Governance
Governance aims to enable the oracle network to do subjective decision making based on acceptions and rejections of the proposals. The proposals will be mostly around
- Acception or Rejection of Data soruces collections.
- Change in the parameters of the Validation layer.
It is quite important to whitelist of backlist the data sources to prevent any misinformation and DOS attacks.
Note - Updated governance parameters can be checked here.
Governance Parameters​
| Parameter | Description | Default value |
|---|---|---|
| Withdraw Lock Period | The number of epochs for which the RAZORs are locked after initiating withdraw | 1 |
| Max Alt Blocks | Maximum number of best proposed blocks to be considered for dispute | 5 |
| Max Commission | Maximum commission stakers can charge from delegators on their profits | 20 |
| Penalty Not Reveal Num | Percentage stake penalty to be given out for inactivity | 1000 |
| Grace Period | The number of epochs for which the staker wont be given inactivity penalties. Stakers inactive for more than grace period will be penalized | 8 |
| Max Age | Maximum age a staker can have | 100*10000 |
| Min Stake | Minimum amount of stake required to participate | 20000*(10**18) |
| Block Reward | Reward given to staker whose block is confirmed | 100*(10**18) |
| Escape Hatch Enabled | The default admin role can remove all the funds incase of emergency | true |
| MaxTolerance | Maximum percentage deviation allowed from medians for all collections | 1_000_000 |
| Epoch Limit For Update Commission | The number of epochs for which a staker cant change commission once set/change | 100 |
| Delta Commission | Maximum commission change a staker can do | 20 |
| Unstake Lock Period | The number of epochs for which the sRZRs are locked for calling unstake | 1 |
| Withdraw Initiation Period | The number of epochs where staker/delegator needs to initiate withdraw | 5 |
| Reset Unstake Lock Penalty | Percentage stake penalty from the locked amount for extending unstake lock incase withdrawInitiationPeriod was missed | 1 |
| Min Safe Razor | Minimum amount of stake required to become a staker | 10000*(10**18) |
| To Assign | Maximum number of collections that can be assigned to the staker | 5 |
| Buffer | Delay between states | 5 |
| SlashNums.bounty | Percent bounty from staker's stake to be received by the bounty hunter | 500_000 |
| SlashNums.burn | Percent RAZOR burn from staker's stake | 9_500_000 |
| SlashNums.keep | Percent from staker's stake to be kept by staker | 0 |