Why Stake with Figment?

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.

Features & Benefits

Features & Benefits

Receive 94% of staking rewards (6% commission fee). 

You maintain custody of your Edgeware tokens at all times. 

Safety & Security

Safety & Security

100% missed reward SLA guarantee.

Figment Prime & discounts available for larger holdings.

Third-party custody solutions are available through our institutional partners. Contact us for more information. 

Compliance

Compliance

Comprehensive reward reporting and tracking.

Protected via industry-leading Delegation Agreement.

Staking Guide & Instructions

You can find our validators via the Edgeware explorer here: https://polkadot.js.org/apps/#/staking/actions

Our validator names and addresses are:

FIGMENT NETWORKS #1 – nzxfs6i8CepDCW979dDX2B9TRHDbMVyC1knye6Pwb4M79nZ

FIGMENT NETWORKS #2 – jUE4Qtc7R8qgPcy39Cij2CeoMxrX8WU8tWjZdhock8rQ87Q

FIGMENT NETWORKS #3 – kHBUjJSiEHAvT6T8xZhYtCTkWA4ncLRpbRhC8D8A6WJVGzk

Take a look at our more detailed staking guide here.

 

Fiat-to-Token Exchange

Please see our comprehensive guide on fiat to crypto on-ramps for all staking tokens.

View Guide

Learn More

Edgeware is a high-performance, self-upgrading, Wasm smart-contract platform being built on Substrate, the Polkadot ecosystem. Edgeware is designed specifically to facilitate advances in on-chain governance for blockchain protocols. Participants vote, delegate, and fund each other to upgrade the network, and are entitled to governing rights via its native token, EDG.

Frequently Asked Questions

How does a validator node qualify to be in the active set?

There is currently a max of 60 active validators on the Edgeware network. There is no minimum amount of tokens required to validate. A validator is active as long as the total nomination allows the validator to breach the top 60.

What is the staking process?

You can access the Edgeware network here

Then you must either create a controller account and send 5 to 10 EDG to that account.

You can then select how much EDG you would like to stake from your stash account via the controller account, and choose which validators you would like to nominate. 

More information can be found here

What is the asset or assets being staked?

The Edgeware token (EDG). 

What is the bonding period?

Tokens that are staked to a validator must be bonded for a minimum of 7 days. 

What is the asset that the validator node receives as a reward?

The Edgeware token (EDG). 

Can a validator be slashed?

A validator can be slashed. Slashing occurs when a validator goes offline, attacks the network, or runs modified software.