Earn FLR ​​Staking Rewards with Figment

Flare is a Layer 1 blockchain that uses Ethereum Virtual Machine (EVM) as its base. It provides strong interoperability through two open protocols called State Connector and Flare Time Series Oracle (FTSO). The State Connector allows for decentralized agreement on the status of other blockchains, enabling the acquisition of external blockchain data. The FTSO is a decentralized source for time-sensitive information such as asset prices and indices. These protocols offer a wide range of possibilities for applications that use external data, and are secured by the Flare network.

Market Cap

$325.4M

Staking Rewards Rate

0.00%

Price $0.12
Percentage of Total Supply Staked 0.00%
Auto-Compounding
Reward Frequency
Unbonding Period
Slashing Penalties Enabled

Table of contents

Highlighted Protocol Characteristics

  • Layer 1 blockchain built on Ethereum Virtual Machine (EVM)
  • Strong focus on interoperability through State Connector and FTSO
  • State Connector enables decentralized data from external blockchains
  • FTSO is a decentralized oracle for time-sensitive data like prices
  • FLR is the native token used for staking, payments, and controlling spam
  • Staking rewards distributed from inflation to FTSO participants
  • FTSO rewards based on providing accurate data as a provider
  • Governance involves proposing and voting on policy changes
  • Max supply of 100 billion FLR with distribution over time

Staking Guide & Instructions

The easiest way to stake FLR is via https://staking.flare.network/ 

  • Head to https://staking.flare.network/
  • Connect your wallet
  • Find Figment in the Flare validator set and click “Stake”
  • Enter the amount you want to stake. Remember to keep some FLR available to pay for transaction fees
  • Click “Stake” and then click “approve” to approve the transaction

Figment Validator Addresses

  • Coming Soon

Market Cap

$325.4M

Staking Rewards Rate

0.00%

Price $0.12
Percentage of Total Supply Staked 0.00%
Auto-Compounding
Reward Frequency
Unbonding Period
Slashing Penalties Enabled

AWS Ind. Protocol Page

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.

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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.​

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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.

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Frequently Asked Questions

The native token on the Flare network is called FLR. The token is used to pay for transaction fees, participate in network governance, and staking in the Proof-of-Stake consensus mechanism.

View the Flare explorer here: https://flare-explorer.flare.network/ 

Staking Flare is instant. It takes up to 21 days to unstake from the moment you initiate the unbonding process. During this time you will not earn rewards. Once the process is complete, you can transfer/trade your FLR tokens.

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