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 `RedelegateRewardsTransaction`
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)	https://explorer.multiversx.com/
Testnet Faucet	https://devnet-wallet.multiversx.com/unlock
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)	https://wallet.multiversx.com/,https://xportal.com/
CoinGecko Profile	https://www.coingecko.com/en/coins/multiversx