Nicht-Konsens-steuerbare Parameter

Staking and fee parameters in the Avalanche platform
Staking and fee parameters in the Avalanche platform

Context

This figure appears in Section 3 (Platform Overview) of the Avalanche whitepaper, within the monetary policy and governance subsection describing how the platform manages its economic parameters without hardcoding them. It follows the description of Avalanche's built-in governance mechanism, which allows token holders to vote on changes to a predefined set of parameters within bounded time and magnitude limits.

What This Figure Shows

The figure presents a structured list of the governable parameters on the Avalanche platform, organized into three groups. The first group covers minting and supply parameters: the minting period, rate, and target rate, which together determine how new AVAX tokens are issued as rewards. The second group covers proof-of-stake parameters: the minimum staking amount, minimum and maximum staking duration, which set the boundaries for validator participation. The third group covers the fee structure, which specifies costs for each transaction type. Each parameter is subject to governance votes, but changes are constrained by per-parameter time and range bounds — preventing sudden large swings that could destabilize the network.

Significance

This figure makes explicit the boundary between the Avalanche consensus protocol (which is immutable) and the platform's economic parameters (which are governed). This separation ensures that governance cannot inadvertently break consensus safety while still allowing the platform to adapt its economic incentives to changing market conditions — a distinct approach to protocol evolution compared to both off-chain governance and unconstrained on-chain governance.

Related Glossary Terms

Other Figures from Avalanche