At its core, Sentinel is a decentralized p2p bandwidth distribution network built on Tendermint and the Cosmos SDK that gives anyone the ability to monetize their bandwidth by devoting it to the Sentinel network.
The amount of bandwidth given and used by network participants is metered and confirmed by Sentinel’s set of validators.
|Rewards||Distributed automatically every block|
|Slashing||5% for double signing, 0.01% for downtime|
|Inflation||49% decreasing 6% every 6 months|
|Unbonding||28 Day unbonding period|
|Compound||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 rate is 5%.
Active participant in the Sentinel ecosystem.
Third-party custody solutions are available through our institutional partners.
The world’s most advanced physical IDC + multi-cloud staking infrastructure.
You maintain custody of your DVPN 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
Stake your DVPN tokens in a few clicks by following these steps:
Sentinel’s native token, DVPN, is used to stake and on-chain governance
You can self-custody your Sentinel DVPN tokens, ideally using a Ledger hardware wallet.
The Sentinel protocol takes control of your DVPN 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 DVPN can be destroyed. There are two ways this can happen:
Staking income on Persistence is automatically distributed every block. Figment is never in control of your rewards.
Staking income is liquid, but you will need to claim them.
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.