Flow
Specifications | Details |
|---|---|
Platform (underlying architecture) | Layer 1 |
Consensus Algorithm | Proof-of-Stake |
Ecosystem | Flow |
Token | Flow (𝔽) |
Native Token Ticker | $FLOW |
Smallest Unit | The smallest amount of FLOW is 10^-8 |
ARR or APY | ~10% |
Max Supply | ∞ |
Delegation Requirements (Min-Max) | Minimum - 50 FLOW Maximum - No limit |
Stake Activation Period | 1 epoch (~7 days) |
Reward Distribution Period | Every epoch (7 days) |
Compounding | Manual |
Compounding Frequency | Rewards can be staked again when earned and claimed manually |
Unbonding Period | 7-14 days |
Lockup Period | None |
Penalties and Slashing | Yes - On a case-by-case basis |
Burn Mechanism | None |
Validator Self-Bond Requirement | Minimum - • Collection Nodes: 250,000 FLOW • Consensus Nodes: 500,000 FLOW • Execution Nodes: 1,250,000 FLOW • Verification Nodes: 135,000 FLOW • Access Node: 100 FLOW Maximum - No limit |
Inflation | 3.75% (Max.) |
Validator Set Diversity | Anyone can become a validator by proposing to run a node. The proposal must be approved by the Flow governance working group. 438 nodes of different types are currently running on the network. |
Governance Mechanism | Off-chain governance |
Smart Contract Support | Yes |
Smart Contract Programming Language | |
Cross-chain Compatibility (Interoperability) | Yes |
TPS (Transaction Throughput) | Up to ~1000 TPS |
Transaction Finality | ~6 seconds |
Link to Explorer(s) | https://www.flowdiver.io/, https://www.flowview.app/ , https://contractbrowser.com/ |
Testnet Faucet | Testnet - https://testnet-faucet.onflow.org/ Previewnet - https://previewnet-faucet.onflow.org/ |
Figment’s Public Validator Address | Consensus Node - |
Figment Staking Guide | |
Figment Supported MEV Relay | N/A |
Recommended Wallet(s) | Flow Port , Ledger |
CoinGecko Profile |
Updated 3 days ago