Avalanche is a layer one protocol by Ava Labs that offers high-throughput, fast finality, and unprecedented decentralization. Developers are able to launch their own public or private blockchains (called subnets), create and trade digital assets, and build scalable smart contracts and decentralized applications.
Figment leverages the founding team’s 30+ years of real world experience operating critical internet infrastructure, resulting in unparalleled performance across our staking and application platforms.
Get insights from Figment’s complete staking offering with 24/7 institutional support from our dedicated global team and regularly produced industry leading research and insights.
Available via the Figment App or via API that hooks directly into client platforms, offering portfolio tracking across multiple networks and rewards optimization.
Stake your AVAX tokens in a few clicks by following these steps:
The AVAX token.
AVAX tokens are rewarded for validating on the “default” subnet. Future subnets may reward validators and stakers in another asset.
There will be no slashing on the default subnet. That being said, future subnets are able to set their own slashing penalties.
You maintain custody of your AVAX at all times. There is no bonding or unbonding period.
At the base level, the AVAX token will be used for –
All validators on Avalanche must validate on the “default subnet”.
This subnet consists of three chains:
Outside of this requirement, validators are free to choose which subnets they want to validate on, and they do not have to run multiple nodes to validate on multiple subnets, unless it is a requirement by the subnet.
Figment is the world’s leading provider of blockchain infrastructure. We provide the most comprehensive staking solution for our over 200+ institutional clients including exchanges, wallets, foundations, custodians, and large token holders to earn rewards on their crypto assets.