Earn Audius Staking Rewards with Figment

Audius is a Web3 streaming platform designed for musicians – they can build a fanbase and share their music tracks with the world without the need to sign a record deal.

Musicians are using Audius to create, grow, and monetize their work without needing a record label. Audius is built for musicians and fans to enjoy their music together with the highest quality streaming.

Market Cap

$274.8M

Staking Rewards Rate

18.57%

Price $0.23
Auto-Compounding No
Reward Frequency Weekly
Unbonding Period 7 days
Slashing Penalties Enabled No

Estimated staking information, Market Cap, and SRR (Staking Rewards Rate). Data is approximate and subject to change. Data provided by CoinGecko and/or stakingrewards.com.

Table of contents

Highlighted Protocol Characteristics

Staking Guide & Instructions

If you see a “claim,” button instead of “delegate,” you will need to wait 24 hours for Figment to claim before you can delegate. If you are already delegating, you do not need to claim.

Note: if this is the first time, you will need to send an approval transaction before being able to delegate.

Figment Validator Addresses

Market Cap

$274.8M

Staking Rewards Rate

18.57%

Price $0.23
Auto-Compounding No
Reward Frequency Weekly
Unbonding Period 7 days
Slashing Penalties Enabled No

Estimated staking information, Market Cap, and SRR (Staking Rewards Rate). Data is approximate and subject to change. Data provided by CoinGecko and/or stakingrewards.com.

Table of contents

The Latest Insights from Figment Experts

Features

Rewards Performance

Figment clients benefit from our engineering and protocol expertise to earn consistent staking rewards via our safety over liveness approach.

Staking & Data

Manage your staking positions, view detailed and comprehensive rewards statements, analyze data on protocol wide and validator specific performance, and interact with blockchains with our Staking and Rewards APIs.​

Robust Risk Coverage

Off-the-shelf coverage for Figment customers to help offset the risk of slashing, downtime, and missed rewards backed by insurance and Figment’s balance sheet.


Frequently Asked Questions

Audius’ native token, AUDIO, is used to stake (to earn fees and rewards), for feature access on the platform, and to participate in on-chain governance.

Metamask software wallet, a Ledger device via Metamask (recommended), and Gnosis Safe multisig are three different ways to stake, delegate, and interact with Audius. Audius contract address: 0x18aaa7115705e8be94bffebde57af9bfc265b998 Wallet: Metamask (recommend using with Ledger hardware wallet) Staking dashboard: https://dashboard.audius.org

From the moment you initiate the unbonding process, it takes 7 days to unstake. During this time you will not earn rewards. When the process is complete, you can freely transfer/trade your AUDIO tokens.

Rewards are eligible to be distributed once per week, and an Ethereum transaction is required for stakers claim to rewards. Anyone can do this, and Figment will do this on your behalf.

However, if the rewards are not claimed within one week, delegators to this staking provider will miss their rewards for that period. There are no consequences for node downtime.

Figment has partnerships with a number of top-in-class custodians. Please contact sales@figment.io for more inquiries.

Audius uses on-chain governance, and voting is based on the number of AUDIO tokens staked. Everything in Audius is governable, including governance parameters themselves.

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