This motion is a resubmission of [motion 97](https://phala.subsquare.io/council/motions/97) due to the wrong decimal in the `forceTransfer` call.

# Original Proposal

This motion will update the [Tokenomic Budget Balancer](https://docs.phala.network/compute-providers/basic-info/budget-balancer) used by Phala & Khala Network. It includes two operations: (1) point the permission to the upgraded budget balancer, and (2) force transfer the gas fee from the old balancer's contract held account to the new one.

The Tokenomic Budget Balander was upgraded to follow the upstream upgrade. Due to Subsquid deprecating the old API, the Subscan API is now used for block information queries, and the maximum value of the budget has been limited. The source code is available at https://github.com/Phala-Network/budget-balancer/commit/ff4f6d345faf57cfbabb89d66547eb3f6811a340.

- This is a proposal to update something called the Tokenomic Budget Balancer used by Phala & Khala Network.
- It has two parts: (1) point to the new budget balancer, and (2) transfer the gas fee from the old one to the new one.
- The budget balancer was upgraded to follow a new upgrade, and the maximum value of the budget has been limited.
- The source code for the upgrade is available at a website called GitHub.
- This is a resubmission of a previous proposal because of a mistake in the code.

#98·Retry: Upgrade Tokenomic Balancer Phat Contract - motion #98

Original Proposal