Stake Tenet (TENET)
Tenet is an EVM-compatible Layer-1 blockchain operating on the Cosmos SDK that allows users to unlock the value of their staked assets by utilizing them across a native DeFi ecosystem that is governed by Tenet’s validator’s network.
Tenet uses Liquid Staking Derivatives (LSDs) as collaterals for network validators through Diversified Proof of Stake with the aim of increasing network security and improving governance inclusivity.
Finoa’s Tenet 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 TENET 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 TENET 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.
TENET staking FAQ
The TENET token has several functions:
- providing incentives to validators and stakers to keep the network secure through PoS consensus
- securing the blockchain
- facilitating governance through token-based voting.
TENET 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 TENET.
To ensure that validators are behaving according to the rules of the protocol, most Proof-of-Stake networks enforce punishments via slashing. TENET 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 TENET tokens to the Finoa Consensus Services validator.
Finoa’s TENET 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 TENET delegations.