IOTA
Specifications | Details |
|---|---|
Platform (underlying architecture) | Layer 1 |
Consensus Algorithm | Delegated Proof-of-Stake |
Ecosystem | IOTA |
Token | IOTA |
Native Token Ticker | $IOTA |
Smallest Unit | micro (0.000001 IOTA) |
ARR or APY | 46.64% |
Max Supply | 4,600,000,000 |
Delegation Requirements (Min-Max) | 2,000,000 (min) |
Stake Activation Period | 1 epoch (24h) |
Reward Distribution Period | Every epoch |
Compounding | Automatic |
Compounding Frequency | Every epoch |
Unbonding Period | Instant |
Lockup Period | None |
Penalties and Slashing | IOTA employs a community-driven Tallying Rule for slashing. Validators monitor each other and can assign a score of zero to non-performant validators, resulting in slashing of their rewards. |
Burn Mechanism | Collected transaction fees are burned |
Validator Self-Bond Requirement | 2M |
Inflation | 6% |
Validator Set Diversity | A maximum of 150 validator seats initially. Note that validators wouldn’t have to come up with the minimum staking requirement by themselves but could leverage the stake assigned by delegators to overcome the minimum requirement. |
Governance Mechanism | On-chain and off-chain |
Smart Contract Support | Yes |
Smart Contract Programming Language | Move, Solidity |
Cross-chain Compatibility (Interoperability) | Yes |
TPS (Transaction Throughput) | 50,000 TPS |
Transaction Finality | ~400ms |
Link to Explorer(s) | https://explorer.iota.org/, https://iotascan.com/mainnet/home |
Testnet Faucet | |
Figment’s Public Validator Address |
|
Figment Staking Guide | |
Figment Supported MEV Relay | N/A |
Recommended Wallet(s) | |
CoinGecko Profile |
Updated 3 days ago