Tenet
TENET
Last updated
TENET
Last updated
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:
Luganodes validator performance can be tracked here
| Type | Value |
|---|---|
| Metrics | Details |
|---|---|
Validator Address
tenetvaloper13trfdatt73lz3ya24z4axsfczavcvtkmuael75
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
