Genesis Parameters

[faddat]

Eve's genesis Parameters

Note: not every field is correctly named. Please update the field names as we come across the correct names.

The comet team is building out a really neat configuration reference manual that I think will be helpful in determing an ideal configuration for eve's genesis parameters:

• docs(config): Configuration reference manual cometbft/cometbft#2352

the parameters

Comet

max_bytes: 2000000
max_gas: 100000000

Cosmos-sdk

Parameters for the cosmos-sdk

Slashing

Goal: heavily penalize equivocation, while not even bothering to slash for downtime, but instead ensure that validators are removed from consensus to allow the chain to function ideally and reduce the risk of a halt.

slashing_jail_window: 1000 blocks
downtime slash: 0%
equivocation slash: 10%

Governance

Goal: minimize the role of governance on Eve, while ensuring that governance functions well for the few key activities where it's essential:

• chain upgrades
• community pool funding
• taxation (tax is initally set to zero)
• light client updates
• formation and dissolution of alliances
• onboarding and offboarding consumer chains

quorum: 40% of staked tokens must vote
pass threshold: 2/3rds yes
Veto: let's try to disable it, we don't need veto because the pass threshold is 2/3rds

Staking

• Minimum inflation = 10%

• Maximum inflation = 35%

• target_bonded_rate = 75%

• VALIDATORS: 300

• MINIMUM COMMISSION: 11.69420808%

• Eve has no maximum supply concept. She'll inflate over time, and that is fine. Track market cap, not unit price (duh)

Additional Configuration

Interchain accounts

We should attempt to block liquid staking chains that do not allow validator choice from connecting to Eve.

Stargeate Queries

If we feel that it is safe to do so, let's configure stargate queries as * to allow contract devleopers maximum configuratbility when using eve.

Block Time

Eve should attempt to make 2 second blocks. She won't always succeed, but the extra responsiveness will allow for a wide range of use cases that other chains cannot accomodate. It is perfectly reasonable to look into reducing block times to 1 second, but we should not spend a lot of time on that, and it may not be possible.

[alanwilhelm]

Looks fresh and clean. Will cosmwasm be completely open?

[faddat]

yep this is a totally permissionless cosmwasm chain. Please feel free to jump in to any of it with your thoughts :)