Audius

Specifications

Details

Platform (underlying architecture)

Music Sharing Protocol on Ethereum

Consensus Algorithm

Proof-of-Stake

Ecosystem

Ethereum

Token

AUDIO

Native Token Ticker

$AUDIO

Smallest Unit


ARR or APY

~19%

Max Supply

1.23B (1,233,216,325 - capped supply)

Delegation Requirements (Min-Max)

Minimum - 100 $AUDIO (Each Node Operator is also able to set a higher minimum delegation)
Maximum - No limit

Stake Activation Period

None

Reward Distribution Period

Weekly, must be claimed manually

Compounding

Automatically restaked after being claimed

Compounding Frequency

Automatically restaked after being claimed

Unbonding Period

7 days

Lockup Period

None

Penalties and Slashing

Yes - Slashing on Audius is done exclusively through the governance process

Burn Mechanism


Validator Self-Bond Requirement

200,000 $AUDIO

Inflation

7%

Validator Set Diversity

Currently, the Audius node operators set is comprised of 26 node operators

Governance Mechanism

On-chain governance

Smart Contract Support


Smart Contract Programming Language


Cross-chain Compatibility (Interoperability)


TPS (Transaction Throughput)


Transaction Finality


Link to Explorer(s)


Testnet Faucet


Figment’s Public Validator Address

0xc1f351FE81dFAcB3541e59177AC71Ed237BD15D0

Figment Staking Guide

HERE

Figment Supported MEV Relay

N/A

Recommended Wallet(s)

Ledger, Metamask

CoinGecko Profile

https://www.coingecko.com/en/coins/audius