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Testnet

Update Parameters for Testing Tunnel Router and Axelar routes

Proposal #5 on Band V3

Band V3 network: Day Nov 7 · Healthy

Typical fee 0.0008 BAND

Overview

Updated

Passed

Voting ended
May 4, 2025
Opened May 2, 2025
Submitted
May 2, 2025
May 2, 12:21 UTC
Deposit
1,000 BAND
Type
Tunnel parameters

Proposed by band1256qq9eh…wgw84f

Votes

  • Yes 47M BAND
  • No 0 BAND
  • No with veto 0 BAND
  • Abstain 0 BAND

Description

Context

This proposal aims to update the parameters for the BandChain Tunnel Router and Axelar routes.

What it does

The message the chain carries out if it passes, as written in the proposal.

  1. Tunnel parameters band.tunnel.v1beta1 
    {
    "@type": "/band.tunnel.v1beta1.MsgUpdateParams",
    "params": {
        "max_signals": "25",
        "min_deposit": [
            {
                "denom": "uband",
                "amount": "1000000000"
            }
        ],
        "max_interval": "3600",
        "min_interval": "60",
        "base_packet_fee": [
            {
                "denom": "uband",
                "amount": "500"
            }
        ],
        "max_deviation_bps": "3000",
        "min_deviation_bps": "50",
        "axelar_gmp_account": "axelar1dv4u5k73pzqrxlzujxg3qp8kvc3pje7jtdvu72npnt5zhq05ejcsn5qme5",
        "axelar_ibc_channel": "channel-4",
        "router_ibc_channel": "channel-2",
        "axelar_fee_recipient": "axelar1aythygn6z5thymj6tmzfwekzh05ewg3l7d6y89",
        "router_integration_contract": "router1v8evlcrtu4peer2fk5tnkau3qd0r0vtn8ll86qep4sgp89t6l9fqkvsue6"
    },
    "authority": "band10d07y265gmmuvt4z0w9aw880jnsr700jrdn8wm"
}

How validators voted

A validator's vote counts for its delegators unless they vote themselves. Largest stake first.

Validator Vote When
Active Nodes Yes May 2, 13:00 UTC
B-Harvest Yes May 2, 17:54 UTC
Stakeflow Yes May 2, 16:57 UTC
BitNordic Yes May 3, 18:00 UTC

Estimated: voting ended before BitBasic recorded who could vote, so "Did not vote" is from the validators BitBasic reckons were in the active set then.