NetworkLockReductionInterval

Storage Plain v133 → current

Blocks between lock cost reductions.

Queried by: subnet ownersdevelopersanalytics

The Big Picture

If no subnets are created, the lock cost gradually decreases. NetworkLockReductionInterval controls how often this reduction happens. More frequent reductions = faster price decay during quiet periods.

Why This Matters

Waiting for subnet creation to get cheaper? Lock cost reduces every NetworkLockReductionInterval blocks (if no one creates a subnet). Plan your timing accordingly.

Example Scenario

Query NetworkLockReductionInterval() returns 14400 blocks (~8 hours). If no subnet is created for 8 hours, lock cost decreases toward the minimum.

Common Questions

How much does it reduce?: Typically a percentage of current cost. Exact formula depends on protocol parameters. Check current lock cost to see actual values.
Does creating a subnet reset this?: Yes, subnet creation typically increases lock cost. The reduction happens during periods of no activity.

Use Cases

Predict when subnet creation will get cheaper
Plan subnet creation timing for best price
Research network economics
Build lock cost prediction models
Understand subnet market dynamics

Purpose & Usage

Purpose

Control lock cost decay rate - how quickly subnet creation becomes cheaper.

Common Query Patterns

Single value query
Predict lock cost changes
Plan subnet creation timing

Stored Value

u64

Value in RAO (÷10⁹ for TAO)

RAO -> TAO (/ 10^9)

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 NetworkLockReductionInterval storage (no keys - plain value)
const result = await api.query
  [stringCamelCase("SubtensorModule")]
  [stringCamelCase("NetworkLockReductionInterval")]();
console.log("NetworkLockReductionInterval:", result.toHuman());

Runtime Info

View Source

Pallet: SubtensorModule
Storage Kind: Plain
First Version: v133
Current Version: v393

Back to SubtensorModule Storage