Provenance is a Cosmos-based blockchain whose mission is to develop a vibrant ecosystem of decentralized financial services for a variety of financial institutions and individuals.
Provenance supports the financial service industry by providing a ledger, registry, and exchange across multiple financial assets and markets.
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.
Our Commission is 10%
Active participant in the Provenance ecosystem.
The world’s most advanced physical IDC + multi-cloud staking infrastructure.
You maintain custody of your HASH at all times.
Protected via industry-leading Staking & Delegation agreement.
The Provenance network token, HASH, is used for staking, and participation in on-chain governance.
Staking rewards and transfers will begin at the launch of the mainnet.
There is a 21 day unbonding period to unstake your HASH.
You can self-custody your HASH tokens, ideally using the native Provenance wallet.
Figment has partnerships with a number of top-in-class custodians: support@figment.io
Staking income on Provenance is automatically disturbed every block. Figment is never in control of your rewards.
Staking income is not automatically compounded, a new delegation is required.
Your potential rewards depend upon validator performance. If a validator misses more than 99% of the last 10,000 blocks, this results in a slashing penalty of 0.01%. There is also a 5% slashing penalty for double signing.
The number of minted HASH remains constant, and no new HASH is minted as reward for work. As a result, there is no inflation for HASH.
