Sentinel’s mainnet is scheduled to launch on March 27th at 12:00 UTC. We will be supporting Sentinel and SENT token holders at launch.
Sentinel is a decentralized VPN network built on Tendermint and Cosmos SDK. Sentinel enables anyone to create Public and Private networks that provide access to decentralized applications and distributed resources, allowing users to become both producers and consumers in the network.
Sentinel’s native token, SENT, is used to stake.
You can self-custody your Sentinel SENT tokens, ideally using a Ledger hardware wallet.
Figment has partnerships with a number of top-in-class custodians: firstname.lastname@example.org
The Sentinel protocol takes control of your SENT tokens while you are staking. If you unbond your tokens, this process will take 28 days before the protocol returns your tokens to you.
Yes, a portion of your staked SENT can be destroyed. There are two ways this can happen:
Staking income is staked automatically, which means you will need to unstake to withdraw your staking income.
Your potential rewards depend upon validator performance. When your validator is down, you will not be earning staking income.
Right now, the inflation rate is around 49% of the total supply, and set to decrease by 6% every six months.
Sentinel uses token voting for on-chain governance. The more tokens that someone holds the more voting power that they will have on the network.