Story - Figment

Story (IP)

Story Protocol is a Layer 1 blockchain designed specifically to bring intellectual property management on-chain. It enables creators to tokenize IP as NFTs (IP Assets), attach programmable licenses, and automate royalty distribution through smart contracts.

Market Cap

Data not available

Staking Reward Rate*

7.93%*

Price

Data not available

Auto-Compounding

No

Reward Frequency

1 Block (3 sec)

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 Story With Figment?

Story Staking FAQ

What is Story Protocol?

What is Proof-of-Creativity?

Proof-of-Creativity is Story’s enshrined smart contract framework that enables IP registration, licensing, royalty management, and dispute resolution. It combines on-chain programmability with legally enforceable licensing templates.

How does staking work on Story Protocol?

Story Protocol uses a Proof-of-Stake consensus mechanism. Token holders delegate $IP to validators like Figment, who operate infrastructure that validates transactions and secures the network. In exchange, delegators earn staking rewards, typically distributed proportionally to their stake.

What are staking rewards?

Staking rewards are paid in $IP and are generated through protocol emissions and network activity. Reward rates vary based on total network stake, validator performance, and protocol parameters.

Is there an unbonding period?

Yes. Staked $IP is activated instantly and there is a 14 day unbonding (withdrawal) period when unstaking. During unbonding, tokens do not earn rewards and cannot be transferred.

Can I be slashed?

Yes. Story Protocol enables slashing penalties for validator misbehavior (e.g., downtime or double-signing). Delegating to a professional validator like Figment helps reduce operational risk through robust infrastructure and monitoring systems.