The Keep Network enables privacy options for Ethereum applications and users. “Keeps” will hold small amounts of data in the secure, distributed Keep Network, includes two core applications.
|Rewards||Distributed automatically every block|
|Slashing||100% for double signing and 100% for 90 minutes of downtime|
|Inflation||18% of supply will be awarded to delegators|
|Unbonding||60 day unbonding period|
|Compounding||Rewards are automatically restaked|
Figment offers peace of mind to its customers and provides the most complete staking experience in the industry
Figment is a venture funded, registered Canadian company based in Toronto. Canada offers stability, rule of law and clear crypto regulation.
Serving the world’s largest KEEP holders.
30+ years of experience successfully scaling internet infrastructure companies.
Active participant in the KEEP ecosystem.
Third-party custody solutions are available through our institutional partners.
The world’s most advanced physical IDC + multi-cloud staking infrastructure.
You maintain custody of your KEEP at all times.
Protected via industry-leading Staking & Delegation agreement.
Get in touch with our team to discuss Prime customers advantages and unlock the full Figment experience
Stake your KEEP tokens in a few clicks by following these steps:
Keep delegations are different than those of other popular staking networks. You’ll first need to contact Figment via: email@example.com
Once you have your KEEP, ensure that Figment has provided you with the addresses required for your delegation. We will give you unique addresses that are specifically for your delegation.
The easiest & most secure way to stake KEEP tokens is to delegate, and you can do that with the Figment team. Check out our guide here.
Figment will provide instructions, support, and information about the risks involved: firstname.lastname@example.org
Keep’s native token, KEEP, is used for staking and DAO governance voting.
Staking rewards and transfers are currently enabled.
KEEP is a work token. This means that instead of validators being selected based on the amount of stake that they have available, they are elected based on the amount of work that they can do. In return, they receive KEEP as a form of rewards.
Work opportunities are awarded randomly, but over time, the amount of work a delegator is chosen for will be proportional to the amount of KEEP delegated. Read more about KEEP’s token design here
Stakers will also capture fees from network transactions, so as NETWORK transaction volume increases, TOKEN stakers will earn more than new issuance subsidies.
The KEEP also gives stakers the right to vote on policy decisions for how the Keep will operate.
From the moment you initiate the unbonding process, it takes 60 days to unstake. During this time you will not earn rewards. When the process is complete, you can transfer/trade your Keep tokens.
You can self-custody your Keep tokens, ideally using a Ledger hardware wallet.
Figment has partnerships with a number of top-in-class custodians: email@example.com.
While your KEEP is staked, you may participate in on-chain governance by voting on different proposals.
Yes, a portion of your staked KEEP can be destroyed. There are a couple of ways this can happen:
If you delegate to a validator that is offline for over 90 minutes (or 384 blocks), you will lose 100% of the validator’s minimum stake.
The biggest risks come from intentional, malicious behavior. If your operator’s node attacks the Keep Network, the network will slash or seize all of the delegated funds.
Staking income on Keep is automatically distributed every block. Figment is never in control of your rewards.
Staking income is staked automatically, which means you will need to unstake to withdraw your staking income.
Your potential rewards depend upon validator performance. When your validator is down, you will not be earning staking income.
The KEEP supply is a fixed amount of one billion tokens, and 2% of the supply (20M tokens) will be awarded to KEEP stakers as a subsidy for an initial period.
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