Fees 6.00 %
RewardsEvery block (around 30 seconds)
Lock-up period21 Days
CompoundingManual, delegator needs to claim and restake
Slashing risk• Downtime slashing (liveness fault): 0.01% of NGM slashed. It happens when the validator is down for approximately 24 hours. • Double sign slashing: 5% of NGM slashed. It happens if the validator tries to validate twice the same block (malicious behavior or poor set-up).
The e-Money protocol is designed to create a variety of interest-bearing currency-backed stablecoins based on various world currencies. Each token is backed by an audited asset reserve denominated in the underlying currency. The Euro (EUR), Swiss Franc (CHF), Swedish Krona (SEK), Norwegian Krone (NOK), and Danish Krone (DKK) are examples of currencies supported by e-Money, and there are many additional currencies set to launch. In addition, Ernst & Young performs quarterly reserve audits as part of the project's commitment to total transparency. Furthermore, the value of e-Money's tokens fluctuates by the interest earned on reserve assets. This means that holders profit from the interest earned on their stable assets while they are safely stored in their wallets. The e-Money blockchain enables instant payments at scale and includes a DEX for simple currency conversion. E-Money is a Proof-of-Stake blockchain built on Tendermint and Cosmos SDK. NGM is E-Money’s native cryptocurrency. NGM can be staked to validators such as Stakin to earn rewards and take part in decentralized governance. For more information about E-Money, have a look at our blog: https://blog.stakin.com/tag/emoney/
Learn about E-Money (NGM)
Why stake with us?• Stakin has been operating on E-Money mainnet as a selected validator since genesis in March 2020 • We took part in early E-Money testnets since lilmermaid-4, which launched in November 2019 • In addition to E-Money and Cosmos, Stakin supports 10+ networks in the Cosmos ecosystem and works on multiple testnet that are built on Tendermint • The company actively takes part in on-chain governance and votes on all key proposals • We offer dedicated support for all your staking, unstaking, and network-related questions