# Genesis Settings & Parameters

This document gives a brief explanation of each of the main parameters found in a network's genesis.json. Some parameters have been omitted for brevity.

With the exception of Chain Params, the following parameters are changeable on-chain via governance.

# Chain Params

  • .genesis_time
    Genesis block timestamp. E.g. 2020-01-06T12:00:00Z
  • .chain_id
    ID of the current chain, E.g. FUND-Mainchain-MainNet-v1

# Auth Params

Auth parameters are changeable via governance

  • .app_state.auth.params.max_memo_characters
    The maximum number of characters allowed in a Tx memo, e.g. 256
  • .app_state.auth.params.tx_sig_limit
    The maximum number of permitted signatures on a multisig Tx. E.g. 7
  • .app_state.auth.params.tx_size_cost_per_byte
    The gas cost per byte for a Tx. E.g. 10

# Beacon Params

Beacon parameters are changeable via governance

  • .app_state.beacon.params.denom
    Denomination used for BEACON fees. E.g. nund
  • .app_state.beacon.params.fee_record
    Fee for recording BEACON timestamps, in params.denom, E.g. 1000000000
  • .app_state.beacon.params.fee_register
    One time fee for registering a BEACON with the network, in params.denom. E.g. 1000000000000

# Distribution Params

Distribution parameters are changeable via governance

  • .app_state.distribution.params.base_proposer_reward
    Additional % of fees etc. given to the block proposer as a bonus. E.g. 0.010000000000000000
  • .app_state.distribution.params.bonus_proposer_reward
    Additional % of fees etc. given to the block proposer, based on voting metrics calculated with each block. E.g. 0.040000000000000000
  • .app_state.distribution.params.community_tax
    A fixed % of fees sent to the community pool each block. The spending of community pool coins can be decided via governance. E.g. 0.020000000000000000

# Enterprise Params

Enterprise parameters are changeable via governance

  • .app_state.enterprise.params.decision_time_limit
    The time (in seconds) after which a raised Enterprise Purchase Order will automatically be rejected if no decision has been made. E.g. 259200
  • .app_state.enterprise.params.denom
    Denomination in which Enterprise FUND will be issued. E.g. nund
  • .app_state.enterprise.params.ent_signers
    Comma separated list of wallet addresses authorised to accept/reject Enterprise FUND Purchase Orders.
  • .app_state.enterprise.params.min_Accepts
    Minimum number of params.ent_signers required to make a decision on a Purchase Order.

# Governance Params

Governance parameters are changeable via governance

  • .app_state.gov.deposit_params.max_deposit_period
    Time in ns in which deposits are required to be made for a proposal. E.g. 1209600000000000 .app_state.gov.deposit_params.min_deposit
    Minumum deposit required in order for a proposal to be valid, and enter the voting period. E.g. 1000000000000nund
  • .app_state.gov.tally_params.quorum
    Minimum percentage of total stake needed to vote for a result to be considered valid. E.g. 0.400000000000000000
  • .app_state.gov.tally_params.threshold
    Minimum proportion of Yes votes for proposal to pass. E.g. 0.500000000000000000
  • .app_state.gov.tally_params.veto
    Minimum value of Veto votes to Total votes ratio for proposal to be vetoed. E.g. 0.334000000000000000
  • .app_state.gov.voting_params.voting_period Length of the voting period in ns. E.g. 1209600000000000

# Slashing Params

Slashing parameters are changeable via governance

  • .app_state.slashing.params.downtime_jail_duration
    Cooldown period in ns, after being jailed for downtime that a node cannot unjail. E.g. 600000000000
  • .app_state.slashing.params.min_signed_per_window
    min % of SignedBlocksWindow that must be signed in order to keep EV in pool of active EVs. Below this = jailed. E.g. 0.050000000000000000
  • .app_state.slashing.params.signed_blocks_window
    number of blocks to monitor for missed/double sign etc. E.g. 10000
  • .app_state.slashing.params.slash_fraction_double_sign
    % of stake to slash for double signing. E.g. 0.050000000000000000
  • .app_state.slashing.params.slash_fraction_downtime
    % of stakes to slash for downtime . E.g. 0.000100000000000000

# Staking Params

Staking parameters are changeable via governance

  • .app_state.staking.params.bond_denom
    Staking denomination. E.g. nund
  • .app_state.staking.params.historical_entries
    The n most recent historical entries are persisted. E.g. 3
  • .app_state.staking.params.max_entries
    max simultaneous entries for either unbonding delegation or redelegation (per pair/trio). E.g. 7
  • .app_state.staking.params.max_validators
    Maximum number of active validators in the current pool. E.g. 96
  • .app_state.staking.params.unbonding_time
    duration in ns unbonding takes to complete. E.g. 1814400000000000

# WRKChain Params

WRKChain parameters are changeable via governance

  • .app_state.wrkchain.params.denom
    Denomination used for WRKChain fees. E.g. nund
  • .app_state.wrkchain.params.fee_record
    Fee for recording WRKChain hashes, in params.denom, E.g. 1000000000
  • .app_state.wrkchain.params.fee_register
    One time fee for registering a WRKChain with the network, in params.denom. E.g. 1000000000000
Last Updated: 5/12/2020, 11:48:35 AM