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Chain Parameters

bwickchain modules are configured with specific parameters that govern the blockchain’s behavior. These parameters can be modified through governance proposals.

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Staking Parameters

Controls validator operations and delegation.
ParameterValueDescription
unbonding_time14 days (1,209,600s)Time to unbond staked tokens
max_validators100Maximum active validators
max_entries7Max unbonding/redelegation entries
historical_entries10000Historical entries for IBC
bond_denomubwickToken used for staking
min_commission_rate5% (0.05)Minimum validator commission

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Query Staking Params

bwickd query staking params --node https://rpc.bwick.fun

unbonding_time: 1209600s
max_validators: 100
max_entries: 7
historical_entries: 10000
bond_denom: ubwick
min_commission_rate: "0.050000000000000000"

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Slashing Parameters

Defines penalties for validator misbehavior.
ParameterValueDescription
signed_blocks_window10,000Blocks to track signing
min_signed_per_window5% (0.05)Minimum signing required
downtime_jail_duration10 minutes (600s)Jail time for downtime
slash_fraction_double_sign5% (0.05)Slash for double signing
slash_fraction_downtime1% (0.01)Slash for downtime

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Slashing Scenarios

Double Signing

Signing two different blocks at the same height results in:
  • 5% slash of staked tokens
  • Permanent tombstone (can’t rejoin validator set)

Downtime

Missing more than 95% of blocks in a window results in:
  • 1% slash of staked tokens
  • 10 minute jail (can unjail after)

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Query Slashing Params

bwickd query slashing params --node https://rpc.bwick.fun

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Governance Parameters

Controls proposal and voting mechanics.
ParameterValueDescription
min_deposit10 BWICK (10,000,000 ubwick)Minimum deposit for proposal
max_deposit_period2 days (172,800s)Time to reach min deposit
voting_period2 days (172,800s)Duration of voting
quorum33.4% (0.334)Minimum participation
threshold50% (0.5)Yes votes needed to pass
veto_threshold33.4% (0.334)NoWithVeto to reject

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Governance Process

Proposal Created
       │
       ▼
  ┌─────────────────┐
  │  Deposit Period │  ◀── 2 days to reach 10 BWICK
  │    (2 days)     │
  └────────┬────────┘
           │ (deposit reached)
           ▼
  ┌─────────────────┐
  │  Voting Period  │  ◀── Validators & delegators vote
  │    (2 days)     │
  └────────┬────────┘
           │
           ▼
  ┌─────────────────┐
  │    Tallying     │
  └────────┬────────┘
           │
     ┌─────┴─────┐
     ▼           ▼
  PASSED      REJECTED

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Query Governance Params

bwickd query gov params --node https://rpc.bwick.fun

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Distribution Parameters

Controls reward distribution.
ParameterValueDescription
community_tax2% (0.02)Tax sent to community pool
withdraw_addr_enabledtrueAllow custom withdraw address

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Reward Flow

Transaction Fees
       │
       ▼
┌──────────────────┐
│   Distribution   │
│     Module       │
└────────┬─────────┘
         │
    ┌────┴────┐
    ▼         ▼
Community   Validators
  Pool      & Delegators
  (2%)         (98%)

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Mint Parameters (ZERO INFLATION)

Critical: bwickchain has zero inflation. The mint module is effectively disabled.
ParameterValueDescription
mint_denomubwickDenomination to mint
inflation0Current inflation rate
inflation_min0Minimum inflation
inflation_max0Maximum inflation
inflation_rate_change0Inflation change rate
goal_bonded0Target bonded ratio
blocks_per_year6,311,520Expected blocks/year

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Verify Zero Inflation

bwickd query mint inflation --node https://rpc.bwick.fun
Expected output: 
0.000000000000000000
All mint parameters are set to zero, ensuring no new tokens are ever created. Validator rewards come entirely from transaction fees.

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Crisis Parameters

Controls the invariant checking mechanism.
ParameterValueDescription
constant_fee1,000 BWICKFee to trigger invariant check
The crisis module allows anyone to halt the chain if a critical invariant is violated (e.g., total supply mismatch). The high fee prevents abuse.

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Wasm Parameters

Controls CosmWasm smart contract operations.
ParameterValueDescription
code_upload_accessEverybodyWho can upload contracts
instantiate_default_permissionEverybodyWho can instantiate
max_wasm_code_size800 KBMaximum contract size

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Query Wasm Params

bwickd query wasm params --node https://rpc.bwick.fun

code_upload_access:
  permission: Everybody
  addresses: []
instantiate_default_permission: Everybody

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IBC Parameters

Inter-Blockchain Communication configuration.
ParameterValueDescription
allowed_clientsAllSupported IBC clients
max_expected_time_per_block30sBlock time for timeouts

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Active IBC Channels

# List all channels
bwickd query ibc channel channels --node https://rpc.bwick.fun

# List connections
bwickd query ibc connection connections --node https://rpc.bwick.fun

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Modifying Parameters

Parameters can be modified through governance proposals: 
# Create parameter change proposal
bwickd tx gov submit-proposal param-change proposal.json \
  --from my-key \
  --chain-id bwick-1

# Example proposal.json
{
  "title": "Update Min Commission Rate",
  "description": "Increase minimum validator commission to 10%",
  "changes": [
    {
      "subspace": "staking",
      "key": "MinCommissionRate",
      "value": "0.100000000000000000"
    }
  ],
  "deposit": "10000000ubwick"
}
Parameter changes require passing a governance vote. The voting period is 2 days and requires 33.4% quorum.