Governance Parameters
The following durations control windows of action for several governance processes on Tangle Network. These values will likely change as we approach mainnet.
Parameter | Duration (minutes) | Duration (days) |
---|---|---|
LaunchPeriod | 40320 | 28 |
VotingPeriod | 40320 | 28 |
FastTrackVotingPeriod | 4320 | 3 |
EnactmentPeriod | 43200 | 30 |
CooloffPeriod | 40320 | 28 |
Descriptions
LaunchPeriod
: Represents the duration of the launch period in real-world time.
VotingPeriod
: Represents the duration of the voting period in real-world time.
FastTrackVotingPeriod
: Represents the duration of the fast-track voting period in real-world time.
EnactmentPeriod
: Represents the duration of the enactment period in real-world time.
CooloffPeriod
: Represents the duration of the cool-off period in real-world time.
MinimumDeposit
: This parameter defines the minimum balance (measured in some unspecified unit) that must be deposited in some context. The value is 100 times the base UNIT.
MaxProposals
: This parameter limits the maximum number of proposals that can be active at any given time to 100.