Parameters
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.
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

Text
Text
Text
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
It may be out of date on this page, refer to the link above for most up to date runtime data.
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pub const MILLISECS_PER_BLOCK: Moment = 6000;
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pub const SECS_PER_BLOCK: Moment = MILLISECS_PER_BLOCK / 1000;
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pub const SLOT_DURATION: Moment = MILLISECS_PER_BLOCK;
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// 1 in 4 blocks (on average, not counting collisions) will be primary BABE blocks.
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pub const PRIMARY_PROBABILITY: (u64, u64) = (1, 4);
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pub const EPOCH_DURATION_IN_BLOCKS: BlockNumber = 1 * HOURS;
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pub const EPOCH_DURATION_IN_SLOTS: u64 = {
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const SLOT_FILL_RATE: f64 = MILLISECS_PER_BLOCK as f64 / SLOT_DURATION as f64;
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(EPOCH_DURATION_IN_BLOCKS as f64 * SLOT_FILL_RATE) as u64
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};
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// These time units are defined in number of blocks.
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pub const MINUTES: BlockNumber = 60 / (SECS_PER_BLOCK as BlockNumber);
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pub const HOURS: BlockNumber = MINUTES * 60;
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pub const DAYS: BlockNumber = HOURS * 24;
Copied!
edgeware-node/constants.rs at master · hicommonwealth/edgeware-node
GitHub

Staking

Text
Text
Text
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

Text
Text
Text
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.
****

Treasury

Text
Text
Text
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.
****

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...)
****
Last modified 1d ago