Osmosis (OSMO)

Osmosis is the main interchain DEX in the Cosmos ecosystem where users can create liquidity and trade Inter-Blockchain Communication (IBC) enabled tokens. As an Automated Market Maker protocol, created using the Cosmos SDK, it is considered a Hub in the IBC ecosystem.

Meet With Us to Stake OSMO

Figment Validator Address:
osmovaloper1hjct6q7npsspsg3dgvzk3sdf89spmlpf6t4agt

Market Cap

$24.8M

Staking Reward Rate*

2.43%

Price

$0.03

Auto-Compounding

No

Reward Frequency

1 Epoch (Daily)

Activation

Immediate

Withdrawal

14 Days

Slashing Penalties Enabled

Yes

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

Why Stake Osmosis With Figment?

• The osmosis mainnet launched on June 19, 2021
• IBC is a leader in the coming wave of blockchain interconnectivity. Participants on networks realize increased value when networks are able to communicate fluidly
• Staking is the most reliable way to earn returns on Osmosis. Staking Osmo also gives you access to potential future airdrops
• The decentralized exchange (DEX) on Osmosis gives users the ability to easily swap tokens in the cosmos ecosystem
• Transactions on Osmosis are much cheaper than Ethereum, costing only a few cents

Osmosis Staking FAQ

1. What is the name of the asset being staked?
   The Osmosis AAM Protocol token, OSMO, is used for staking, and participation in on-chain governance.
2. How long does it take to stake and unstake?
   It takes 14 days to unstake your OSMO.
3. When are staking rewards and transfers enabled?
   Staking rewards on Osmosis are automatically distributed every epoch (~1 day). Figment is never in control of your rewards. Staking income is not automatically compounded, and a new delegation is required before rewards begin earning staking rewards.
4. Can I lose potential staking rewards?
   Your potential rewards depend upon validator performance. There is no slashing for downtime, but validators are jailed after 50 hours of downtime, which will make the validator and its delegators ineligible to earn staking rewards until un-jailed. Validators may submit an un-jailing transaction 60 seconds after becoming jailed, which will enable them to earn staking rewards once approved. If a validator double-signs a transaction block, they and their delegators will be subject to a 5% slash and the validator itself will be permanently jailed (or “tombstoned”). To date, Figment has never been slashed.
5. What is the rate of new issuance (aka "annual inflation") for OSMO?
   In the first year, 821917 OSMO in rewards are distributed daily (per epoch), with 25% of it going to stakers. This means that the new issuance rate will be 292.8%. Since stakers get 25% of that, staking returns are at a minimum of 73.2% annually. Rewards will then be cut by 1/3 each year.
6. Do I maintain custody of my OSMO tokens? Who or what controls my staked OSMO token?
   Figment has partnerships with a number of top-in-class custodians: Please contact sales@figment.io for inquiries.
7. How are decisions about Osmosis made and executed?
   Decisions about the protocol, which include things like parameter changes, incentives payouts, and community fund allocations, are decided by OSMO holders through the governance process. Discussions occur on the forum known as Commonwealth, and voting takes place through the Governance tab in Keplr. Validators will vote on behalf of their delegators as a default unless the individual delegator overrides that vote with their own. In this way, validators act as a default proxy vote, but delegators retain the right to individually vote on proposals (except for tokens engaged in Superfluid Staking, in which case only validators can use superfluid OSMO to vote on governance proposals).