| description |
|---|
This page is intended to list the current network parameter configurations. These are liable to change through governance processes, and can be double checked using the instructions below. |
{% hint style="info" %} This page reflects the runtime file of the chain viewable at Github, which is the final source of authority. You can also use the Polkadot.js apps to confirm the current value of these parameters on a testnet or mainnet at Chain State tab > Constants > Select Parameter {% endhint %}
| Parameter | Value | Description |
|---|---|---|
| Reaping Threshold | 0.001 EDG | The minimum EDG required in the account balance to create or maintain an account. |
| Transaction Minimum | 1e-18 | The Min. amount you can send to an Edgeware Address. |
| Parameter | Value |
|---|---|
| Consensus Mechanism | AURA |
| Finality Gadget | GRANDPA |
Exact Runtime code specifying constants related to block time and production.
| Edgeware | Time | Slots* |
|---|---|---|
| Block | 6 seconds | 1 |
| Epoch | 60 minutes | 600 |
| Session | 60 minutes (600 Blocks) | 600 |
| Era | 6 hours (6 sessions) | 3600 |
{% hint style="info" %} This code is from https://github.com/hicommonwealth/edgeware-node/blob/master/node/runtime/src/constants.rs
It may be out of date on this page, refer to the link above for most up to date runtime data. {% endhint %}
pub const MILLISECS_PER_BLOCK: Moment = 6000;
pub const SECS_PER_BLOCK: Moment = MILLISECS_PER_BLOCK / 1000;
pub const SLOT_DURATION: Moment = MILLISECS_PER_BLOCK;
// 1 in 4 blocks (on average, not counting collisions) will be primary BABE blocks.
pub const PRIMARY_PROBABILITY: (u64, u64) = (1, 4);
pub const EPOCH_DURATION_IN_BLOCKS: BlockNumber = 1 * HOURS;
pub const EPOCH_DURATION_IN_SLOTS: u64 = {
const SLOT_FILL_RATE: f64 = MILLISECS_PER_BLOCK as f64 / SLOT_DURATION as f64;
(EPOCH_DURATION_IN_BLOCKS as f64 * SLOT_FILL_RATE) as u64
};
// These time units are defined in number of blocks.
pub const MINUTES: BlockNumber = 60 / (SECS_PER_BLOCK as BlockNumber);
pub const HOURS: BlockNumber = MINUTES * 60;
pub const DAYS: BlockNumber = HOURS * 24;
{% embed url="https://github.com/hicommonwealth/edgeware-node/blob/master/node/runtime/src/constants.rs" caption="" %}
| Parameter | Value | Description |
|---|---|---|
| Validator Slots | 110 | The total number of slots for active validation. |
| Validator Bonding Duration | 28 hours | How long until you can unbond your funds after staking |
| Slash Deferral Duration | 28 Eras (7 days) | Prevents overslashing and validators "escaping" and getting their nominators slashed with no repercussions to themselves |
| Slash Cancellation Vote | Requires 3/4 of Council to Approve | |
| Validator Term Duration | The time for which a validator is in the set after being elected. Note, this duration can be shortened in the case that a validator misbehaves. | |
| Nomination Period | Countdown until a new validator set is elected according to Phragmen's method. |
| Parameter | Value | Description |
|---|---|---|
| Launch Period | 7 days | How long the public can select which proposal to hold a referendum on. i.e., Every week, the highest-weighted proposal will be selected to have a referendum |
| Voting Period | 7 days | How long the public can vote on a referendum. |
| Enactment Delay | 8 days | Time it takes for a successful referendum to be implemented on the network. |
| Passing Vote Criteria | Supermajority to pass | |
| Fast Track Voting Period | 3 days | Minimum voting period allowed for an emergency referendum. |
| Veto | Not active | |
| Proposal Cancellation Vote | 2/3 of council to Approve Cancellation | |
| Cool-off Period after Proposal Cancellation | 7 days | The time a veto from the technical committee lasts before the proposal can be submitted again. |
| Min. EDG Deposit to Vote | 100 EDG |
Vote Weighting by Lock Time
The schedule of weight boosts on a quadratic curve - meaning that exponentially increasing locktimes are required to achieve lesser proportional boosts in weight.
| Vote Weight | Locktime |
|---|---|
| 0.1x | None |
| 1x | 1x Enactment Period (8 days) |
| 2x | 2x Enactment Period (16 days) |
| 3x | 4x Enactment Period (32 days) |
| 4x | 8x Enactment Period (64 days) |
| 5x | 16x Enactment Period (128 days) |
| 6x | 32x Enactment Period (256 days) |
| Parameter | Value | Description |
|---|---|---|
| Term Duration | 28 days | The length of a council member's term until the next election round. A new councilperson is elected every 28 days based on the Phragmen algorithm. If the term duration is changed the current term is affected when BlockNumber % TermDuration ==0, upon which a new council (or councilperson?) will be selected. |
| Candidacy Bond | 1000 EDG | The amount a user must bond to submit their candidacy. |
| Voting Bond | 10 EDG | The amount of EDG that a voter must lock to vote for Council. |
| Council Member Slots | 13 members | The size of the council. |
| Runners-up Slots | 7 members | The number of slots that will be displayed as a runner-up. |
| Council Voting Period | ?? | The council's voting period for motions. |
****
| Parameter | Value | Description |
|---|---|---|
| Budgeting Period | 7 days | When the treasury can spend again after spending previously. |
| Proposal Bond | 5% and minumum 1000 EDG | The amount required to bond in order to propose a treasury spend. If approved, it is returned, if the proposal fails, it is burnt. |
| Burn unspent treasury funds | Off | This deactivates a burn of all unspent treasury funds at the end of a budgeting period. |
****
| Parameter | Value | Description |
|---|---|---|
| Signaling Period | 7 days | The length of time a signal proposal is active for engagement. |
| Signaling Proposal Bond | 100 EDG | The amount of EDG required to bond to submit a signaling proposal. |
| Parameter | Value | Description |
|---|---|---|
| Required Bond Per Identity | 10 EDG | Bond required to store IDs on-chain. |
| Required Bond Per Each Additional Identity Field | 2.5 EDG | Bond required to store additional IDs on-chain Beyond Legal Name. |
| Sub-Account Deposit | 2 EDG | Amount required to deposit in order to create a sub account. |
| Maximum Sub-Accounts | 100 | The maximum number of sub account an account may have. |
| Parameter | Value (Units) | Description |
|---|---|---|
| Minimum Inflation | .025 | The min. inflation rate the system will permit. |
| Maximum Inflation |
<b></b> 0.1 |
The max. inflation rate the system will permit. |
| Ideal Staking Rate | 0.8 | The ideal proportion of EDG tokens staked compared to total EDG supply. |
| Falloff (Decay) Rate |
<b></b> 0.05 |
The decay rate on inflation when the actual staking rate becomes greater than the ideal staking rate. |
| Max Piece Count | 40 | |
| Test Precision | 0.005 | |
| Ideal Interest Rate | 12.5% | The ideal returns that an individual validator earns. |
| Parameter | Value | Description |
|---|---|---|
| Contract Transfer Fee | 0.10 EDG | **** |
| Contract Creation Fee | 0.10 EDG | **** |
| Contract Transaction Base Fee | 0.10 EDG | **** |
| Contract Transaction Byte Fee | 0.001 EDG | **** |
| Contract Fee | 0.10 EDG | **** |
| Tombstone Deposit | 1 EDG | **** |
| Rent Byte Fee | 1 EDG | **** |
| Rent Deposit Offset | 1000 EDG | **** |
| Surcharge Reward | 150 EDG |
| Parameter | Value |
|---|---|
| Council Members | 1 Member at time of Genesis (Commonwealth Labs 0x02456...) |
| Identity Attestation Provider | 1 Verifier at time of Genesis (Commonwealth Labs 0x92c32...) |
****