Agoric is an interoperable Proof-of-Stake blockchain in the Cosmos ecosystem that was built with the goal of increasing usability and enabling more web2 developers to build web3 dApps.
Agoric works as a smart contract platform that uses JavaScript as its default language, making the experience familiar to millions of professionals. Developers can easily build and deploy dApps on-chain using the Agoric library of reusable DeFi components.
The Agoric chain uses Tendermint Proof-of-Stake and features two native tokens: the stablecoin IST and the staking token, BLD.
Finoa’s Agoric validator is run by Finoa Consensus Services, the Finoa subsidiary that builds blockchain infrastructure. By staking to an FCS node, you agree to the Finoa Consensus Services Terms and Conditions.
The Agoric token has three main functions:
Rewards on the Axelar network are inflationary, increasing the total supply of the token. The Agoric inflation rate is set at 5%. See more stats on the block explorer.
To ensure that validators are behaving according to the rules of the protocol, most Proof-of-Stake networks enforce punishments via slashing. Agoric tokens can get slashed (i.e., by burning or seizing) if:
The recommended wallet for delegated staking of Agoric tokens is Keplr Wallet.
For users with specific security and compliance needs, we recommend in-custody staking via the regulated Finoa platform.
You maintain full custody of your tokens when delegating your Agoric tokens to the Finoa Consensus Services validator.
Finoa’s Agoric validator is run by Finoa Consensus Services.
Founded in 2022, Finoa Consensus Services (FCS) is Finoa’s first subsidiary. FCS develops blockchain infrastructure and distributed validator technology that secures decentralized networks and maximizes institutional investors’ capital efficiency.
By staking to an FCS node, you agree to the Finoa Consensus Services Terms and Conditions.