MultiversX
Specifications | Details |
|---|---|
Platform (underlying architecture) | Layer 1 |
Consensus Algorithm | Secure Proof-of-Stake (”SPoS”) |
Ecosystem | MultiversX |
Token | EGLD |
Native Token Ticker | EGLD |
Smallest Unit | atto-EGLD (1 EGLD = 10^18 atto-EGLD) |
ARR or APY | ~7.68% |
Max Supply | 31,415,926 EGLD |
Delegation Requirements (Min-Max) | 1 EGLD minimum, not capped |
Stake Activation Period | Immediate |
Reward Distribution Period | Daily |
Compounding | Not automatic, delegators must submit a |
Compounding Frequency | N/A |
Unbonding Period | 10 days |
Lockup Period | N/A |
Penalties and Slashing | Jailing, Slashing |
Burn Mechanism | N/A for Metachain & Shards, Sovereign Chains could operate differently. |
Validator Self-Bond Requirement | 2,500 EGLD |
Inflation | MultiversX's economics model is based on an inflation rate that decreases each year. The protocol does not take leap years into consideration, rather it approximates each year at 365 days. |
Validator Set Diversity | The implementation of MultiversX is sharded. The current implementation, StakingV4, uses an auction list. |
Governance Mechanism | On-chain |
Smart Contract Support | Yes |
Smart Contract Programming Language | Rust, or any language which can be compiled to WebAssembly |
Cross-chain Compatibility (Interoperability) | Yes |
TPS (Transaction Throughput) | ~30k TPS (can scale 100k+) |
Transaction Finality | 2-4 seconds |
Link to Explorer(s) | |
Testnet Faucet | |
Figment’s Public Validator Address | Figment: erd1qq…qqlhllllsr0pd0j, Ledger by Figment: erd1qq…qqppllllls9ftvxy |
Figment Staking Guide | https://figment.io/insights/multiversx-staking-is-now-available-on-ledger-live/ |
Figment Supported MEV Relay | N/A |
Recommended Wallet(s) | |
CoinGecko Profile |
Updated 3 days ago