Figment

Avalanche is a layer one protocol by Ava Labs that offers high-throughput, fast finality, and unprecedented decentralization.

Developers are able to launch their own public or private blockchains (called subnets), create and trade digital assets, and build scalable smart contracts and decentralized applications.

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Rewards Distributed automatically every block
Slashing No slashing penalties
Inflation Deflationary based on staking participation
Unbonding 21 days unbonding period
Compounding New delegation required

Optimizing Staking With Figment

Figment offers peace of mind to its customers and provides the most complete staking experience in the industry

EXPERIENCED & TRUSTED

EXPERIENCED & TRUSTED

Original testnet participant and maker of Hubble and DataHub for Avalanche.

Figment is a venture funded, registered Canadian company, based in Toronto. Canada offers stability, rule of law and clear crypto regulation.

FEATURES & BENEFITS

FEATURES & BENEFITS

Figment Prime and discounts available for large token holders. Contact us for more information.

Active participant in the Avalanche ecosystem.

SECURITY & SAFETY

SECURITY & SAFETY

The world’s most advanced physical IDC + multi-cloud staking infrastructure.

You maintain custody of your AVAX at all times.

Third-party custody solutions are available through our institutional partners. Contact us for more information.

COMPLIANCE

COMPLIANCE

Protected via industry-leading delegation agreement.

Looking to stake over 25,000 AVAX?

Get in touch with our team to discuss Prime customers advantages and unlock the full Figment experience

Avalanche FAQ

The AVAX token. 

AVAX tokens are rewarded for validating on the “default” subnet. Future subnets may reward validators and stakers in another asset. 

There will be no slashing on the default subnet. That being said, future subnets are able to set their own slashing penalties. 

You maintain custody of your AVAX at all times. There is no bonding or unbonding period. 

720 million.

At the base level, the AVAX token will be used for –

  • rewarding validators for validating on the default subnet
  • paying for transaction fees on the default subnet
  • creating a new subnet or blockchain
  • sending an asset to the X-Chain
  • on-chain governance participation

All validators on Avalanche must validate on the “default subnet”. 

This subnet consists of three chains:

  • Platform Chain – This chain stores the network metadata (i.e. what subnets and blockchains exist, who is validating what, etc.).
  • Exchange Chain – This chain supports asset creation and trading. 
  • Contract Chain – This chain is an Ethereum Virtual Machine instance that runs on Avalanche’s Avalanche consensus.

Outside of this requirement, validators are free to choose which subnets they want to validate on, and they do not have to run multiple nodes to validate on multiple subnets, unless it is a requirement by the subnet.

Additional Resources

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