The Oasis Network is an upcoming privacy-first decentralized computing network. Figment will be supporting the Oasis Foundation and its stakeholders at launch. Contact us for more information. 

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The Oasis Network is a layer one, Proof of Stake platform that enables the tokenization of data, which will give ownership of data back to individuals. The Oasis Network is built with three key principles in mind: 

  • Privacy-First Design – End-to-end confidentiality and true data ownership will be supported by the Oasis Network. Compute techniques like Intel SGX’s secure enclave will be leveraged to ensure that data is not exposed on the network. The protocol can also support other privacy preserving technology such as Homomorphic encryption and Zero-knowledge proofs.
  • Resilient, Flexible Architecture – The Oasis Network is designed to support a broad range of use cases without having to go through hard-forks or large network updates. This will ensure that it can retain its utility in the long term. 
  • Real-World Performance – The Oasis Network separates computation from consensus. This will allow the network to handle more complex computations while avoiding computational backlog.

Frequently Asked Questions

How do you pay for transaction fees on the network?

Will the Oasis Network token. (name TBD)

Can my staked assets be slashed (seized or destroyed)?

At launch, the Oasis Network will only slash validators for double signing. Validators who double sign will be slashed 100 tokens and the validator will be frozen, which means they will stop earning rewards until the validator is unfrozen. The Oasis Network will not slash validators for downtime at launch. 

What is the expected reward rate?

The Oasis Network will target a ~15% annual reward rate for validators at launch. This rate will gradually decrease to 10% by the end of the year. Rewards will be fixed and proportional to amount staked. Validators only receive rewards in each epoch if they sign at least 75% of blocks within that epoch. 

What is the unbonding period?

The Oasis Network will have a ~14 day unbonding period. During this time, staked tokens will not earn rewards, but they will still be at risk of being slashed.

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