Protocol parameters

Scope and units

These governance-controlled values were read from GovernanceParams on Real Testnet, chain 117711, block 4503, on 17 September 2026. They describe that snapshot, not promised production settings. USD amounts use 18 decimal places internally; ASSET amounts use native-token base units with 18 decimals. Ratios use 18-decimal fixed-point values (WAD); durations are stored as seconds.

The contract reference identifies GovernanceParams and its timelock. To reproduce a read, call getUint(bytes32) with the key encoded as a right-zero-padded ASCII string, not a hash. The tables show human-readable conversions.

Marginal collateral tiers

Aggregate role notional	Rate on that band	Parameter keys
First $1M	5%	TIER_BOUND_1 / TIER_RATE_1
Above $1M through $10M	3.5%	TIER_BOUND_2 / TIER_RATE_2
Above $10M through $100M	2.5%	TIER_BOUND_3 / TIER_RATE_3
Above $100M	1.5%	TIER_RATE_4

Each band applies only to the notional inside it. A $20M portfolio requires $615,000 of collateral before other constraints; see worked examples.

Health and enforcement

Setting	Testnet value	Key
Normal health threshold	100% of required collateral	HEALTH_NORMAL
Inactive threshold	Below 40% of required collateral	HEALTH_INACTIVE
Jail / long jail	7 / 30 days	JAIL_DURATION / LONGJAIL_DURATION
Provisional-penalty challenge window	7 days	PENALTY_CHALLENGE_WINDOW
Dispute bond floor	100,000 ASSET	BOND_FLOOR
Entity ban duration	1,825 days (five 365-day years)	ENTITY_BAN

The bond floor is a minimum, not the price of every dispute. Calculated bonds, assessed penalties, available collateral, and collected amounts are different quantities. The ban setting is finite, rather than “permanent.”

Scoring, insurance, and exit

Setting	Testnet value	Key
Minimum eligible scoring sample	30	CALIBRATION_MIN_N
Brier standard-error multiplier	2	BRIER_SE_MULT
Cohort window / prediction cadence	90 / 90 days	CALIBRATION_WINDOW / PD_CADENCE
Forward outcome horizon	365 days	PD_HORIZON
IV payout / nonpayment windows	48 hours / 30 days	IV_PAYOUT_WINDOW / IV_NONPAYMENT_WINDOW
TV / SV exit notice	90 / 90 days	NOTICE_TV / NOTICE_SV
Minimum IV exit notice	180 days	NOTICE_IV_MIN
Treasury delegation enabled	No (0)	DELEGATION_ENABLED
Minimum delegation tranche	10,000 ASSET	DELEGATION_MIN_AMOUNT
Treasury undelegation period	28 days	DELEGATION_UNBONDING_PERIOD

Notice expiry is not an unconditional withdrawal date. Liabilities and reservations can retain collateral beyond it, including through a long-lived asset's maturity. The treasury period does not apply to every self-funded operator withdrawal.

Rewards

Setting	Testnet value	Key
Annual reward-pool parameter	25,000,000 ASSET	REWARD_POOL_ANNUAL
Epoch duration	3 hours	EPOCH_LENGTH
Conditional role floor	20%	ROLE_FLOOR_PCT
Minimum validators for a role floor	3	FLOOR_MIN_VALIDATORS
Minimum role notional for a floor	$5M	FLOOR_MIN_NOTIONAL

The annual parameter is an allocation input, not proof of funded rewards or a yield promise. Finalization checks funding and eligibility. The source seed at revision 8a880c2 sets a one-day epoch; the live testnet snapshot instead reports 10,800 seconds. Other values listed above match the corresponding seed values.

Oracle guards

Setting	Testnet value	Key
Maximum price age	7 days	MAX_PRICE_AGE
Maximum ordinary update step	20%	MAX_PRICE_STEP
Minimum ordinary update interval	1 hour	PRICE_SET_COOLDOWN

These guards constrain the authorized setter. They do not verify the source price or guarantee an update schedule. Governance can force a price update through the timelock. See price dependencies.