# Casper Network (CSPR)

Casper is a layer-one blockchain purpose-built for application development and scalability. It aims to support applications without sacrificing usability, cost, decentralization, or security. Casper uses a CBC Casper-based Proof-of-Stake (PoS) consensus protocol called Highway to secure the network and verify transactions.

## Market Cap

$25.2M

## Staking Reward Rate*

14%*

## Price

$0.00

## Auto-Compounding

Yes

## Reward Frequency

1 Era (2 Hours)

## Activation

2 hours

## Withdrawal

1 Day

### Slashing Penalties Enabled

No

\*Staking Reward Rates (SRR) vary based on network conditions, delegation size, and infrastructure optimizations. Contact our team to explore your potential rewards.

## Why Stake Casper Network With Figment?

- Casper achieves scalability by eliminating as much message passing overhead as possible while ensuring that all the stake is properly represented
- The Casper blockchain is designed to be an attractive platform for enterprise level applications
- The main use cases for the Casper token (CSPR) will primarily be staking, paying for transaction fees, and participating in governance
- Casper looks to accelerate the overall usage of blockchain technology into the business world, allowing developers the ability to build fast and scalable dApps

## Casper Network Staking FAQ

### What is the name of the asset being staked?+

Casper’s native token, CSPR, is used to pay computation fees and reward validators.

### Why stake CSPR?+

Initially, the CSPR is staked to earn new issuance (“inflationary”) subsidies. This means that the CSPR supply will increase and stakers will capture the newly issued CSPR. Generally, you will earn around 8% annually on your staked CSPR, but that can change.

Stakers will also capture fees from network transactions, so as Casper transaction volume increases, CSPR stakers will earn more than new issuance subsidies. The CSPR token also gives stakers the right to vote on policy decisions for how the Casper will operate and distribute treasury funds.

### How long does it take to unstake?+

It takes 7 eras, approximately 14 hours to unstake. During this time neither validators nor delegators receive rewards.

### When are staking rewards and transfers enabled?+

Staking rewards are enabled at mainnet launch. Transfers are enabled, but holders cannot trade tokens until they become unlocked.

### How are staking rewards disbursed?+

Staking rewards on Casper is automatically distributed once per era (~ 2 hours). Rewards will be automatically staked and are locked for the first 90 days, along with all other tokens.

### Can I lose potential staking rewards?+

Your potential rewards depend upon validator performance. Validators earn rewards by participating in consensus by finalizing blocks. If your validator is offline or cannot vote on many blocks, you will not earn as many rewards.

### Can my staked CSPR be slashed (seized or destroyed)?+

Yes, a portion of your staked CSPR can be destroyed. If a validator is slashed, all tokens that have been delegated to that validator will also be slashed. Casper is slashed for double-signing, also known as equivocations. Double signing happens if a validator is running two nodes and they both sign the block at the same time.

However, you can lose potential rewards for downtime.

### What is the rate of new issuance (aka "annual inflation") for CSPR? How does the token supply change?+

The actual annual inflation rate is 8%. There will be 10 billion CSPR at the time of genesis.

### Do I maintain custody of my CSPR tokens? Who or what controls my staked CSPR token?+

Figment has partnerships with a number of top-in-class custodians. Please contact support@figment.io for more inquiries.

### How are decisions about Casper made and executed?+

Casper has proposed a governance model that includes Constituency Groups making governance decisions on behalf of the group that they represent. In some protocols, simply holding the token is necessary for voting for on-chain governance. But Casper wants to allow core developers, open-source contributors and dApp developers, and commercial licensees to participate in governance, alongside validators and delegators.

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