Passage
About
Passage is a blockchain platform focused on powering immersive digital experiences, virtual worlds, and Web3 applications. Built on the Cosmos SDK, Passage provides infrastructure for creators, developers, and communities to build decentralized metaverse experiences while leveraging the interoperability and security of the Cosmos ecosystem. The network is secured by validators and governed by PASG token holders through on-chain governance.
Staking
How Staking Works
PASG holders can delegate their tokens to a validator to help secure the Passage network and participate in consensus. Delegators earn a share of the staking rewards generated by their selected validator while maintaining ownership of their tokens.
Unbonding Period
Passage has a 21-day unbonding period. During this time, unstaked PASG cannot be transferred, redelegated, or earn staking rewards.
Reward Mechanism
Validators receive rewards for validating transactions and participating in network consensus. These rewards are distributed to delegators after the validator's commission fee is deducted. Rewards accrue continuously and can be claimed or restaked over time.
Slashing Risks
Delegated PASG may be subject to slashing if a validator violates network rules.
| Violation | Penalty |
|---|---|
| Downtime | Small slashing penalty for extended offline periods |
| Double Signing | Severe penalty + validator jailed from consensus |
WARNING
Always delegate to validators with proven uptime records and HSM-protected signing infrastructure to minimize slashing risk.
Vitwit Validator
Vitwit is an active validator on Passage, contributing to the security, reliability, and decentralization of the network. By delegating PASG to Vitwit, token holders can participate in securing the network while earning staking rewards.
Operator Address