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|
|Unbonding||21 Day Unbonding Period|
|Compounding||New delegation required|
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.
30+ years of experience successfully scaling internet infrastructure companies.
Our Commission is 10%
Active participant in the Provenance ecosystem.
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.
Get in touch with our team to discuss Prime customers advantages and unlock the full Figment experience
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.
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.
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