Cardano

Specifications	Details
Platform (underlying architecture)	Layer 1
Consensus Algorithm	Proof-of-Stake (Ouroboros)
Ecosystem	Cardano
Token	ADA (₳)
Native Token Ticker	$ADA
Smallest Unit	Lovelace (1 ADA = 10^6 lovelace)
ARR or APY	~3%
Max Supply	45B (capped supply)
Delegation Requirements (Min-Max)	No minimum and maximum limit Technically it requires 2 ADA as a deposit to register the staking address but it is refundable on deregistering the account address
Stake Activation Period	~20 days
Reward Distribution Period	Every epoch (~5 days)
Compounding	Automatic
Compounding Frequency	Automatically redelegated as rewards earned
Unbonding Period	No unbonding period
Lockup Period	No lockup period
Penalties and Slashing	No slashing
Burn Mechanism	None
Validator Self-Bond Requirement	No Self-Bond required but recommended to self-bond
Inflation	~7%
Validator Set Diversity	Cardano has ~3000 validators. As of December 2020 , Cardano's k parameter is 500, setting the stake pool's saturation point at 64 million ADA.
Governance Mechanism	On-chain governance
Smart Contract Support	Yes
Smart Contract Programming Language	Plutus
Cross-chain Compatibility (Interoperability)	Yes
TPS (Transaction Throughput)	~250 TPS - 1000 TPS
Transaction Finality	~20 seconds with probabilistic finality 12 hours+ with guaranteed finality
Link to Explorer(s)	https://explorer.cardano.org/https://beta.explorer.cardano.org/en/https://cexplorer.io/
Testnet Faucet	https://docs.cardano.org/cardano-testnets/tools/faucet/
Figment’s Public Validator Address	`290401c779b426c134d7a193aeda69bfda40365ecf41c32312676bb1` and `A19651b8c24726ebdf99a54e08814ade3fcd8054efcbcdf67f3ae6ad`
Figment Staking Guide	HERE
Figment Supported MEV Relay	N/A
Recommended Non-custodial Wallet(s)	Ledger, Daedalus, Yoroi
CoinGecko Profile	https://www.coingecko.com/en/coins/cardano