# 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?

- Figment provides enterprise-grade validator infrastructure with industry-leading uptime, advanced monitoring, and dedicated protocol specialists. We are trusted by over 1,000 institutional clients to secure and grow their digital asset positions.
- Figment has supported Story from testnet through mainnet launch. Our early involvement ensures deep protocol expertise and a direct line to ecosystem stakeholders.
- We combine high-performance validation with proactive risk management practices to optimize uptime while minimizing slashing exposure.
- Figment’s infrastructure is built with institutional security standards, including rigorous monitoring, alerting systems, and operational best practices designed to safeguard your assets.

## 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.