Protocol Parameters
This page contains a listing of all the on-chain parameters for Pocket Network and their current values, as well as some relevant off-chain parameters.
These parameters are sorted by module. You can find a description of each parameter by clicking on the parameter name.
Parameter values
Application Module (details)
| Parameter | Value |
|---|---|
| ApplicationStakeMinimum | 1000000 |
| AppUnstakingTime | 1814000000000000 |
| BaseRelaysPerPOKT | 200000 |
| MaxApplications | 2295 |
| MaximumChains | 15 |
| ParticipationRateOn | false |
| StabilityAdjustment | 0 |
PoS (Node) Module (details)
| Parameter | Value |
|---|---|
| BlocksPerSession | 4 |
| DAOAllocation | 10 |
| DowntimeJailDuration | 3600000000000 |
| MaxEvidenceAge | 120000000000 |
| MaximumChains | 15 |
| MaxJailedBlocks | 37960 |
| MaxValidators | 1000 |
| MinSignedPerWindow | 0.600000000000000000 |
| ProposerPercentage | 5 |
| RelaysToTokensMultiplier | 485 |
| ServicerStakeFloorMultiplier | 15000000000 |
| ServicerStakeFloorMultiplierExponent | 1.000000000000000000 |
| ServicerStakeWeightCeiling | 60000000000 |
| ServicerStakeWeightMultiplier | 2.735000000000000000 |
| SignedBlocksWindow | 10 |
| SlashFractionDoubleSign | 0.000001000000000000 |
| SlashFractionDowntime | 0.000001000000000000 |
| StakeDenom | upokt |
| StakeMinimum | 15000000000 |
| UnstakingTime | 1814000000000000 |
Pocket Core Module (details)
| Parameter | Value |
|---|---|
| ClaimExpiration | 24 |
| ClaimSubmissionWindow | 3 |
| MinimumNumberOfProofs | 10 |
| ReplayAttackBurnMultiplier | 3 |
| SupportedBlockchains | See description |
| SessionNodeCount | 24 |
Auth Module (details)
| Parameter | Value |
|---|---|
| FeeMultipliers | 1 |
| MaxMemoCharacters | 75 |
| TxSigLimit | 8 |
Governance Module (details)
| Parameter | Value |
|---|---|
| ACL | See description |
| DAOOwner | a83172b67b5ffbfcb8acb95acc0fd0466a9d4bc4 |
| Upgrade | See description |
Off-chain parameters (details)
| Parameter | Value |
|---|---|
| ReturnOnInvestmentTarget | 24 months |
| USDRelayTargetRange | $0.00000361 per relay |
Application Module
These parameters control staked applications on the network.
ApplicationStakeMinimum
Current Value: 1000000
The minimum stake required of an app, denominated in StakeDenom. This does not have the same economic security requirements as a node’s minimum stake because an app’s access to the network (relay throughput) is already proportional to the stake.
AppUnstakingTime
Current Value: 1814000000000000
The time, in nanoseconds, that an app must wait after initiating an unstake before they can use the POKT for anything else.
BaseRelaysPerPOKT
Current Value: 200000
The number of relays that an app is entitled to for every POKT it stakes, multiplied by 100.
For example, if this parameter is 200000 then the throughput that apps are entitled to is 2,000 relays per POKT staked.
MaxApplications
Current Value: 2295
The number of staked applications that the protocol allows.
MaximumChains
Current Value: 15
An app can only be configured for up to this many chains on one stake.
ParticipationRateOn
Current Value: false
The protocol may adjust an application’s MaxRelays at the time of staking according to network-wide stake rates.
The ParticipationRate is a proposed tool to dynamically adjust maximum relays for applications without the intervention of the DAO as network usage changes. ParticipationRate would act as a proxy for utilization of the network and would adjust an application’s MaxRelays dynamically based on the growth or decline in network-wide stake rates.
The ParticipationRate is not currently implemented, and as such, ParticiapationRateOn is set to false.
StabilityAdjustment
Current Value: 0
The DAO may manually adjust an application’s MaxRelays at the time of staking to correct for short-term fluctuations in the price of POKT. When this parameter is set to 0, no adjustment is being made.
PoS (Node) Module
These parameters relate to staked nodes on the networ, including how rewards are calculated.
BlocksPerSession
Current Value: 4
The number of blocks allowed before a Session tumbles.
DAOAllocation
Current Value: 10
The DAO treasury earns this proportion of the total POKT block reward. Value is a percentage. See also ProposerPercentage for another beneficiary of the block reward.
DowntimeJailDuration
Current Value: 3600000000000
The amount of time (in nanoseconds) before a node can unjail and resume service.
MaxEvidenceAge
Current Value: 120000000000
The amount of time (in nanoseconds) a node has to submit their Tendermint evidence in memory before it expires.
MaximumChains
Current Value: 15
A node can only be configured for up to this many chains on one stake.
MaxJailedBlocks
Current Value: 37960
The amount of time (in blocks) a node has to unjail before being force unstaked and slashed.
Warning: Reaching MaxJailedBlocks will result in a node’s entire stake being slashed.
MaxValidators
Current Value: 1000
The number of staked nodes that are eligible to be selected for producing blocks. Any staked nodes outside of the top MaxValidators staked validators will still be eligible to service relays.
MinSignedPerWindow
Current Value: 0.600000000000000000
The minimum proportion of the SignedBlocksWindow that a node must sign to stay out of jail.
If SignedBlocksWindow is 10 and MinSignedPerWindow is 0.6, this means a node can miss up to 4 blocks out of every 10 blocks before it is jailed.
ProposerPercentage
Current Value: 5
Block proposers earn this proportion of the total POKT block reward. Value is a percentage. See also DAOAllocation for another beneficiary of the block reward.
RelaysToTokensMultiplier
Current Value: 485
The amount of POKT, denominated in StakeDenom, that is minted as block rewards per relay.
Note that this value will change over time. Please see the section on POKT inflation for more information.
ServicerStakeFloorMultiplier
Current Value: 15000000000
The “width” of a bin (in uPOKT) used when organizing nodes for Stake-Weighted Servicer Rewards.
All nodes with an amount of POKT staked that is both greater than the StakeMinimum and less than the value of this parameter will have the same reward multiplier. Nodes in subsequent multiples of this parameter (up to and including the ServicerStakeWeightCeiling) will have additionally higher reward multipliers.
ServicerStakeFloorMultiplierExponent
Current Value: 1.000000000000000000
Determines how rewards scale for each bin used when organizing nodes for Stake-Weighted Servicer Rewards.
A value of 1 will cause the reward multiplier of the bins to scale linearly. Values greater than 1 will lead to higher bins having a non-linear greater reward multiplier, while values less than 1 will lead to higher bins having a non-linear lower reward multiplier.
ServicerStakeWeightCeiling
Current Value: 60000000000
Denotes the minimum value (in uPOKT) of the top bin, used when organizing nodes for Stake-Weighted Servicer Rewards. Any node with an amount of staked POKT at or above this value will have the highest available reward multiplier. Staking any more POKT will not incur any greater rewards (except as a Validator).
ServicerStakeWeightMultiplier
Current Value: 2.735000000000000000
Offsets the increased reward emissions generated due to Stake-Weighted Servicer Rewards.
If the DAO determines that the amount of rewards generated is higher than desired, this will be set to an amount such that the reward multipliers of each of the bins are proportionally scaled down.
This parameter will likely change often due to its role in managing inflation.
SignedBlocksWindow
Current Value: 10
The number of consecutive blocks within which the MinSignedPerWindow proportion of blocks must be signed by a node to stay out of jail.
If SignedBlocksWindow is 10 and MinSignedPerWindow is 0.6, this means a node can miss up to 4 blocks out of every 10 blocks before it is jailed.
SlashFractionDoubleSign
Current Value: 0.000001000000000000
The % of a node’s stake that is burned for double signing, where 1 is 100%.
SlashFractionDowntime
Current Value: 0.000001000000000000
The % of a node’s stake that is burned for downtime, where 1 is 100%.
StakeDenom
Current Value: upokt
POKT amounts are defined by the protocol. Read more about POKT denominations.
StakeMinimum
Current Value: 15000000000
The minimum stake required of a node, denominated in StakeDenom, for the economic security of the protocol.
UnstakingTime
Current Value: 1814000000000000
The time, in nanoseconds, that a node must wait after initiating an unstake before they can use the POKT for anything else.
Pocket Core Module
These parameters control the logic that has to do with how the proof and claim cycles for servicers operate.
ClaimExpiration
Current Value: 24
The amount of time (in blocks) a node has to submit a proof for an already existing claim.
ClaimSubmissionWindow
Current Value: 3
The window of time (in Sessions) a node can submit a claimTx for RelayEvidence collected in the most recently ended session, before the claimTx expires. In addition, it is also the minimum amount of time a node must wait to submit a proof for an existing claim.
MinimumNumberOfProofs
Current Value: 10
The minimum number of relays a node must have for a claim and proof to be payable.
ReplayAttackBurnMultiplier
Current Value: 3
The multiplier slash factor for submitting a replay attack. The base slash is directly proportional to the amount of relays claimed.
SessionNodeCount
Current Value: 24
The number of nodes an app will be matched with in a session.
SupportedBlockchains
List of the RelayChainIDs for all of the supported blockchains.
Auth Module
These parameters control how transactions are constructed.
FeeMultipliers
Current Value: 1
The multiplier factor for each transaction type. The base transaction fee is universally set at 10,000 uPOKT.
MaxMemoCharacters
Current Value: 75
The character limit of transaction memos.
TxSigLimit
Current Value: 8
The maximum number of signatures that a multi-sig account can have.
Governance Module
These parameters control governance on the Pocket Network.
ACL
Access control list for updating the on-chain parameters. Currently all parameters are owned and managed by the DAOOwner address.
DAOOwner
Current Value: a83172b67b5ffbfcb8acb95acc0fd0466a9d4bc4
The account which has the permission to submit governance transactions on behalf of the DAO.
Upgrade
Current Value:
Height: 74616
Version: 0.9.1.1
OldUpgradeHeight: 74540
Features:
- MREL: 69232
- NCUST: 74620
- REDUP: 57620
- RSCAL: 69232
An object describing the details of a protocol upgrade, consisting of the following fields:
- Height: Specifies when the upgrade was applied
- Version: Version that the upgrade brought
- OldUpgradeHeight: Block height when the previous upgrade was last applied
- Features: List of feature flags and the block heights at which they should be activated
Off-Chain parameters
These parameters are not on-chain, but are relevant off-chain values that are targeted by the Pocket DAO.
ReturnOnInvestmentTarget
Current Value: 24 months
The desired time it takes for the USDRelayTargetRange price to be achieved, since the cost basis of a relay decreases over the lifetime of an app stake.
USDRelayTargetRange
Current Value: $0.00000361 per relay
The target price per relay after a certain amount of usage (equal to the ReturnOnInvestmentTarget. After usage for this amount of time, your cost per relay will equal this amount. This parameter is set by the DAO.