Chainflip

Specifications

Details

Platform (underlying architecture)

Middleware Protocol (AMM)

Consensus Algorithm

Proof-of-Stake

Ecosystem

Chainflip

Token

Flip

Native Token Ticker

$FLIP

Smallest Unit


ARR or APY

10%

Max Supply

Delegation Requirements (Min-Max)

Stake Activation Period

Reward Distribution Period

Compounding

Compounding Frequency

Unbonding Period

Lockup Period

Penalties and Slashing

Yes - Not enabled yet

Burn Mechanism

Network Fee, State Chain Gas Fee and Slashing Penalties all are burned automatically

Validator Self-Bond Requirement

10% of the current Bond

Inflation

8%

Validator Set Diversity

Chainflip’s validator set is comprised of 150 independent validators. Anyone with the required infrastructure and enough tokens to bid for one of the 150 Validator slots can become a Validator.

Governance Mechanism

Smart Contract Support


Smart Contract Programming Language


Cross-chain Compatibility (Interoperability)

Yes

TPS (Transaction Throughput)

Transaction Finality

Link to Explorer(s)

https://scan.chainflip.io/

Testnet Faucet

Request tFLIP via Discord, following the process outlined in docs

Figment’s Public Validator Address

Coming soon

Figment Staking Guide

Coming soon

Figment Supported MEV Relay

N/A

Recommended Wallet(s)

Metamask

CoinGecko Profile

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