Tenet

TENET

Tenet is a layer-1 DeFi blockchain solution designed to make your crypto life easier. Built using the versatile Cosmos SDK, Tenet brings a novel approach to improving network security and using Liquid Staking Derivatives (LSDs) in a way that's more secure than traditional methods.

You can find the link to the block explorer below:

Tenet explorer by Nodes.Guru

• Validator Address

• Performance

• Staking Mechanics

Validator Address

Mainnet

Type	Value
Validator Address	tenetvaloper13trfdatt73lz3ya24z4axsfczavcvtkmuael75

Performance

Luganodes validator performance can be tracked here

Staking Mechanics

Metrics	Details
Reward Frequency	Rewards are generated every ~6 seconds (1 block)
Auto-compounding	Compounding needs to be done manually
Slashing	Validator attesting two different blocks will be slashed and will be penalised 5% of their stake. They will be kicked from the active validator set as well
Stake Activation	Almost instant. Rewards are generated after 1 block (~6 seconds) from the time of stake
Unbonding Period	21 days. After unstaking, users can access the staked funds after 21 days