Figment

Provenance is a Cosmos-based blockchain whose mission is to develop a vibrant ecosystem of decentralized financial services for a variety of financial institutions and individuals.

Provenance supports the financial service industry by providing a ledger, registry, and exchange across multiple financial assets and markets. 

 

Rewards Distributed every block
Slashing If a validator misses more than 95% of the last 17,280 blocks, they will get slashed by 0.01%; 5% for double signing
Inflation None
Unbonding 21 Day Unbonding Period
Compounding No compounding

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

Our Commission is 10%

Active participant in the Provenance ecosystem.

SECURITY & SAFETY

SECURITY & SAFETY

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

You maintain custody of your HASH at all times.

Protected via industry-leading Staking & Delegation agreement.

Looking to stake HASH?

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

Provenance FAQ

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

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

There is a 21 day unbonding period to unstake your HASH.

You can self-custody your HASH tokens, ideally using the native Provenance wallet.

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

Staking income on Provenance is automatically disturbed every block. Figment is never in control of your rewards.

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

Your potential rewards depend upon validator performance. If a validator misses more than 99% of the last 10,000 blocks, this results in a slashing penalty of 0.01%. There is also a 5% slashing penalty for double signing.

The number of minted HASH remains constant, and no new HASH is minted as reward for work. As a result, there is no inflation for HASH. 

Additional Resources

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

Provenance: First Look

Provenance is a Cosmos-based blockchain that hosts an ecosystem of DeFi services for asset originators, fund managers, investors, and more.