Parameters

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

Accounts and Transactions

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.

Consensus

Parameter	Value
Consensus Mechanism	AURA
Finality Gadget	GRANDPA

Time

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

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It may be out of date on this page, refer to the link above for most up to date runtime data.

    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;

https://github.com/hicommonwealth/edgeware-node/blob/master/node/runtime/src/constants.rs

Staking

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.

Democracy (Referenda)

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)

Council Elections

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.

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Treasury

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.

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Signaling

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.

Identity

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.

Economics

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.

Contract configuration

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

Genesis

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...)

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