Timed events

Some proecess of the pallet are automated in such a way that at some point in the future (i.e. at a specific block number) an event will occure. One such event is the penalty timeout for account ID base entities and hash based entities.

Apart from this the pallet also has sale timeout events, voting timeout events and an automate feature to update the pallet base time.

If you would like to find out the specific values for said event occurrences please check out this.