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Update parameters for feeds module

Proposal #7 on Band V3

Band V3 network: Day Nov 7 · Healthy

Typical fee 0.0008 BAND

Overview

Updated

Passed

Voting ended
Jun 1, 2025
Opened May 30, 2025
Submitted
May 30, 2025
May 30, 18:25 UTC
Deposit
1,000 BAND
Type
Feeds parameters

Proposed by band1256qq9eh…wgw84f

Votes

  • Yes 78.9M BAND
  • No 0 BAND
  • No with veto 0 BAND
  • Abstain 0 BAND

Description

Context

This proposal aims to update the grace_period parameter of the feeds module to 60 in order to cover more edge cases.

What it does

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

  1. Feeds parameters band.feeds.v1beta1 
    {
    "@type": "/band.feeds.v1beta1.MsgUpdateParams",
    "params": {
        "admin": "band1256qq9ehpglys4e43ncrtypltxfahl2gwgw84f",
        "grace_period": "60",
        "max_interval": "3600",
        "min_interval": "60",
        "price_quorum": "0.300000000000000000",
        "cooldown_time": "30",
        "max_current_feeds": "300",
        "power_step_threshold": "1000000000",
        "max_deviation_basis_point": "3000",
        "min_deviation_basis_point": "50",
        "max_signal_ids_per_signing": "25",
        "current_feeds_update_interval": "86400",
        "allowable_block_time_discrepancy": "60"
    },
    "authority": "band10d07y265gmmuvt4z0w9aw880jnsr700jrdn8wm"
}

How validators voted

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

Validator Vote When
B-Harvest Yes Jun 1, 09:38 UTC
LithiumDigital Yes May 31, 17:35 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.