Stake KYVE (KYVE)
KYVE is a decentralized data lake that serves as a trustless hub for sourcing valid data. As a Proof-of-Stake crypto protocol built on the Cosmos SDK, KYVE aims to make trustless data a public good, providing availability and validation services for both on-chain and off-chain data for Cosmos-based networks.
KYVE Network provides fast and easy tooling for decentralized data validation, immutability, and retrieval. Its data lake archives and validates data in a decentralized way, making trustless data easily accessible via solutions like KYVE’s Data Pipeline.
Finoa’s KYVE 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/ and connect your wallet. If you don't have a wallet yet, follow the official instructions to create one.
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 KYVE 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 KYVE 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.
KYVE staking FAQ
The KYVE token has several functions:
- providing incentives to validators and stakers to keep the network secure through PoS consensus
- securing uploaded data
- facilitating governance through token-based voting.
KYVE is an inflationary currency with no supply cap. However, if there’s high network activity, inflation is counterbalanced by fee burning. Learn more about inflation on KYVE.
To ensure that validators are behaving according to the rules of the protocol, most Proof-of-Stake networks enforce punishments via slashing. KYVE tokens can get slashed (i.e., by burning or seizing) if:
- The validator has downtime
- The validator is double-signing transactions.
You maintain full custody of your tokens when delegating your KYVE tokens to the Finoa Consensus Services validator.
Finoa’s KYVE 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.
Interested in our products?
Reach out with your questions or to request help with setting up KYVE delegations.