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  • Learn about cheqd
  • Getting Started
    • ♟️What is cheqd?
    • ✋What is Creds?
  • Decentralised Identity
    • 🟢Start here
    • What are DIDs?
      • What is a DID?
      • What is a DID method?
      • What is a Verifiable Data Registry?
    • What are Verifiable Credentials?
      • What is a Verifiable Credential?
      • Types of Verifiable Credential
        • JSON (JWT)
        • JSON-LD
        • AnonCreds (ZKCreds)
        • SD-JWT
      • What is a Verifiable Presentation?
    • What are DID-Linked Resources?
  • $CHEQ
    • 🟢Start here
    • 📈Tokenomics
      • Tokenomics: Part 1
      • Tokenomics: Part 2
      • Tokenomics: Part 3
      • Tokenomics: Part 4
      • Circulating Supply Explained
      • Network Parameters
    • ✍️Identity writes
    • ♻️Credential Payments
      • Verifier pays Issuer
      • Holder pays Issuer
  • Governance
    • 🟢Start here
      • Introduction to Governance
      • Introduction to Entropy
      • Governance Principles
        • Foundational Principles
        • General Principles
    • 📚Learn
      • 🍎Core concepts
        • Staking
        • Slashing
        • Validating
        • Voting
        • Community Pool
      • ✏️Terminology
      • 📖Glossary
    • 🍍How to Participate
      • How to stake
      • How to vote
      • Making Network Changes
        • Minor Network Changes
        • Major Network Changes
    • ⚡Advanced
      • What is a Liquidity Pool?
        • How do liquidity pools work?
        • How to take part in a Liquidity Pool
      • CHEQ-ERC20 wrapped token
        • Why did we decide on a bridge to Ethereum?
        • What is the Gravity Bridge?
        • Why did we decide to use the Gravity Bridge?
        • What other bridging options did we explore?
        • How to send tokens to Ethereum with Gravity Bridge
        • How to add CHEQ tokens to UniSwap Liquidity Pools
        • How to send CHEQ tokens from Ethereum to cheqd
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  1. $CHEQ
  2. Tokenomics

Network Parameters

Learn about the network parameters for cheqd

Variable
Current Value
Initial Genesis value (if different)
Type

Initial supply of $CHEQ

1,000,000,000

#, cheq

Initial inflation rate

1.00%

% decimal

Goal for bonded tokens

60%

% decimal

Maximum inflation

4.00%

% decimal

Minimum inflation

1.00%

% decimal

Maximum rate of inflation change per year

1.50%

% decimal

Blocks per year

5,256,000

6,311,520

#

Minimum deposit for governance proposal

8,000

#, cheq

Time for deposit to reach minimum deposit

604,800 (7 days)

seconds (= 1 week)

Voting period

432,000 (5 days)

604,800 (7 days)

seconds (= 5 days)

Quorum

33.34%

% decimal

Threshold

50.00%

% decimal

Veto

33.34%

% decimal

Unbonding Period

1,209,600

seconds (= 2 weeks)

Signed blocks per window

120,960

Blocks

Minimum signed blocks per window

0.5

Blocks

Slash infraction for a double sign

5.00%

% decimal

Slash infraction for down time

1.00%

% decimal

Downtime jail duration

600

seconds

Fee

0.02

token

Gas

Variable

#, cheq

Gas-prices

Variable

#, cheq

Community tax

10.00%

2.00%

%

Base Proposer Reward

1.00%

%

Bonus Proposer Reward

4.00%

%

Withdraw add enabled

TRUE

bool

Last updated 8 months ago

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