KYVE is a decentralized data lake that serves as a trustless hub for sourcing valid data. As a Proof-of-Stake crypto protocol built on the Cosmos SDK, KYVE aims to make trustless data a public good, providing availability and validation services for both on-chain and off-chain data for Cosmos-based networks.
KYVE Network provides fast and easy tooling for decentralized data validation, immutability, and retrieval. Its data lake archives and validates data in a decentralized way, making trustless data easily accessible via solutions like KYVE’s Data Pipeline.
Finoa’s KYVE 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 KYVE token has several functions:
KYVE is an inflationary currency with no supply cap. However, if there’s high network activity, inflation is counterbalanced by fee burning. Learn more about inflation on KYVE.
To ensure that validators are behaving according to the rules of the protocol, most Proof-of-Stake networks enforce punishments via slashing. KYVE tokens can get slashed (i.e., by burning or seizing) if:
The recommended wallet for delegated staking of KYVE tokens is Keplr Wallet.
You maintain full custody of your tokens when delegating your KYVE tokens to the Finoa Consensus Services validator.
Finoa’s KYVE 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.