CNHO Stables

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Core Features and Parameters

• Blockchain Framework:
  Built on the Cosmos SDK, leveraging the modular and interoperable architecture of the Cosmos ecosystem.
• Token Details:
  • Token Name: CNHO
  • Token Denomination: CNHO
  • Minimum Unit: ucnho (micro CNHO)
  • Conversion: 1 CNHO = 1,000,000 ucnho
  • Initial Total Supply: 1.3 billion CNHO (1,300,000,000 CNHO)
• Node Capacity:
  The network supports up to 200 validator nodes, enabling decentralization while maintaining high throughput.

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Consensus and Network Parameters

• Consensus Mechanism:
  Uses Tendermint-based Byzantine Fault Tolerant (BFT) consensus with a set of elected validators responsible for block production and transaction finality.
• Block Time:
  Approximately 6 seconds per block to balance speed and network stability.
• Validators:
  • Active Validators: Around 40 active validators securing the network at any time.
  • Commission Rate: Varies from 5% to 15%, set by individual validators to cover operational costs and rewards.
• Staking:
  Token holders delegate CNHO to validators, securing the network and earning proportional staking rewards.
• Signed Block Window:
  The Signed Block Window is set to 20,000 blocks, meaning validator signing behavior is monitored over this window to determine their uptime and eligibility, affecting slashing and rewards.

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Reward and Governance Model

• Transaction Fees: Fees for transactions and operations paid in CNHO, distributed to validators and delegators.
• Block Rewards: Additional rewards issued as OFO governance tokens, approximately 2 OFO tokens rewarded per block.
• Governance:
  OFO tokens enable decentralized governance of protocol parameters and upgrades.

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Network Performance and Security

• Transaction Throughput: High TPS enabled by Cosmos SDK and Tendermint consensus.
• Network Security: High validator uptime (>99%) and slashing penalties promote validator reliability and security.

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Summary Table of Key Parameters