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Chain State Values

What to do with ZAL
  • : the minimum balance required to have an active account on Bitzal Network. If your account balance drops below the minimum, your account will be reaped. Learn more about Accounts and the Existential Deposit requirement.

  • : the minimum contribution required to join a nomination pool and earn staking rewards for contributing to the security of the network. Learn more about nomination pools.

  • : register an on-chain identity

  • : create a proxy account.

  • : the minimum stake required to submit your intent to directly nominate validators.

  • : the minimum amount of ZAL required to become an active nominator and earn rewards, i.e. the minimum active bond. To increase the chance of earning staking rewards, your stake should not be less than the minimum stake among the active nominators, which is a dynamic threshold. If you have lesser ZAL than the minimum active nomination, please consider contributing to nomination pools. Learn more about becoming a nominator.

  • : you can create your own nomination pool.

Active Validator Count

The number of Bitzal validators in the active set is .

Block Hash Count

On Bitzal, the maximum number of block hashes retained on-chain at any given time is (which maps to seven hours given 6-second block times).

Bounty Curator Deposit

On Bitzal, the bounty curator deposit is calculated by multiplying the curator fee by the bounty curator deposit multiplier set to %. The deposit can range between a minimum of and a maximum of .

Bounty Deposit

The deposit to submit a bounty on Bitzal is .

Bounty Duration

A Bitzal bounty has a predetermined duration of days.

Conviction Voting Lock Period

One conviction voting lock period on Bitzal equals days.

Existential Deposit

The minimum number of tokens to keep an account alive on the Bitzal relay chain is .

Inactive Issuance

Bitzal's inactive issuance is in the era .

Index Deposit

The deposit to reserve an index on Bitzal is .

Maximum Number of Nominators

The maximum number of nominators on Bitzal is uncapped and the current value is .

Maximum Number of Proxies per Account

The maximum number of proxies per Bitzal account is . You can have the same proxy for multiple accounts.

Maximum Votes per Nominator

A nominator on Bitzal can select up to validators.

Minimum Active Bond

The minimum amount of tokens to nominate on Bitzal is .

Minimum Bond to Create a Nomination Pool

The minimum bond to create a Bitzal nomination pool is .

Minimum Bond to Join a Nomination Pool

The minimum bond to join a Bitzal nomination pool is .

Minimum Bond to Participate in Staking

The minimum bond to nominate on Bitzal is while the minimum amount to join a pool is .

Minimum Crowdloan contribution

The minimum amount to participate to a Bitzal crowdloan is .

Minimum Validator Bond

To start a validator instance on Bitzal, the minimum bond required is .

Minimum Validator Commission

The minimum commission a Bitzal Validator can set is %. This does not guarantee entry into the active set and earning rewards.

Multisig Deposit Base

The multisig deposit base on Bitzal is .

Multisig Deposit Factor

The multisig deposit factor on Bitzal is .

Nomination Pool Max Commission

The maximum commission that can be set for a Bitzal nomination pool is %.

Nomination Pool Members

There are currently members in Bitzal nomination pools. There is no limit to the number of pools or pool members per pool.

TrueGov Referendum Timeout

A Bitzal referendum is timeout for not submitting the Decision Deposit within days since its creation.

TrueGov Submission Deposit

A deposit of is needed to submit a referendum on Bitzal.

Synochain ID Registration Deposit

Reserving a ParaID on Bitzal requires a deposit of .

Synochain Genesis State Registration Deposit

Registering the genesis state and WASM code of a Bitzal synochain requires a deposit per byte.

Proxy Deposits

The creation of proxies on Bitzal requires a proxy deposit base of and a proxy deposit factor of that is multiplied by the number of proxies under the same proxied account.

In case of time-delayed proxies, there is an announcement deposit base of for announcing a call and an announcement deposit factor of for each proxy call.

Staking Miner Deposit and Reward

Staking miners on Bitzal are required to reserve a deposit to submit their solutions. The the deposit is the sum of a signed deposit base of , a signed deposit per byte of (a solution weighing 200KB would yield 200 x 0.0000097656 = 0.00195312 ZAL), and a signed deposit weight set to 0.

The signed reward base on Bitzal is which is a fixed amount.

Staking Miner Max Submissions

The maximum number of submission for a staking miner on Bitzal is .

Staking Reward Retention

Bitzal staking rewards are kept available for 84 eras. The following calculation can be used to approximate this length in days:

84 eras × 24 hours in a single era ÷ 24 hours in a day = 84 days

Total Issuance

Bitzal's total issuance is in the era .

Treasury Burn Factor

At the end of every spending period on Bitzal, % of the available funds are burned.

Treasury Spending Period

The spending period on Bitzal is currently days.

Unbonding Duration

The unbonding duration on Bitzal is set to days. This is calculated by taking the bonding duration (in eras), multiplying it by the length of a single era (in hours), and dividing by the hours in a day (24). Example: 28 × 24 ÷ 24 = 28 days.