Controls dividend payout frequency.
Current Value
100Relevant for: subnet ownersstakersanalytics
The Big Picture
Subnet leases generate dividends for lease holders. This constant sets how often dividends are distributed - similar to a stock dividend frequency. Longer intervals mean larger, less frequent payouts; shorter intervals mean smaller, more frequent payouts.
Why This Matters
If you hold subnet leases, this tells you when to expect dividends. Budget and cash flow planning should account for this interval.
Example
With LeaseDividendsDistributionInterval of 7200 blocks (~24 hours), lease dividends are paid daily. If your lease generates 10 TAO/day, you receive 10 TAO every 24 hours rather than 0.42 TAO/hour.
Common Questions
- Are dividends automatic?
- Yes, they're distributed on-chain at each interval. No claim action needed; dividends appear in your balance automatically.
- What determines dividend amount?
- Subnet revenue, your lease share, and subnet economics. Check SubnetLease storage for your specific entitlement.
From Chain Metadata
Number of blocks between dividends distribution.
Use Cases
- Subnet leases
- Dividend distribution
Code Examples
import { ApiPromise, WsProvider } from "@polkadot/api";
import { stringCamelCase } from "@polkadot/util";
const provider = new WsProvider("wss://entrypoint-finney.opentensor.ai:443");
const api = await ApiPromise.create({ provider });
// Query LeaseDividendsDistributionInterval constant
const value = api.consts[stringCamelCase("SubtensorModule")][stringCamelCase("LeaseDividendsDistributionInterval")];
console.log("LeaseDividendsDistributionInterval:", value.toHuman());Type Information
- Type
- u32
- Byte Size
- 4 bytes
- Encoding
- fixed
- Raw Hex
- 0x64000000
Runtime Info
- Pallet
- SubtensorModule
- First Version
- v290
- Latest Version
- v290
- Current Runtime
- v393