Stake Agoric (BLD)
Agoric is an interoperable Proof-of-Stake blockchain in the Cosmos ecosystem that was built with the goal of increasing usability and enabling more web2 developers to build web3 dApps.
The Agoric chain uses Tendermint Proof-of-Stake and features two native tokens: the stablecoin IST and the staking token, BLD.
Finoa’s Agoric validator is run by Finoa Consensus Services, the Finoa subsidiary that builds blockchain infrastructure. By staking to an FCS node, you agree to the Finoa Consensus Services Terms and Conditions.
How it works
Go to https://wallet.keplr.app/chains/agoric and connect your wallet.
Search for "Finoa Consensus Services" in the "Search validator" box.
Click "Manage" to open the dialog box and select "Delegate".
Enter the amount you want to delegate. Keep some BLD to pay transaction fees.
Click "Delegate" and then click "Approve".
Check and approve the transaction in your Keplr wallet.
Why stake with us?
Grow your BLD holdings and support the Cosmos network by delegating your stake to the Finoa Consensus Services Validator.
Get peace of mind: use a validator run by a team of experts dedicated to upholding network security and supporting decentralization.
Earn rewards with confidence: your funds are put to work by a validator that is set up securely, has high uptime, and is and monitored 24/7 to mitigate slashing risks.
Get help when you need it: you can reach out at any time with questions or to ask for support with setting up delegations to Finoa Consensus Services.
Agoric staking FAQ
The Agoric token has three main functions:
- It provides incentives to validators and stakers to keep the networks secure through Proof-of-Stake consensus.
- It facilitates governance through token-based voting
- It supports fee payments for using the network.
Rewards on the Axelar network are inflationary, increasing the total supply of the token. The Agoric inflation rate is set at 5%. See more stats on the block explorer.
To ensure that validators are behaving according to the rules of the protocol, most Proof-of-Stake networks enforce punishments via slashing. Agoric tokens can get slashed (i.e., by burning or seizing) if:
- The validator has downtime, in which case the penalty is 0.01% of rewards per block.
- The validator is double-signing transactions, prompting a 5% slashing penalty per block.
The recommended wallet for delegated staking of Agoric tokens is Keplr Wallet.
For users with specific security and compliance needs, we recommend in-custody staking via the regulated Finoa platform.
You maintain full custody of your tokens when delegating your Agoric tokens to the Finoa Consensus Services validator.
Finoa’s Agoric validator is run by Finoa Consensus Services.
Founded in 2022, Finoa Consensus Services (FCS) is Finoa’s first subsidiary. FCS develops blockchain infrastructure and distributed validator technology that secures decentralized networks and maximizes institutional investors’ capital efficiency.
By staking to an FCS node, you agree to the Finoa Consensus Services Terms and Conditions.
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Reach out with your questions or to request help with setting up BLD delegations.