc)).Uint64()),
-		RoundInterval:    s.getStateBigInt(big.NewInt(roundIntervalLoc)).Uint64(),
-		MinBlockInterval: s.getStateBigInt(big.NewInt(minBlockIntervalLoc)).Uint64(),
-		FineValues:       s.FineValues(),
+		MinStake:          s.getStateBigInt(big.NewInt(minStakeLoc)),
+		LockupPeriod:      s.getStateBigInt(big.NewInt(lockupPeriodLoc)).Uint64(),
+		MiningVelocity:    float32(s.getStateBigInt(big.NewInt(miningVelocityLoc)).Uint64()) / decimalMultiplier,
+		NextHalvingSupply: s.getStateBigInt(big.NewInt(nextHalvingSupplyLoc)),
+		LastHalvedAmount:  s.getStateBigInt(big.NewInt(lastHalvedAmountLoc)),
+		BlockGasLimit:     s.getStateBigInt(big.NewInt(blockGasLimitLoc)).Uint64(),
+		NumChains:         uint32(s.getStateBigInt(big.NewInt(numChainsLoc)).Uint64()),
+		LambdaBA:          s.getStateBigInt(big.NewInt(lambdaBALoc)).Uint64(),
+		LambdaDKG:         s.getStateBigInt(big.NewInt(lambdaDKGLoc)).Uint64(),
+		K:                 uint32(s.getStateBigInt(big.NewInt(kLoc)).Uint64()),
+		PhiRatio:          float32(s.getStateBigInt(big.NewInt(phiRatioLoc)).Uint64()) / decimalMultiplier,
+		NotarySetSize:     uint32(s.getStateBigInt(big.NewInt(notarySetSizeLoc)).Uint64()),
+		DKGSetSize:        uint32(s.getStateBigInt(big.NewInt(dkgSetSizeLoc)).Uint64()),
+		RoundInterval:     s.getStateBigInt(big.NewInt(roundIntervalLoc)).Uint64(),
+		MinBlockInterval:  s.getStateBigInt(big.NewInt(minBlockIntervalLoc)).Uint64(),
+		FineValues:        s.FineValues(),
 	}
 }
 
@@ -1316,13 +1360,15 @@ func (s *GovernanceStateHelper) Configuration() *params.DexconConfig {
 func (s *GovernanceStateHelper) UpdateConfiguration(cfg *params.DexconConfig) {
 	s.setStateBigInt(big.NewInt(minStakeLoc), cfg.MinStake)
 	s.setStateBigInt(big.NewInt(lockupPeriodLoc), big.NewInt(int64(cfg.LockupPeriod)))
-	s.setStateBigInt(big.NewInt(blockRewardLoc), cfg.BlockReward)
+	s.setStateBigInt(big.NewInt(miningVelocityLoc), big.NewInt(int64(cfg.MiningVelocity*decimalMultiplier)))
+	s.setStateBigInt(big.NewInt(nextHalvingSupplyLoc), cfg.NextHalvingSupply)
+	s.setStateBigInt(big.NewInt(lastHalvedAmountLoc), cfg.LastHalvedAmount)
 	s.setStateBigInt(big.NewInt(blockGasLimitLoc), big.NewInt(int64(cfg.BlockGasLimit)))
 	s.setStateBigInt(big.NewInt(numChainsLoc), big.NewInt(int64(cfg.NumChains)))
 	s.setStateBigInt(big.NewInt(lambdaBALoc), big.NewInt(int64(cfg.LambdaBA)))
 	s.setStateBigInt(big.NewInt(lambdaDKGLoc), big.NewInt(int64(cfg.LambdaDKG)))
 	s.setStateBigInt(big.NewInt(kLoc), big.NewInt(int64(cfg.K)))
-	s.setStateBigInt(big.NewInt(phiRatioLoc), big.NewInt(int64(cfg.PhiRatio*phiRatioMultiplier)))
+	s.setStateBigInt(big.NewInt(phiRatioLoc), big.NewInt(int64(cfg.PhiRatio*decimalMultiplier)))
 	s.setStateBigInt(big.NewInt(notarySetSizeLoc), big.NewInt(int64(cfg.NotarySetSize)))
 	s.setStateBigInt(big.NewInt(dkgSetSizeLoc), big.NewInt(int64(cfg.DKGSetSize)))
 	s.setStateBigInt(big.NewInt(roundIntervalLoc), big.NewInt(int64(cfg.RoundInterval)))
@@ -1333,7 +1379,6 @@ func (s *GovernanceStateHelper) UpdateConfiguration(cfg *params.DexconConfig) {
 type rawConfigStruct struct {
 	MinStake         *big.Int
 	LockupPeriod     *big.Int
-	BlockReward      *big.Int
 	BlockGasLimit    *big.Int
 	NumChains        *big.Int
 	LambdaBA         *big.Int
@@ -1351,7 +1396,6 @@ type rawConfigStruct struct {
 func (s *GovernanceStateHelper) UpdateConfigurationRaw(cfg *rawConfigStruct) {
 	s.setStateBigInt(big.NewInt(minStakeLoc), cfg.MinStake)
 	s.setStateBigInt(big.NewInt(lockupPeriodLoc), cfg.LockupPeriod)
-	s.setStateBigInt(big.NewInt(blockRewardLoc), cfg.BlockReward)
 	s.setStateBigInt(big.NewInt(blockGasLimitLoc), cfg.BlockGasLimit)
 	s.setStateBigInt(big.NewInt(numChainsLoc), cfg.NumChains)
 	s.setStateBigInt(big.NewInt(lambdaBALoc), cfg.LambdaBA)
diff --git a/core/vm/governance_abi.go b/core/vm/governance_abi.go
index 1b700ac32..f139ac7a8 100644
--- a/core/vm/governance_abi.go
+++ b/core/vm/governance_abi.go
@@ -47,20 +47,6 @@ const GovernanceABIJSON = `
   },
   {
     "constant": true,
-    "inputs": [],
-    "name": "blockReward",
-    "outputs": [
-      {
-        "name": "",
-        "type": "uint256"
-      }
-    ],
-    "payable": false,
-    "stateMutability": "view",
-    "type": "function"
-  },
-  {
-    "constant": true,
     "inputs": [
       {
         "name": "",
@@ -174,6 +160,20 @@ const GovernanceABIJSON = `
   {
     "constant": true,
     "inputs": [],
+    "name": "miningVelocity",
+    "outputs": [
+      {
+        "name": "",
+        "type": "uint256"
+      }
+    ],
+    "payable": false,
+    "stateMutability": "view",
+    "type": "function"
+  },
+  {
+    "constant": true,
+    "inputs": [],
     "name": "lambdaBA",
     "outputs": [
       {
@@ -388,6 +388,20 @@ const GovernanceABIJSON = `
   {
     "constant": true,
     "inputs": [],
+    "name": "nextHalvingSupply",
+    "outputs": [
+      {
+        "name": "",
+        "type": "uint256"
+      }
+    ],
+    "payable": false,
+    "stateMutability": "view",
+    "type": "function"
+  },
+  {
+    "constant": true,
+    "inputs": [],
     "name": "owner",
     "outputs": [
       {
@@ -401,6 +415,20 @@ const GovernanceABIJSON = `
   },
   {
     "constant": true,
+    "inputs": [],
+    "name": "lastHalvedAmount",
+    "outputs": [
+      {
+        "name": "",
+        "type": "uint256"
+      }
+    ],
+    "payable": false,
+    "stateMutability": "view",
+    "type": "function"
+  },
+  {
+    "constant": true,
     "inputs": [
       {
         "name": "",
@@ -781,10 +809,6 @@ const GovernanceABIJSON = `
         "type": "uint256"
       },
       {
-        "name": "BlockReward",
-        "type": "uint256"
-      },
-      {
         "name": "BlockGasLimit",
         "type": "uint256"
       },
diff --git a/core/vm/governance_test.go b/core/vm/governance_test.go
index 8566d6537..55d4ebb8b 100644
--- a/core/vm/governance_test.go
+++ b/core/vm/governance_test.go
@@ -112,6 +112,9 @@ func (g *GovernanceContractTestSuite) SetupTest() {
 
 	config := params.TestnetChainConfig.Dexcon
 	config.LockupPeriod = 1000
+	config.NextHalvingSupply = new(big.Int).Mul(big.NewInt(1e18), big.NewInt(2.5e9))
+	config.LastHalvedAmount = new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1.5e9))
+	config.MiningVelocity = 0.1875
 
 	g.config = config
 
@@ -598,9 +601,18 @@ func (g *GovernanceContractTestSuite) TestUpdateConfiguration() {
 	_, addr := g.newPrefundAccount()
 
 	input, err := abiObject.Pack("updateConfiguration",
-		new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e5)), big.NewInt(1000),
-		big.NewInt(1e18), big.NewInt(8000000), big.NewInt(6), big.NewInt(250), big.NewInt(2500),
-		big.NewInt(0), big.NewInt(667000), big.NewInt(4), big.NewInt(4), big.NewInt(600000), big.NewInt(900),
+		new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e5)),
+		big.NewInt(1000),
+		big.NewInt(8000000),
+		big.NewInt(6),
+		big.NewInt(250),
+		big.NewInt(2500),
+		big.NewInt(0),
+		big.NewInt(667000),
+		big.NewInt(4),
+		big.NewInt(4),
+		big.NewInt(600000),
+		big.NewInt(900),
 		[]*big.Int{big.NewInt(1), big.NewInt(1), big.NewInt(1)})
 	g.Require().NoError(err)
 
@@ -687,13 +699,13 @@ func (g *GovernanceContractTestSuite) TestConfigurationReading() {
 	g.Require().Equal(g.config.MinStake.String(), value.String())
 
 	// BlockReward.
-	input, err = abiObject.Pack("blockReward")
+	input, err = abiObject.Pack("miningVelocity")
 	g.Require().NoError(err)
 	res, err = g.call(addr, input, big.NewInt(0))
 	g.Require().NoError(err)
-	err = abiObject.Unpack(&value, "blockReward", res)
+	err = abiObject.Unpack(&value, "miningVelocity", res)
 	g.Require().NoError(err)
-	g.Require().Equal(g.config.BlockReward.String(), value.String())
+	g.Require().Equal(g.config.MiningVelocity, float32(value.Uint64())/decimalMultiplier)
 
 	// BlockGasLimit.
 	input, err = abiObject.Pack("blockGasLimit")
@@ -747,7 +759,7 @@ func (g *GovernanceContractTestSuite) TestConfigurationReading() {
 	g.Require().NoError(err)
 	err = abiObject.Unpack(&value, "phiRatio", res)
 	g.Require().NoError(err)
-	g.Require().Equal(g.config.PhiRatio, float32(value.Uint64())/phiRatioMultiplier)
+	g.Require().Equal(g.config.PhiRatio, float32(value.Uint64())/decimalMultiplier)
 
 	// NotarySetSize.
 	input, err = abiObject.Pack("notarySetSize")
@@ -1024,6 +1036,22 @@ func (g *GovernanceContractTestSuite) TestMiscVariableReading() {
 	g.Require().NoError(err)
 }
 
+func (g *GovernanceContractTestSuite) TestHalvingCondition() {
+	// TotalSupply 2.5B reached
+	g.s.MiningHalved()
+	g.Require().Equal(new(big.Int).Mul(big.NewInt(1e18), big.NewInt(3.25e9)).String(),
+		g.s.NextHalvingSupply().String())
+	g.Require().Equal(new(big.Int).Mul(big.NewInt(1e18), big.NewInt(0.75e9)).String(),
+		g.s.LastHalvedAmount().String())
+
+	// TotalSupply 3.25B reached
+	g.s.MiningHalved()
+	g.Require().Equal(new(big.Int).Mul(big.NewInt(1e18), big.NewInt(3.625e9)).String(),
+		g.s.NextHalvingSupply().String())
+	g.Require().Equal(new(big.Int).Mul(big.NewInt(1e18), big.NewInt(0.375e9)).String(),
+		g.s.LastHalvedAmount().String())
+}
+
 func TestGovernanceContract(t *testing.T) {
 	suite.Run(t, new(GovernanceContractTestSuite))
 }
diff --git a/dex/app_test.go b/dex/app_test.go
index f4cc2fd9a..c79dbc42c 100644
--- a/dex/app_test.go
+++ b/dex/app_test.go
@@ -494,9 +494,21 @@ func TestNumChainsChange(t *testing.T) {
 	// Update config in round 1 and height 1.
 	// Config will affect in round 3.
 	input, err := abiObject.Pack("updateConfiguration",
-		new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e4)), big.NewInt(2000),
-		big.NewInt(1e17), big.NewInt(9000000), big.NewInt(3), big.NewInt(500), big.NewInt(5000),
-		big.NewInt(1), big.NewInt(700000), big.NewInt(5), big.NewInt(5), big.NewInt(700000), big.NewInt(1000),
+		new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e4)),
+		big.NewInt(2000),
+		big.NewInt(0.1875*1e8),
+		big.NewInt(1e18),
+		big.NewInt(1e18),
+		big.NewInt(9000000),
+		big.NewInt(3),
+		big.NewInt(500),
+		big.NewInt(5000),
+		big.NewInt(1),
+		big.NewInt(700000),
+		big.NewInt(5),
+		big.NewInt(5),
+		big.NewInt(700000),
+		big.NewInt(1000),
 		[]*big.Int{big.NewInt(1), big.NewInt(1), big.NewInt(1)})
 	if err != nil {
 		t.Errorf("updateConfiguration abiObject pack error: %v", err)
@@ -686,7 +698,7 @@ func newTestDexonWithGenesis(allocKey *ecdsa.PrivateKey) (*Dexon, error) {
 
 	dex.APIBackend = &DexAPIBackend{dex, nil}
 	dex.governance = NewDexconGovernance(dex.APIBackend, dex.chainConfig, config.PrivateKey)
-	engine.SetConfigFetcher(dex.governance)
+	engine.SetGovStateFetcher(dex.governance)
 	dex.app = NewDexconApp(dex.txPool, dex.blockchain, dex.governance, db, &config)
 
 	return dex, nil
@@ -748,7 +760,7 @@ func prepareData(dex *Dexon, key *ecdsa.PrivateKey, startNonce, txNum int) (
 func prepareConfirmedBlockWithTxAndData(dex *Dexon, key *ecdsa.PrivateKey, data [][]byte, round uint64) (
 	Block *coreTypes.Block, err error) {
 	address := crypto.PubkeyToAddress(key.PublicKey)
-	numChains := dex.governance.GetConfigHelper(round).Configuration().NumChains
+	numChains := dex.governance.GetGovStateHelperAtRound(round).Configuration().NumChains
 	chainID := new(big.Int).Mod(address.Big(), big.NewInt(int64(numChains)))
 
 	for _, d := range data {
diff --git a/dex/backend.go b/dex/backend.go
index c7e0773ad..88cfa3033 100644
--- a/dex/backend.go
+++ b/dex/backend.go
@@ -160,7 +160,7 @@ func New(ctx *node.ServiceContext, config *Config) (*Dexon, error) {
 	dex.app = NewDexconApp(dex.txPool, dex.blockchain, dex.governance, chainDb, config)
 
 	// Set config fetcher so engine can fetch current system configuration from state.
-	engine.SetConfigFetcher(dex.governance)
+	engine.SetGovStateFetcher(dex.governance)
 
 	dMoment := time.Unix(config.DMoment, int64(0))
 	log.Info("DEXON Consensus DMoment", "time", dMoment)
diff --git a/dex/governance.go b/dex/governance.go
index ec029f2f1..0d5a7c926 100644
--- a/dex/governance.go
+++ b/dex/governance.go
@@ -68,7 +68,7 @@ func NewDexconGovernance(backend *DexAPIBackend, chainConfig *params.ChainConfig
 
 // DexconConfiguration return raw config in state.
 func (d *DexconGovernance) DexconConfiguration(round uint64) *params.DexconConfig {
-	return d.GetConfigHelper(round).Configuration()
+	return d.GetGovStateHelperAtRound(round).Configuration()
 }
 
 func (d *DexconGovernance) sendGovTx(ctx context.Context, data []byte) error {
@@ -136,7 +136,7 @@ func (d *DexconGovernance) ProposeCRS(round uint64, signedCRS []byte) {
 
 // NodeSet returns the current node set.
 func (d *DexconGovernance) NodeSet(round uint64) []coreCrypto.PublicKey {
-	s := d.GetConfigHelper(round)
+	s := d.GetGovStateHelperAtRound(round)
 	var pks []coreCrypto.PublicKey
 
 	for _, n := range s.QualifiedNodes() {
diff --git a/params/config.go b/params/config.go
index dda877548..46a5d863a 100644
--- a/params/config.go
+++ b/params/config.go
@@ -26,8 +26,8 @@ import (
 
 // Genesis hashes to enforce below configs on.
 var (
-	MainnetGenesisHash = common.HexToHash("0x4310c4984de8bf7ac1c509232d21511fae2cd73e8a1bb8365fe4e489042bc407")
-	TestnetGenesisHash = common.HexToHash("0x1fdd7ca7ccdd7c3a481f4162b8ca02a4db03859b4abaed96f7e259266d818a13")
+	MainnetGenesisHash = common.HexToHash("0xeffc8ddbc16ebd98411bb902290ba74a9cc699a4bd02652afecbf864ae542008")
+	TestnetGenesisHash = common.HexToHash("0xde641c0a52093329aaa5096ed19607243c98390285c5a4f4291c635b9f01301c")
 )
 
 var (
@@ -45,21 +45,23 @@ var (
 		ConstantinopleBlock: big.NewInt(0),
 		PetersburgBlock:     big.NewInt(0),
 		Dexcon: &DexconConfig{
-			GenesisCRSText:   "In DEXON, we trust.",
-			Owner:            common.HexToAddress("BF8C48A620bacc46907f9B89732D25E47A2D7Cf7"),
-			MinStake:         new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e5)),
-			LockupPeriod:     86400 * 3 * 1000,
-			BlockReward:      big.NewInt(1e18),
-			BlockGasLimit:    40000000,
-			NumChains:        4,
-			LambdaBA:         250,
-			LambdaDKG:        2500,
-			K:                0,
-			PhiRatio:         0.667,
-			NotarySetSize:    4,
-			DKGSetSize:       4,
-			RoundInterval:    600000,
-			MinBlockInterval: 900,
+			GenesisCRSText:    "In DEXON, we trust.",
+			Owner:             common.HexToAddress("BF8C48A620bacc46907f9B89732D25E47A2D7Cf7"),
+			MinStake:          new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e5)),
+			LockupPeriod:      86400 * 3 * 1000,
+			MiningVelocity:    0.1875,
+			NextHalvingSupply: new(big.Int).Mul(big.NewInt(1e18), big.NewInt(2.5e9)),
+			LastHalvedAmount:  new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1.5e9)),
+			BlockGasLimit:     40000000,
+			NumChains:         6,
+			LambdaBA:          250,
+			LambdaDKG:         2500,
+			K:                 0,
+			PhiRatio:          0.667,
+			NotarySetSize:     4,
+			DKGSetSize:        4,
+			RoundInterval:     600000,
+			MinBlockInterval:  1000,
 			FineValues: []*big.Int{
 				new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e4)),
 				new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e4)),
@@ -90,21 +92,23 @@ var (
 		ConstantinopleBlock: big.NewInt(0),
 		PetersburgBlock:     big.NewInt(0),
 		Dexcon: &DexconConfig{
-			GenesisCRSText:   "In DEXON, we trust.",
-			Owner:            common.HexToAddress("BF8C48A620bacc46907f9B89732D25E47A2D7Cf7"),
-			MinStake:         new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e5)),
-			LockupPeriod:     86400 * 3 * 1000,
-			BlockReward:      big.NewInt(1e18),
-			BlockGasLimit:    40000000,
-			NumChains:        6,
-			LambdaBA:         250,
-			LambdaDKG:        2500,
-			K:                0,
-			PhiRatio:         0.667,
-			NotarySetSize:    4,
-			DKGSetSize:       4,
-			RoundInterval:    600000,
-			MinBlockInterval: 900,
+			GenesisCRSText:    "In DEXON, we trust.",
+			Owner:             common.HexToAddress("BF8C48A620bacc46907f9B89732D25E47A2D7Cf7"),
+			MinStake:          new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e5)),
+			LockupPeriod:      86400 * 3 * 1000,
+			MiningVelocity:    0.1875,
+			NextHalvingSupply: new(big.Int).Mul(big.NewInt(1e18), big.NewInt(6e6)),
+			LastHalvedAmount:  new(big.Int).Mul(big.NewInt(1e18), big.NewInt(2e6)),
+			BlockGasLimit:     40000000,
+			NumChains:         6,
+			LambdaBA:          250,
+			LambdaDKG:         2500,
+			K:                 0,
+			PhiRatio:          0.667,
+			NotarySetSize:     4,
+			DKGSetSize:        4,
+			RoundInterval:     600000,
+			MinBlockInterval:  1000,
 			FineValues: []*big.Int{
 				new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e4)),
 				new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e4)),
@@ -126,21 +130,23 @@ var (
 		ConstantinopleBlock: big.NewInt(0),
 		PetersburgBlock:     big.NewInt(0),
 		Dexcon: &DexconConfig{
-			GenesisCRSText:   "In DEXON, we trust.",
-			Owner:            common.HexToAddress("BF8C48A620bacc46907f9B89732D25E47A2D7Cf7"),
-			MinStake:         new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e5)),
-			LockupPeriod:     86400 * 3 * 1000,
-			BlockReward:      big.NewInt(1e18),
-			BlockGasLimit:    40000000,
-			NumChains:        6,
-			LambdaBA:         400,
-			LambdaDKG:        10000,
-			K:                0,
-			PhiRatio:         0.667,
-			NotarySetSize:    21,
-			DKGSetSize:       13,
-			RoundInterval:    3600000,
-			MinBlockInterval: 900,
+			GenesisCRSText:    "In DEXON, we trust.",
+			Owner:             common.HexToAddress("BF8C48A620bacc46907f9B89732D25E47A2D7Cf7"),
+			MinStake:          new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e5)),
+			LockupPeriod:      86400 * 3 * 1000,
+			MiningVelocity:    0.1875,
+			NextHalvingSupply: new(big.Int).Mul(big.NewInt(1e18), big.NewInt(6e6)),
+			LastHalvedAmount:  new(big.Int).Mul(big.NewInt(1e18), big.NewInt(2e6)),
+			BlockGasLimit:     40000000,
+			NumChains:         6,
+			LambdaBA:          400,
+			LambdaDKG:         10000,
+			K:                 0,
+			PhiRatio:          0.667,
+			NotarySetSize:     21,
+			DKGSetSize:        13,
+			RoundInterval:     3600000,
+			MinBlockInterval:  1000,
 			FineValues: []*big.Int{
 				new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e4)),
 				new(big.Int).Mul(big.NewInt(1e18), big.NewInt(1e4)),
@@ -274,38 +280,43 @@ func (c *CliqueConfig) String() string {
 
 // DexconConfig is the consensus engine configs for DEXON consensus.
 type DexconConfig struct {
-	GenesisCRSText   string         `json:"genesisCRSText"`
-	Owner            common.Address `json:"owner"`
-	MinStake         *big.Int       `json:"minStake"`
-	LockupPeriod     uint64         `json:"lockupPeriod"`
-	BlockReward      *big.Int       `json:"blockReward"`
-	BlockGasLimit    uint64         `json:"blockGasLimit"`
-	NumChains        uint32         `json:"numChains"`
-	LambdaBA         uint64         `json:"lambdaBA"`
-	LambdaDKG        uint64         `json:"lambdaDKG"`
-	K                uint32         `json:"k"`
-	PhiRatio         float32        `json:"phiRatio"`
-	NotarySetSize    uint32         `json:"notarySetSize"`
-	DKGSetSize       uint32         `json:"dkgSetSize"`
-	RoundInterval    uint64         `json:"roundInterval"`
-	MinBlockInterval uint64         `json:"minBlockInterval"`
-	FineValues       []*big.Int     `json:"fineValues"`
+	GenesisCRSText    string         `json:"genesisCRSText"`
+	Owner             common.Address `json:"owner"`
+	MinStake          *big.Int       `json:"minStake"`
+	LockupPeriod      uint64         `json:"lockupPeriod"`
+	MiningVelocity    float32        `json:"miningVelocity"`
+	NextHalvingSupply *big.Int       `json:"nextHalvingSupply"`
+	LastHalvedAmount  *big.Int       `json:"lastHalvedAmount"`
+	BlockGasLimit     uint64         `json:"blockGasLimit"`
+	NumChains         uint32         `json:"numChains"`
+	LambdaBA          uint64         `json:"lambdaBA"`
+	LambdaDKG         uint64         `json:"lambdaDKG"`
+	K                 uint32         `json:"k"`
+	PhiRatio          float32        `json:"phiRatio"`
+	NotarySetSize     uint32         `json:"notarySetSize"`
+	DKGSetSize        uint32         `json:"dkgSetSize"`
+	RoundInterval     uint64         `json:"roundInterval"`
+	MinBlockInterval  uint64         `json:"minBlockInterval"`
+	FineValues        []*big.Int     `json:"fineValues"`
 }
 
 type dexconConfigSpecMarshaling struct {
-	MinStake    *math.HexOrDecimal256
-	BlockReward *math.HexOrDecimal256
-	FineValues  []*math.HexOrDecimal256
+	MinStake          *math.HexOrDecimal256
+	NextHalvingSupply *math.HexOrDecimal256
+	LastHalvedAmount  *math.HexOrDecimal256
+	FineValues        []*math.HexOrDecimal256
 }
 
 // String implements the stringer interface, returning the consensus engine details.
 func (d *DexconConfig) String() string {
-	return fmt.Sprintf("{GenesisCRSText: %v Owner: %v MinStake: %v LockupPeriod: %v BlockReward: %v BlockGasLimit: %v NumChains: %v LambdaBA: %v LambdaDKG: %v K: %v PhiRatio: %v NotarySetSize: %v DKGSetSize: %v RoundInterval: %v MinBlockInterval: %v FineValues: %v}",
+	return fmt.Sprintf("{GenesisCRSText: %v Owner: %v MinStake: %v LockupPeriod: %v MiningVelocity: %v NextHalvingSupply: %v LastHalvedAmount: %v BlockGasLimit: %v NumChains: %v LambdaBA: %v LambdaDKG: %v K: %v PhiRatio: %v NotarySetSize: %v DKGSetSize: %v RoundInterval: %v MinBlockInterval: %v FineValues: %v}",
 		d.GenesisCRSText,
 		d.Owner,
 		d.MinStake,
 		d.LockupPeriod,
-		d.BlockReward,
+		d.MiningVelocity,
+		d.NextHalvingSupply,
+		d.LastHalvedAmount,
 		d.BlockGasLimit,
 		d.NumChains,
 		d.LambdaBA,
diff --git a/params/gen_dexcon_config.go b/params/gen_dexcon_config.go
index 4ec55c0c9..29ebf2eaf 100644
--- a/params/gen_dexcon_config.go
+++ b/params/gen_dexcon_config.go
@@ -15,29 +15,33 @@ var _ = (*dexconConfigSpecMarshaling)(nil)
 // MarshalJSON marshals as JSON.
 func (d DexconConfig) MarshalJSON() ([]byte, error) {
 	type DexconConfig struct {
-		GenesisCRSText   string                  `json:"genesisCRSText"`
-		Owner            common.Address          `json:"owner"`
-		MinStake         *math.HexOrDecimal256   `json:"minStake"`
-		LockupPeriod     uint64                  `json:"lockupPeriod"`
-		BlockReward      *math.HexOrDecimal256   `json:"blockReward"`
-		BlockGasLimit    uint64                  `json:"blockGasLimit"`
-		NumChains        uint32                  `json:"numChains"`
-		LambdaBA         uint64                  `json:"lambdaBA"`
-		LambdaDKG        uint64                  `json:"lambdaDKG"`
-		K                uint32                  `json:"k"`
-		PhiRatio         float32                 `json:"phiRatio"`
-		NotarySetSize    uint32                  `json:"notarySetSize"`
-		DKGSetSize       uint32                  `json:"dkgSetSize"`
-		RoundInterval    uint64                  `json:"roundInterval"`
-		MinBlockInterval uint64                  `json:"minBlockInterval"`
-		FineValues       []*math.HexOrDecimal256 `json:"fineValues"`
+		GenesisCRSText    string                  `json:"genesisCRSText"`
+		Owner             common.Address          `json:"owner"`
+		MinStake          *math.HexOrDecimal256   `json:"minStake"`
+		LockupPeriod      uint64                  `json:"lockupPeriod"`
+		MiningVelocity    float32                 `json:"miningVelocity"`
+		NextHalvingSupply *math.HexOrDecimal256   `json:"nextHalvingSupply"`
+		LastHalvedAmount  *math.HexOrDecimal256   `json:"lastHalvedAmount"`
+		BlockGasLimit     uint64                  `json:"blockGasLimit"`
+		NumChains         uint32                  `json:"numChains"`
+		LambdaBA          uint64                  `json:"lambdaBA"`
+		LambdaDKG         uint64                  `json:"lambdaDKG"`
+		K                 uint32                  `json:"k"`
+		PhiRatio          float32                 `json:"phiRatio"`
+		NotarySetSize     uint32                  `json:"notarySetSize"`
+		DKGSetSize        uint32                  `json:"dkgSetSize"`
+		RoundInterval     uint64                  `json:"roundInterval"`
+		MinBlockInterval  uint64                  `json:"minBlockInterval"`
+		FineValues        []*math.HexOrDecimal256 `json:"fineValues"`
 	}
 	var enc DexconConfig
 	enc.GenesisCRSText = d.GenesisCRSText
 	enc.Owner = d.Owner
 	enc.MinStake = (*math.HexOrDecimal256)(d.MinStake)
 	enc.LockupPeriod = d.LockupPeriod
-	enc.BlockReward = (*math.HexOrDecimal256)(d.BlockReward)
+	enc.MiningVelocity = d.MiningVelocity
+	enc.NextHalvingSupply = (*math.HexOrDecimal256)(d.NextHalvingSupply)
+	enc.LastHalvedAmount = (*math.HexOrDecimal256)(d.LastHalvedAmount)
 	enc.BlockGasLimit = d.BlockGasLimit
 	enc.NumChains = d.NumChains
 	enc.LambdaBA = d.LambdaBA
@@ -60,22 +64,24 @@ func (d DexconConfig) MarshalJSON() ([]byte, error) {
 // UnmarshalJSON unmarshals from JSON.
 func (d *DexconConfig) UnmarshalJSON(input []byte) error {
 	type DexconConfig struct {
-		GenesisCRSText   *string                 `json:"genesisCRSText"`
-		Owner            *common.Address         `json:"owner"`
-		MinStake         *math.HexOrDecimal256   `json:"minStake"`
-		LockupPeriod     *uint64                 `json:"lockupPeriod"`
-		BlockReward      *math.HexOrDecimal256   `json:"blockReward"`
-		BlockGasLimit    *uint64                 `json:"blockGasLimit"`
-		NumChains        *uint32                 `json:"numChains"`
-		LambdaBA         *uint64                 `json:"lambdaBA"`
-		LambdaDKG        *uint64                 `json:"lambdaDKG"`
-		K                *uint32                 `json:"k"`
-		PhiRatio         *float32                `json:"phiRatio"`
-		NotarySetSize    *uint32                 `json:"notarySetSize"`
-		DKGSetSize       *uint32                 `json:"dkgSetSize"`
-		RoundInterval    *uint64                 `json:"roundInterval"`
-		MinBlockInterval *uint64                 `json:"minBlockInterval"`
-		FineValues       []*math.HexOrDecimal256 `json:"fineValues"`
+		GenesisCRSText    *string                 `json:"genesisCRSText"`
+		Owner             *common.Address         `json:"owner"`
+		MinStake          *math.HexOrDecimal256   `json:"minStake"`
+		LockupPeriod      *uint64                 `json:"lockupPeriod"`
+		MiningVelocity    *float32                `json:"miningVelocity"`
+		NextHalvingSupply *math.HexOrDecimal256   `json:"nextHalvingSupply"`
+		LastHalvedAmount  *math.HexOrDecimal256   `json:"lastHalvedAmount"`
+		BlockGasLimit     *uint64                 `json:"blockGasLimit"`
+		NumChains         *uint32                 `json:"numChains"`
+		LambdaBA          *uint64                 `json:"lambdaBA"`
+		LambdaDKG         *uint64                 `json:"lambdaDKG"`
+		K                 *uint32                 `json:"k"`
+		PhiRatio          *float32                `json:"phiRatio"`
+		NotarySetSize     *uint32                 `json:"notarySetSize"`
+		DKGSetSize        *uint32                 `json:"dkgSetSize"`
+		RoundInterval     *uint64                 `json:"roundInterval"`
+		MinBlockInterval  *uint64                 `json:"minBlockInterval"`
+		FineValues        []*math.HexOrDecimal256 `json:"fineValues"`
 	}
 	var dec DexconConfig
 	if err := json.Unmarshal(input, &dec); err != nil {
@@ -93,8 +99,14 @@ func (d *DexconConfig) UnmarshalJSON(input []byte) error {
 	if dec.LockupPeriod != nil {
 		d.LockupPeriod = *dec.LockupPeriod
 	}
-	if dec.BlockReward != nil {
-		d.BlockReward = (*big.Int)(dec.BlockReward)
+	if dec.MiningVelocity != nil {
+		d.MiningVelocity = *dec.MiningVelocity
+	}
+	if dec.NextHalvingSupply != nil {
+		d.NextHalvingSupply = (*big.Int)(dec.NextHalvingSupply)
+	}
+	if dec.LastHalvedAmount != nil {
+		d.LastHalvedAmount = (*big.Int)(dec.LastHalvedAmount)
 	}
 	if dec.BlockGasLimit != nil {
 		d.BlockGasLimit = *dec.BlockGasLimit
diff --git a/test/genesis.json b/test/genesis.json
index c053120f5..ce3526883 100644
--- a/test/genesis.json
+++ b/test/genesis.json
@@ -1,7 +1,8 @@
 {
   "config": {
-    "chainId": 238,
+    "chainId": 237,
     "homesteadBlock": 0,
+    "daoForkBlock": 0,
     "daoForkSupport": true,
     "eip150Block": 0,
     "eip150Hash": "0x0000000000000000000000000000000000000000000000000000000000000000",
@@ -14,7 +15,9 @@
       "owner": "0xbf8c48a620bacc46907f9b89732d25e47a2d7cf7",
       "minStake": "0x152d02c7e14af6800000",
       "lockupPeriod": 259200000,
-      "blockReward": "0xde0b6b3a7640000",
+      "miningVelocity": 0.1875,
+      "nextHalvingSupply": "0x813f3978f89409844000000",
+      "lastHalvedAmount": "0x4d8c55aefb8c05b5c000000",
       "blockGasLimit": 40000000,
       "numChains": 6,
       "lambdaBA": 250,
@@ -24,7 +27,7 @@
       "notarySetSize": 4,
       "dkgSetSize": 4,
       "roundInterval": 600000,
-      "minBlockInterval": 900,
+      "minBlockInterval": 1000,
       "fineValues": [
         "0x21e19e0c9bab2400000",
         "0x21e19e0c9bab2400000",
@@ -96,5 +99,8 @@
         "url": "https://dexon.org"
       }
     }
-  }
+  },
+  "number": "0x0",
+  "gasUsed": "0x0",
+  "parentHash": "0x0000000000000000000000000000000000000000000000000000000000000000"
 }
diff --git a/test/keygen.go b/test/keygen.go
index b98d70751..e7441e146 100644
--- a/test/keygen.go
+++ b/test/keygen.go
@@ -24,15 +24,7 @@ var preFundAddresss = []string{
 }
 
 func main() {
-	data, err := ioutil.ReadFile(genesisFile)
-	if err != nil {
-		panic(err)
-	}
-
-	genesis := new(core.Genesis)
-	if err := json.Unmarshal(data, &genesis); err != nil {
-		panic(err)
-	}
+	genesis := core.DefaultGenesisBlock()
 
 	// Clear previous allocation.
 	genesis.Alloc = make(map[common.Address]core.GenesisAccount)
@@ -71,7 +63,7 @@ func main() {
 		fmt.Printf("Created account %s\n", address.String())
 	}
 
-	data, err = json.MarshalIndent(genesis, "", "  ")
+	data, err := json.MarshalIndent(genesis, "", "  ")
 	if err != nil {
 		panic(err)
 	}
diff --git a/test/run_test.sh b/test/run_test.sh
index a2280cc7d..ccbdbf9fc 100755
--- a/test/run_test.sh
+++ b/test/run_test.sh
@@ -1,17 +1,9 @@
 #!/bin/bash
 
-if [ "$1" != "--testnet" ] && [ "$1" != "--taipei" ]; then
-  echo 'invalid network specified'
-  exit 1
-fi
-
-NETWORK="${1}"
-
-if [ "$2" == "--local" ]; then
-  NETWORK="${NETWORK} --bootnodes enode://0478aa13c91aa0db8e93b668313b7eb0532fbdb24f64772375373b14dbe326c238ad09ab4469f6442c9a9753f1275aeec2e531912c14a958ed1feb4ae7e227ef@127.0.0.1:30301"
-  # Start bootnode.
-  bootnode -nodekey keystore/bootnode.key --verbosity=9 > bootnode.log 2>&1 &
-fi
+NETWORK="--bootnodes enode://0478aa13c91aa0db8e93b668313b7eb0532fbdb24f64772375373b14dbe326c238ad09ab4469f6442c9a9753f1275aeec2e531912c14a958ed1feb4ae7e227ef@127.0.0.1:30301"
+GENESIS="genesis.json"
+# Start bootnode.
+bootnode -nodekey keystore/bootnode.key --verbosity=9 > bootnode.log 2>&1 &
 
 GDEX=../build/bin/gdex
 
@@ -34,10 +26,10 @@ let dmoment=`date +%s`+7
 # A standalone RPC server for accepting RPC requests.
 datadir=$PWD/Dexon.rpc
 rm -rf $datadir
-$GDEX --datadir=$datadir init genesis.json
+$GDEX --datadir=$datadir init ${GENESIS}
 $GDEX \
   ${NETWORK} \
-  --verbosity=4 \
+  --verbosity=3 \
   --gcmode=archive \
   --datadir=$datadir --nodekey=keystore/rpc.key \
   --rpc --rpcapi=eth,net,web3,debug \
@@ -52,11 +44,11 @@ $GDEX \
 for i in $(seq 0 3); do
   datadir=$PWD/Dexon.$i
   rm -rf $datadir
-  $GDEX --datadir=$datadir init genesis.json
+  $GDEX --datadir=$datadir init ${GENESIS}
   $GDEX \
     ${NETWORK} \
     --bp \
-    --verbosity=4 \
+    --verbosity=3 \
     --gcmode=archive \
     --datadir=$datadir --nodekey=keystore/test$i.key \
     --port=$((30305 + $i)) \