Figment

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. 

Stake Now

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

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 rate is 5%.

Active participant in the Sentinel ecosystem.

Third-party custody solutions are available through our institutional partners. 

SECURITY & SAFETY

SECURITY & SAFETY

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.

Looking to stake over 5,000,000 DVPN?

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

Staking Guide & Instructions

Stake your DVPN tokens in a few clicks by following these steps:

  1. Connect your Sentinel wallet on https://wallet.cosmostation.io/ and your Ledger device.
  2. Click on the option “Reward”.
  3. On the next page, you will be able to choose the validator to whom you wish to delegate.
  4. Click on Delegate on your desired validator, specify amount while there is no need/obligation to put a memo unless you wish to. Similarly, you can claim rewards, undelegate, send or receive tokens.

Figment's Validator Address

Need more detailed instructions?

See full guide

Sentinel FAQ

Sentinel has a desktop wallet that can be downloaded from GitHub. Users will need to enter an authentication password – just enter: admin

Ledger owners can connect to the network through Cosmostation.

Find their block explorer at explorer.sentinel.co

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:

  1. If you delegate to a validator that is offline for certain amount of time (9,500/10,000 blocks), you will lose 0.01% of the tokens you have delegated to that validator.
  2. If you delegate to a validator that signs the same block twice with the same key, you will lose 5% of the tokens you have delegated to that validator.

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.