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BAND $0.1826 down 0.01% Market cap $33.8M

Band parameters

75 rules in 11 groups, as the chain itself states them, read every hour

Band network: Day Nov 7 · Healthy

Typical fee 0.0004 BAND

Network

What identifies the chain, and what one block may hold.

Updated
Chain ID
The network's name, part of every transaction its wallets sign, so a transaction signed for another network can't be replayed here.
laozi-mainnet
Block size limit
The most a block may hold, its transactions included.
3 MB
3,000,000 bytes
Block gas limit
The most gas a block's transactions may use together. Each transaction says how much gas it may use, and pays for it.
50,000,000
Evidence window
How long proof that a validator signed twice can still be used to punish it. It must also be within the window in blocks.
2 days
Evidence window in blocks
How many blocks back proof of double signing can still be used. It must also be within the window in time.
100,000 blocks
Validator key type
The kind of key validators sign blocks with.
secp256k1

Staking

How stake is bonded and unbonded, how many validators make blocks, and what they may charge.

Updated
Unbonding time
How long undelegated tokens stay locked before they are back in the wallet. They earn nothing meanwhile, and can still be slashed for something the validator did before.
21 days
Active set size
The most validators that make blocks at once. The places go to the validators with the most stake; the rest wait outside the set and earn nothing.
53 validators
Minimum commission
The lowest commission a validator may charge on its delegators' rewards.
None
Unbondings at once
How many undelegations (or redelegations) one account may have under way with one validator at a time. Another has to wait until one of them ends.
7
Historical entries
How many recent blocks' validator sets the chain keeps, so other chains can check its blocks (IBC light clients).
10,000 blocks
Staking token
The token staked on the chain, by the name of its smallest unit.
uband
1 BAND is 1,000,000 uband

Slashing and jailing

What happens to a validator that stops signing blocks, or signs two at once.

Updated
Signing window
The stretch of recent blocks over which each validator's uptime is counted.
86,400 blocks
Minimum signed
The share of the signing window's blocks a validator must sign. Below it, the validator is jailed for downtime.
5%
Jailed after missing more than 82,080 of 86,400 blocks
Downtime jail
How long a validator jailed for downtime must wait before it may unjail itself. Its delegators earn nothing while it is jailed.
10 minutes
Downtime slash
The share of a validator's stake, its delegators' included, burned when it is jailed for downtime.
0.01%
Double-sign slash
The share of stake burned when a validator signs two different blocks at the same height. It is also banned for good (tombstoned).
5%

Governance

What it takes to put a proposal to a vote, and to pass it.

Updated
Minimum deposit
The deposit a proposal needs before voting starts. Anyone may add to it while the deposit period lasts.
1,000 BAND
Deposit on submitting
The share of the minimum deposit the proposer must put up when submitting a proposal.
None
Smallest top-up
The smallest deposit anyone may add to a proposal, as a share of the minimum deposit.
1%
Deposit period
How long a proposal has to reach its minimum deposit. One that doesn't is dropped without a vote.
5 days
Voting period
How long voting on a proposal lasts.
5 days
Quorum
The share of all staked tokens that must vote, whatever the option, for the result to count. Below it, the proposal fails.
40%
Pass threshold
The share of Yes needed to pass, counting every vote except Abstain.
50%
Veto threshold
If at least this share of the votes is No with Veto, the proposal fails whatever the other votes.
33.4%
Deposit burned on veto
Whether a vetoed proposal's deposit is burned rather than paid back: the penalty for spam or harmful proposals.
Yes
Deposit burned without quorum
Whether a proposal's deposit is burned when too few vote for the result to count.
No
Cancel penalty
The share of a proposal's deposit burned when its proposer withdraws it during the vote.
50%
Expedited deposit
The deposit an expedited proposal needs: a fast-tracked vote with a shorter voting period and a higher threshold.
5,000 BAND
Expedited voting period
How long an expedited vote lasts. One that doesn't pass in time becomes a regular proposal, and the vote goes on.
1 day
Expedited pass threshold
The share of Yes an expedited proposal needs to pass.
66.7%

Inflation

How new BAND is minted to pay stakers.

Updated
Inflation now
The yearly rate at which new tokens are minted now. It moves a little every block towards its target.
12.93%
Lowest inflation
The lowest the yearly inflation may go.
7%
Highest inflation
The highest the yearly inflation may go.
20%
Target staked share
The share of all tokens the chain aims to have staked. Inflation rises while less is staked and falls while more is.
67%
Inflation change a year
The most the inflation can move in a year towards its target.
13%
Blocks a year
The number of blocks the mint takes a year to have; it mints each block's share of the yearly inflation on that basis, so faster blocks mint more in a year.
31,557,600 blocks
Takes a block every 1 s

Distribution

How rewards are shared out before they reach validators and delegators.

Updated
Community tax
The share of every reward, minted tokens and fees alike, kept for the community pool, which governance spends.
2%
Rewards to another address
Whether a delegator may have its rewards paid to another address than the one it staked from.
Allowed

Fees

The least a transaction may pay.

Updated
Minimum gas price
The lowest gas price any transaction may offer, set for the whole network by governance. A transaction's fee is its gas times its price.
0.0025 uband per gas
A 200,000-gas transaction pays at least 0.0005 BAND

Transactions

Limits on what one transaction may carry.

Updated
Memo length
The longest memo a transaction may carry: the note exchanges use to tell their customers' deposits apart.
512 characters
Signatures per transaction
The most signatures one transaction may carry, multisig signers included.
7 signatures
Gas per transaction byte
Gas charged for each byte of a transaction, on top of what it does.
10

Oracle

Band's data requests: how many validators answer each one, and what an oracle that stops answering costs.

Updated
Oracle reward share
The share of block rewards set aside for validators whose oracle is active. A validator whose oracle is deactivated loses it.
70%
Oracle deactivation
How long a validator's oracle stays deactivated after it misses a report. The validator must then activate it again.
10 minutes
Validators per request
The most validators one data request may ask to report.
16 validators
Data sources per request
The most data sources one request's oracle script may call.
16
Sampling tries
How many times the chain draws validators for a request before it gives up.
3
Request expiry
How many blocks a request waits for its reports before it expires.
300 blocks
Request data size
The most data one request may send to its oracle script.
512 bytes
Report size
The most data one validator's report may hold.
512 bytes
Script gas
Gas charged to run an oracle script, before the gas for each validator asked.
50,000
Gas per validator asked
Gas charged for each validator a request asks to report.
0
Requests from other chains
Whether other chains may send data requests over IBC.
On

Price feeds

How validators submit prices, and how a symbol becomes a supported feed.

Updated
Supported feeds
The most symbols that can be supported feeds at once: the ones with the most signal from stakers.
300 feeds
Signal needed
The staked signal a symbol needs to become a supported feed; its update interval shortens with each further step of this size.
1,000 BAND
Shortest interval
The most often a feed's price is due, for the symbols with the most signal.
1 minute
Longest interval
The least often a feed's price is due.
1 hour
Price quorum
The share of validator power whose prices a feed needs before its price is set.
30%
Grace period
How late a validator's price may be after its interval before it counts as missed.
1 minute
Submission cooldown
How long a validator must wait between two prices for the same feed.
30 seconds
Allowed clock difference
How far a price's timestamp may be from the block's time.
1 minute
Smallest deviation
The smallest price move that makes a feed due early, for the feeds with the most signal.
0.5%
Largest deviation
The price move that makes a feed due early, for the feeds with the least signal.
30%
Feed list update
How often the list of supported feeds is drawn up again.
86,400 blocks
Symbols per signal
The most symbols one staker's signal may name.
25

Threshold signing

The groups of validators that sign Band's data together for other chains (TSS).

Updated
Signing reward share
The share of block rewards paid to the current signing group's members.
1%
Fee per signer
What a signing request pays each member that signs it.
0.000001 BAND
Inactive member penalty
How long a member that misses a signing is kept out of the group.
10 minutes
Shortest group change
The least time a change to a new signing group may take.
1 day
Longest group change
The most time a change to a new signing group may take.
7 days
Group size limit
The most members a signing group may have.
20 members
Group creation period
How many blocks a new group has to form.
43,200 blocks
Signing period
How many blocks members have to sign a request.
100 blocks
Signing attempts
How many times a request is tried with other members before it fails.
5

Recent changes

Values that changed since BitBasic began reading them on Nov 7, 2026, by a governance vote or an upgrade. Each is dated when it was first read, and counted once a second reading agrees.

No value has changed since Nov 7, 2026.