Original testnet participant and maker of Hubble and DataHub for Oasis Network.
Figment is a venture funded, registered Canadian company, based in Toronto. Canada offers stability, rule of law and clear crypto regulation.
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Active participant in the Oasis Network ecosystem.
The world’s most advanced physical IDC + multi-cloud staking infrastructure.
You maintain custody of your ROSE at all times.
Third-party custody solutions are available through our institutional partners. Contact us for more information.
Protected via industry-leading Delegation Agreement.
Staking rewards began on Nov 18, 2020 after 16:00 UTC. You may delegate to the Figment validator address:
Please see our comprehensive guide on fiat to crypto on-ramps for all staking tokens.View Guide
The Oasis mainnet launched on Nov 18, 2020 at 16:00 UTC. Staking rewards and token transfers are now enabled.
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:
The Oasis Network is a new, layer one, Proof of Stake platform that enables the tokenization of data, which will...
Oasis staking AMA - Nov 13, 2019: mainnet launch unknown. Inflation & distribution not yet disclosed. Rewards rate 10% by...
The Oasis Network is an upcoming privacy-first decentralized computing network. On September 14th, we spoke with the Oasis Network.
In short: Nov 18, 2020
ROSE staking and transfers both began on November 18, 2020 at 16:00 UTC. The upgrade to mainnet was proposed by the Oasis Foundation after mainnet beta had been stable for 10 days.
In short: ROSE
The Oasis network’s native token, ROSE, is used to stake and to pay for transaction fees. You can read more about ROSE here.
In short: locked ROSE can be staked to earn 20% annually in ROSE
Stakers earn newly-issued ROSE tokens. 2B of the 10B fixed supply will be used to reward staking, and stakers can expect a yearly rate of 20% rewards for their stake until May 18, 2021. The rate will then be 16% until Nov 18, 2021. You can read more about the token economics here.
Income earned by delegators is automatically added to their existing stake, which means:
You can self-custody your Oasis ROSE tokens, ideally using a Ledger hardware wallet. Instructions for using your Ledger wallet with Oasis can be found here.
Figment has partnerships with a number of top-in-class custodians: firstname.lastname@example.org
The Oasis protocol takes control of your ROSE tokens while you are staking. If you unbond your tokens, this process will take 14 days before the protocol returns your tokens to you. While your ROSE are staked, you will earn staking rewards.
In short: 14 days
From the moment you initiate the unbonding process, it takes 14 days to unstake. During this time you will not earn rewards. When the process is complete, you can transfer/trade your ROSE tokens.
Yes, a portion of your staked ROSE can be destroyed.
If you delegate to a validator that signs the same block twice with the same key, you will lose 100 of your delegated ROSE tokens and the validator you have delegated to will be permanently removed.
There will be no slashing for validator downtime.
In short: yes, if your validator does not perform adequately or safely
Stakers only receive rewards in each epoch (ie. each hour) if their validator signs at least 75% of blocks within that epoch.
A validator removed from the active set will no longer be earning its delegators any rewards. This happens when the validator that commits a safety violation (ie. equivocation, also known as double-signing), and if this happens, you will need to delegate to a new validator to resume earning rewards.
Oasis has a fixed supply, so there will be no new issuance ROSE, only newly distributed ROSE. Initially the network launched with 1.5B tokens and will not exceed 10B. You can read more about ROSE distribution here.
In short: off-chain
The Oasis network will use meritocratic, consensus-based community decision-making. You can read about Oasis governance process here.