Figment

Moonbeam is a bridging platform focused on interoperability between Ethereum and Polkadot. Moonbeam aims to provide developers a lower barrier to entry for developing Ethereum compatible decentralized applications on a more cost-effective platform like Polkadot.

The blockchain compatibility allows developers to use their existing Ethereum smart contracts and dApp frontends to easily move over to Moonbeam with minimal changes, enabling cross-chain liquidity between Ethereum and Polkadot.

Rewards At the end of every round (300 blocks), collators are rewarded for their work from 2 rounds ago
Slashing No slashing
Inflation There is a 5% inflation rate on Moonbeam. 2.5% of this inflation is distributed to stakers.
Unbonding No 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

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

30+ years of experience successfully scaling internet infrastructure companies.

FEATURES & BENEFITS

FEATURES & BENEFITS

 

Active participant in the Moonbeam ecosystem.

SECURITY & SAFETY

SECURITY & SAFETY

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

You maintain custody of your GLMR at all times.

Protected via industry-leading Staking & Delegation agreement.

Looking to stake GLMR?

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

Moonbeam FAQ

The Moonbeam network token, GLMR, is used for staking, and participation in on-chain governance.

Staking rewards and transfers will begin at the launch of the mainnet.

There is no unbonding period to unstake your GLMR.

You can self-custody your GLMR tokens, ideally using a ledger wallet.

Figment has partnerships with a number of top-in-class custodians: support@figment.io

At the end of every round (300 blocks), collators are rewarded for their work from 2 rounds ago. 

Staking income is not automatically compounded, a new delegation is required.

There are no slashing penalties, your potential rewards depend upon validator performance. 

There is a 5% inflation rate on Moonbeam, 2.5% of the inflation is distributed to stakers. 

Additional Resources

Want to learn more about Moonbeam? Check out our latest articles

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Moonbeam is a bridging platform focused on interoperability between Ethereum and Polkadot. The Moonbeam team joined us on July 1st...